VSBLTY Groupe Technologies Corp. (CSE:VSBY) (Frankfurt: 5VS) (OTCBB:VSBGF) (“VSBLTY”), a leading software technology company, today announced that it has been selected as a preferred vendor for Seneca Lab’s industry leading visual media product solutions. Seneca is a division of Arrow Electronics, Inc. (NYSE: ARW), a Fortune 109 company with more than 20,000 employees worldwide.
Kevin Cosbey, Business Development Manager, Arrow Electronics Global Services, said Seneca is launching a first-of-its-kind integration software, named Maestro, preloaded on digital media players, which can be ordered complete with CMS and/or with software analytics that provide audience measurement. “For this program four vendors that offer CMS solutions and three that offer audience measurement have been selected. VSBLTY is the only Seneca partner offering solutions in both the CMS and analytics categories,” Cosbey pointed out, “and we are delighted to have VSBLTY’s state-of-the-art technology to enhance Seneca’s product line.”
The digital signage market is exploding worldwide. According to a recent research study, “The global digital signage market size was estimated at USD 18.55 billion in 2018 and is anticipated to reach USD 31.71 billion by 2025, at a CAGR of 8.0% from 2019 to 2025.”
VSBLTY Co-founder & CEO Jay Hutton added, “It is widely known how carefully Seneca vets its vendors so we consider it a high honor to be selected for its global content management and audience measurement products.” Hutton explained that VSBLTY technology provides enhanced customer engagement and audience measurement using machine learning and computer vision. Its VisionCaptor™ and DataCaptor™ software combines motion graphics and interactive brand messaging with first of its kind Facialanalytics™.
“VSBLTY’s advanced digital display, which drives interactivity into the customer experience, and Vector™, our software module that detects persons or objects of interest, along with our computer-based vision analytics technology will further strengthen Seneca’s global marketplace position, providing crucial software services to clients worldwide,” Hutton added.