Adroit Worldwide announces global AI partnership with Macondo Vision
By Akshay Kedari  Date: 2019-11-26

Adroit Worldwide announces global AI partnership with Macondo Vision
  • The partnership will help optimize the workforce across hospitality and warehousing
     
  • Macondo Vision intends to assist the firms in driving the productivity of the employees

Adroit Worldwide Media (AWM), Inc., a vision technology firm, recently announced that it is partnering with Macondo Vision. The latter will use the expertise in computer vision, machine learning and artificial intelligence provided by AMW to help power their solutions within the distribution center/restaurant spaces/warehouse and bars.

Macondo Vision’s Co-Founder, Frank Layo stated that the business landscapes currently face withering productivity despite massive investment in automation. The labor cost in terms of sale percentage has increased owing to high turnover, tight labor market and surging hourly rates. He further added that the rising demand for same-day delivery has been aggravating the problems in all industries.

Reportedly, Macondo Vision has goals to assist the firms in driving the productivity of employees by having leveraged machine learning algorithms and computer vision of AWM to discreetly track all the activity as well as provide insights that have never been made available earlier. This will help optimize the workforce.

The services provided by Macondo Vision also include comprehensive solutions that report, measure and reward the associates as well as supervisors in both warehousing and hospitality. This helps in the direct recruitment, retainment and encouragement of great labor.

Kevin Howard, Chief Executive Officer, AWM commented that the company has had a long history with Macondo Vision and it is convinced that their applications will disrupt such markets immediately. Howard further said that the transparency level of Macondo Vision articulates its market leadership. AWM will look forward to working with the Macondo.

AWM has solutions that offer a platform that incorporates digital, computer vision and other advanced technologies in the retail ecosystem. AWM has also developed scalable Content Management Software, optimization of large-format video player controllers and programming and Facial Recognition Software. The company was recently named as the 2019 Outstanding Small Technology Company by OCTANE.

 

Credit Sources- https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/awm-smart-shelf-and-macondo-vision-announce-integration-partnership-providing-workforce-optimization-within-hospitality-and-warehousing-space

About Author

Akshay Kedari    

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Fibonacci Brands acquires Darwin from Harvest Health & Recreation
Fibonacci Brands acquires Darwin from Harvest Health & Recreation
By Akshay Kedari

Fibonacci Brands has recently announced the acquisition of Darwin from Harvest Health & Recreation (HARV.CN) as its foundation brand. Fibonacci is a leading player in the international cannabis industry. According to James George, founder of Fib...

GVN adds EVIT Center and Chumakov as its new Centers of Excellence
GVN adds EVIT Center and Chumakov as its new Centers of Excellence
By Akshay Kedari

The Global Virus Network (GVN), an international coalition of medical virologists, has recently announced the addition of Australian and Russian researchers. GVN is adding the Center for EVIT (Emerging Viruses, Inflammation & Therapeutics) of th...

Wind Point Partners takes over RTIC to expand business portfolio
Wind Point Partners takes over RTIC to expand business portfolio
By Akshay Kedari

American private equity firm, Wind Point Partners has recently signed an acquisition deal with the one of the biggest direct-to-consumer (D2C) eCommerce providers of drinkware, RTIC. Reportedly, RTIC is Wind Point’s third acquisition of a famil...

Novartis reveals positive data from Phase III ORION trials of inclisiran
Novartis reveals positive data from Phase III ORION trials of inclisiran
By Akshay Kedari

Swiss multinational pharmaceutical firm, Novartis has recently announced results from its Phase III ORION-10 and -11 studies that focus on assessing the individual responses of patients on lowering low-density lipoprotein cholesterol (LDL-C) with inc...

Medtronic to acquire Companion Medical to expand diabetes business
Medtronic to acquire Companion Medical to expand diabetes business
By Akshay Kedari

Medtronic plc, the global leader in medical technologies, has reportedly announced that it is planning to acquire insulin pen manufacturer Companion Medical. The acquisition gives Medtronic access to Companion Medical’s ‘InPen’, wh...