As supply chains around the world continue to be set behind by delays and inefficiencies, companies have been investing billions into optimizing their processes to gain a competitive edge over competitors. But how are these companies investing in the supply chain? They’re doing it in a few ways, such as vertical integration and enhancing their in-house tech. This is exactly what $VERS.NE is targeting with their first application, Wayfinder, on the COSM OS.
Essentially, Wayfinder is an application that allows warehouse pickers to utilize AI machine learning to direct them with a 3D spatial model. Instead of having to find the row, shelf, then product, this allows for a far more efficient process and has displayed 30% productivity boosts with a 90%+ adoption rate in the warehouses it has already been implemented in. And $VERS.NE plans on continuing to add and optimize the software for extended uses in the near future.
Wayfinder is an example of just one of the many potential applications that can be built on the COSM OS and are already undergoing a number of pilot programs which are expected to transform into 7-8-figure contracts. Just imagine the potential when they begin to build new apps utilizing their artificial intelligence.
Overall, with just around $15M cash raised in the past month and only a $44M valuation, there is definitely a lot of upside left here.