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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

Comment by Midtown007on Aug 06, 2021 10:26am
138 Views
Post# 33663081

RE:DID JOHN TALK :

RE:DID JOHN TALK :He did mention it but did not give a time line, he said they are well funded for now but did add they are adding sales people because of the vast pipe line they have, around 5000 oppurtunitys.  IMHO the point he made was in order to act on these oppurtunitys in a prudent way they need more resources which does place more cost on the front end .  I think it's the right way to go, that is start to capitalize on these sales leads as soon as they come in.   Another thing he mentioned was so far they have zero churn rate, which means they have not lost one single customer since they started which means they must be very happy and satisfied with the service Venzee is providing.

I'm not sure if the conferance call was recorded or not but if it was I suggest for the people who may have not been able to attend to go and listen to it.  It provides a lot of insight as to how far along their tech is compared to how most other companies in the same space are doing it which is the same way since back in the early 70's.   Venzee reduces the cost dramaticly .   
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