Integrated AI solution that provides AI Event-Based Product Engagement, Concealment and Business Intelligence data with the power of Databricks Data Lake and Delta Sharing will give Retail Operators a never-before seen enterprise operational lens to look through.
Irvine, California Dec. 18, 2024 — RaptorVision and Konverge.AI are excited to announce that they have entered into a global strategic partnership, leveraging both organizations’ technology experience in building and delivering AI solutions to enterprise clients. This partnership is geared around building specific solutions based on client-centric AI Use Cases to deliver performance-based high ROI results to the enterprise.
Based on the integration of the RaptorVision Product Engagement, Concealment and Integration Platform with the Databricks Data Warehouse & Data Lake architecture and enterprise capabilities, RaptorVision and Konverge.AI plan to collaborate on client implementation projects that address strategic opportunities for clients to accelerate their initiatives into the world of Gen AI and Deep Learning with proven technology and implementation experience.
With AI and Business Intelligence (BI) becoming paramount in the competitive Retail Landscape, increased profits, cost reductions, operational efficiencies and the ability to make the right strategic business decisions remain key objectives to a successful retail operation. Operators realize that they need to invest in both AI & BI to remain ahead of the pack. The RaptorVision Platform provides unparalleled Data Intelligence, capture and delivery with a State-of-the Art integrated suite of video analytics, Gen AI and Deep-Learning solutions that detect product engagement events, converting their existing video streams to Enterprise Data Intelligence in real-time. This gives them the ultimate 360 view of operational BI.
Both RaptorVision and Konverge.AI selected Databricks for its ability to make enterprise data more accessible to everyone, revolutionizing decision-making and data interactions within Retail Operators. It takes data analytics to the next level by combining generative AI to get greater insights and deliver strategic decision-making.
“The RaptorVision-Konverge.AI partnership brings together experienced data scientists with a solution-driven set of ideas and ability to implement now often found elsewhere”, said Chris Olson, RaptorVision’s VP of Business Development. “Both RaptorVision and Konverge.AI bring tremendous value to the Retail Market. By enhancing the retailer’s ability to effectively aggregate product engagement data that, until now wasn’t available. Retail Operators are given line of sight to which products customers are actually interacting with, not just buying. We see this as a game changer for both Retail BI as well as the Customer Experience both of which result in an outcome of increased profits.”
“This strategic collaboration marks a transformative moment in retail intelligence, bringing together product engagement analytics and deep data science expertise”, said Prateek Chandrayan, CEO & Co-founder of Konverge.AI. “Our partnership will enable retailers to leverage a best-in-class data intelligence platform to get unprecedented insights into customer interactions, moving beyond traditional sales metrics to understand how customers truly engage with products in retail.”
About RaptorVision
RaptorVision is the most innovative cloud-based platform for retail integration, data capture and business intelligence technology on the market. It is “Purpose Built” to focus on Product Engagement utilizing both analytics and AI. This unique approach allows for a 360-degree view of operations supporting Use Cases for Retail Crime and Shoplifting, Customer Service, Check-Out, Product Engagement, while improving the Retail Customer Experience as well as Employee and Customer Safety. For more information visit raptorvision.ai
About Konverge.AI
Konverge.AI is a data science firm focused on empowering businesses with Artificial Intelligence (AI) capabilities. Our Databricks accelerators enable rapid implementation of Databricks based solutions to common industry use cases. As a Databricks strategic partner, our teams are constantly developing accelerators specifically geared towards Databricks ecosystem. For more information visit konverge.ai
Chris Olson
Contact
(877) 834-7070
