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Verses AI Inc N.VERS

Alternate Symbol(s):  VRSSF | N.VERS.WT.A | N.VERS.WT.B

VERSES AI Inc. is a Canada-based cognitive computing company specializing in Artificial Intelligence (AI). The Company's offering, GIA, is an Intelligent Assistant powered by KOSM, a network operating system enabling distributed intelligence. KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. KOSM integrates AI with Internet of Things (IoT), robotics, and augmented reality (AR) in the physical world, blockchain and edge computer, and AR/VR. It produces results in the physical world. KOSM works with legacy systems of all types, without the need for custom programming or an API. One of the Company's technologies is WAYFINDER, which is an AI-assisted order picking that converts text-based instructions to spatial holographic instructions.


NEO:VERS - Post by User

Post by StockHawk1on Jul 25, 2022 7:00pm
69 Views
Post# 34849621

The success for $VERS.n's Wayfinder tech

The success for $VERS.n's Wayfinder tech

VERSES Technologies' (VERS.n) spatial order picking software,  Wayfinder, has been deployed to all eighteen of NRI Distribution Inc.'s North American distribution centers

https://www.verses.io/press-2/verses-expands-deployment-of-smart-logistics-solution-across-nris-global-operations


NRI was VERS' first Wayfinder client. By improving picking, AI reorganizing the slotting of products, and more VERS' tech has nearly doubled the efficiency of NRI’s warehouses.


Employee satisfaction at NRI warehouses has also gone up and turnover has gone down.


All of this has resulted in $8M of annual savings for NRI. With this, VERS is now receiving ~$2.5M/year for their work for a decade. 


VERS.n @ $0.28, MC $18.204M

 
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