RaptorVision Collaborates with Veesion to Develop AI-Based Enterprise Platform

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LOS ANGELES—RaptorVision and Veesion have announced a global strategic partnership that combines Veesion’s concealment detection behavioral analytic with RaptorVision’s AI event-based product engagement & integration platform for the retail enterprise.

The companies point out that with AI playing an ever-present role in the competitive retail landscape, increased profits, reduced shrinkage and employee and customer safety remain key objectives to a successful retail operation. The RaptorVision partnership with Veesion is said to combine proven concealment AI with a state-of-the-art integrated suite of video analytics and AI deep-learning solutions that detect product engagement events in real time.

“This partnership is a powerful AI combination,” says Chris Olson, VP of business development, RaptorVision. “Both RaptorVision and Veesion bring tremendous value to the Retail Market. Our combined unique focus on Product Engagement gives Retail Operators a new lens to look through to collect, categorize, & analyze product engagement and theft concealment data.”

RaptorVision Alliance with Veesion Converts Video into Usable Data

According to both manufacturers, with retail operators increasingly using AI to combat their $112 billion shrinkage epidemic, both companies emphasize the newly formed partnership partnership represents a game-changing solution that converts existing camera video feeds into enterprise data intelligence. These conversion capabilities RaptorVision and Veesion continue, provides a 360-degree line-of-sight view of business operations for executives and store staff alike, they state are not offered elsewhere in the marketplace.

“The RaptorVision Platform enables Veesion access to multi-site enterprise retail organizations. The powered-by-Veesion’s concealment technology enhances RaptorVision’s AI solution suite. The tremendous impact of AI, coupled with recent progress in the field allows our combined solutions to deliver great insights in retail marketing analytics,” comments Benoît Koenig, general manager, Veesion.

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