During times of uncertainty and volatility in the market, some of the best opportunities present themselves as valuations dwindle for companies that are innovating the future. $VERS.NE is one of those companies that is developing the future of AI applications through their proprietary AI operating system (COSM). With AI utilization in work being named the next industrial revolution, it's not hard to believe that there's significant market potential for $VERS.NE, as AI can make complex decisions with thousands/millions of inputs in a split second. The advantage of having a general OS for AI applications is that they can continue developing more applications without starting from scratch each time, allowing them to have scalability as they can continuously and rapidly develop new applications.
$VERS.NE’s first application, Wayfinder, proves that the company’s innovation is being well-received by clients. The current pilot programs that they're undertaking have returned results such as a 90%+ adoption rate by employees and a 30%+ increase in picking efficiency. And in an industry such as shipping and logistics, that 30% increase is a significant improvement when considering how optimized their processes already are, meaning that the benefits/return from the Wayfinder app greatly outweighs the cost providing an attractive ROI.
Furthermore, $VERS.NE has an attractive fundamental position. The recent $15M raise and current $28M valuation place them in a very comfortable cash position considering the current ratio. And with more development on the COSM OS, such as the crowd-monitoring drones, I'm sure the future cash flows/revenue numbers should begin to be realized very soon.
They posted a quick demo of the drones in action, so check it out if you're interested: https://youtu.be/gEKg7VD2Rm8