- Internet of things (IoT) firm Visionstate (TSXV:VIS) has made advancements in its global expansion within the facility management industry
- In collaboration with one of the largest universities in Canada, Visionstate IoT has embarked on a major deployment project
- In London, U.K., Visionstate is conducting a trial of its IoT technology at the head office of a prominent global ride-sharing company
- Visionstate Corp. last traded at $0.020 per share
Internet of Things (IoT) firm Visionstate (TSXV:VIS) has made advancements in its global expansion within the facility management industry.
Focusing on enhancing facility management practices, the company’s main operating division, Visionstate IoT Inc. has made strides to improve operational efficiency and cleanliness in various sectors.
Major deployment in Canada
In collaboration with one of the largest universities in Canada, Visionstate IoT has embarked on a major deployment project.
To date, the company has completed installations in five buildings, with 12 more buildings slated for deployment.
International UK and Australia trials
In London, U.K., Visionstate is conducting a trial of its IoT technology at the head office of a prominent global ride-sharing company.
This initiative aims to demonstrate the capabilities of Visionstate’s solutions in optimizing workspace cleanliness and maintenance protocols within corporate environments.
Visionstate has completed an installation in Australia, marking its initial foray into that market.
Expanding U.S. presence
In the United States, Visionstate IoT is expanding its presence and forging new partnerships.
The company is currently working with partners to deploy its flagship product, WANDA, in a prominent restaurant chain. Visionstate will also be a prominent presence at key industry tradeshows across the U.S. over the next 12 months, aiming to solidify its position as a frontrunner in facility management technology within the U.S. market.
Global partnership and strategic initiatives
Visionstate is working towards concluding a comprehensive contract with its global partner, which will encompass Canada and specific territories internationally.
This partnership is expected to elevate Visionstate’s reach and influence in the global facility management arena.
Enhanced marketing and online presence
Over the next quarter, Visionstate plans to intensify its efforts to expand WANDA’s social media presence, engaging with a wider audience and sharing valuable insights on facility management best practices.
Along with a new marketing campaign for WANDA, the company is also set to unveil a new website that will better represent its products and capabilities, making it easier for potential customers to explore the benefits of its technology.
“We are excited about the rapid expansion of our IoT technology solutions worldwide,” Visionstate IoT Inc. President Shannon Moore said in a news release. “Our commitment to enhancing facility management practices continues to drive us forward, and we look forward to delivering our innovative solutions to more organizations, helping them achieve excellence in cleanliness and efficiency.”
Visionstate Corp. invests in the research and development of the Internet of Things, big data and analytics, and sustainability. Visionstate’s flagship facility management tool, WANDA is designed to meticulously track cleaning and maintenance protocols. Its smart technology now extends to a diverse range of public facilities across and beyond North America.
Visionstate Corp. last traded at $0.020 per share.
Join the discussion: Find out what everybody’s saying about this stock on the Visionstate Corp.Bullboard and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.