🚀 ITAB makes strategic investment in Signatrix’ Retail AI technology 🚀 ITAB Group is pleased to announce the strengthening of our ecosystem of partners with a strategic investment in Signatrix GmbH, a retail AI and visual intelligence technology startup. Retail AI is an integral part of ITAB’s technology platform and together with Signatrix the Group will continue to develop AI solutions for loss prevention and other parts of the in-store environment. “We know that technology plays a critical role in our solutions today – to create great in-store experiences that drive sales and conversion as well as to deliver more efficient stores, and we can see an even greater use of AI solutions in the physical store in the future. With the aid of innovate AI algorithms, the retail AI technology from Signatrix will enable us at ITAB to develop and offer truly unique and competitive advantages for our customers utilizing our in-store technology solutions”, says Andréas Elgaard, President & CEO of ITAB Group. https://lnkd.in/dxdUfNXW Please take a look at the video to get a taste of how we have integrated Signatrix’ AI technology to help retailers. https://lnkd.in/dsmqF2cp
Daniel Hoepfner
1mo
This partnership with Signatrix sounds like a game changer for retail AI. Can't wait to see how these innovative solutions will enhance in-store experiences and efficiency. Specials thanks for believing in this partnership: Andréas Elgaard, Nick Hughes, Fredrik Levander, Mikael Bengtsson and @Frida Karlsson....
Raimund Bau
1mo
Smart move - congrats :-)
Good move!!! Congratulations Andréas Elgaard 👏🏻
Strategic Business Development Manager
1moInteresting. What does the AI actually do?