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Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform allows for transfer of data to a range of retail channels. The Company allows customers to select any number of retail channels from its site to start using Venzee's Mesh Connector platform. It integrates with any content management provider. Venzee offers syndication capabilities that provide enhanced data governance, master data management abilities, and content organization. Venzee's subsidiaries include Venzee Inc. and Venzee Technologies Canada Inc.


TSXV:VENZ - Post by User

Post by Norm721on Nov 17, 2020 3:35pm
786 Views
Post# 31916265

remember from 2019 sept

remember from 2019 septVenzee’s vision: 24-mo growth plan • Venzee has reorganized against an aggressive, performance-based plan that focuses on 3 fundamentals that are key to our success. Intelligent technology - Committed to continual improvement to our technology platform and by embracing artificial intelligence (AI) and machine learning (ML), we will continue to deliver solutions to disrupt how retail exchanges information, beginning with the automation of product content distribution from brands to retailers. Partner-generated revenue - With access to 89,300 suppliers through existing partnerships and with 2 of 5 partners fully integrated with Venzee’s API, we will continue to increase on-model revenue by providing robust, automated content syndication solutions for enterprise-level brands and their many global retail destinations. Retail channel growth - By expanding retail channel connections through our Venzee Mesh API, Venzee will continue to increase the number of channel destinations. Targeting Deloitte’s Top 250 Global Retailers, Venzee will quickly and efficiently surpass our competitors in the PIDS space. By the end of 2019, our goal is to be connected to 250 channel destinations and to expand beyond that. • We will add key talent to our team and board. • By the end of our 24-month plan, we fully expect to be in a position to entertain acquisition offers that value our platform, clients, and retail integrations at levels no less than US $100M. Reorganized, refocused, and lean with an intricate understanding of the challenges large, global, high-volume
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