Effective Use of AI in the Supply Chain Industry As companies continually look for ways to streamline their supply chain through the use and investment in AI technology, there's a rapidly growing market for companies interested in the space. $VERS.NE is a company that has the potential to become a leader in both the AI and supply chain industries due to their unique AI Operating System and their first application Wayfinder. The CEO (Gabriel) did an interview yesterday going over the recent deployment of the Wayfinder system, so I’ll summarize some of the key points from the interview below.
- Their AI allows for workers to optimize their routes and navigation through a 3D map to each product allowing for 35%-50% productivity increases.
- NRI already has 1,000+, 90% of workers who tested it opted into using the AI system over the previous system due to the reduced cognitive load and more efficient work.
- Already in 5, 6-figure pilot programs (expected to convert to 7-8 figure deals in the next few quarters).
- The OS allows for even more applications to be developed in the future using AI tech, so they're not just limited to 1 or 2 product offerings. Plus, they're planning on opening the platform for open source creation by third parties in the future, which will only increase the number of use cases.
Check out the full video here: https://m.youtube.com/watch?v=l7ZPcLLkpvk&feature=youtu.be
With the continued performance and development by $VERS.NE, without a doubt, their stock performance has been well-deserved. Considering that they have Fortune 500 companies interested in their software, the $45M valuation could continue to grow as more companies utilize $VERS.NE’s software applications.