RaptorVision and Konverge.AI have announced that they have entered into a global strategic partnership, leveraging both organizations’ technology experience in building and delivering AI solutions.

The companies state that the partnership is focused on building specific solutions based on client-centric AI use cases to deliver performance-based high ROI results to the enterprise.

Integration

Based on the integration of the RaptorVision Product Engagement, Concealment and Integration Platform with the Databricks Data Warehouse & Data Lake architecture and enterprise capabilities, the partnership plans to collaborate on client implementation projects that address strategic opportunities.

The companies note that this will allow clients to accelerate their initiatives into the world of Gen AI and deep learning with proven technology and implementation experience.

AI and BI

AI and Business Intelligence (BI) are becoming paramount within the competitive retail landscape.

Key objectives to a successful retail operations include:

• Increased profits
• Cost reductions
• Operational efficiencies
• The ability to make the right strategic business decisions

The companies emphasize that operators need to invest in both AI & BI to remain ahead of the pack.

The RaptorVision Platform provides data intelligence, capture and delivery with an integrated suite of video analytics, Gen AI and deep-learning solutions that detect product engagement events, converting existing video streams to enterprise data intelligence in real-time.

Databricks

Both RaptorVision and Konverge.AI selected Databricks due to its ability to make enterprise data more accessible to everyone, revolutionizing decision-making and data interactions within retail operators.

It combines generative AI to get greater insights and deliver strategic decision-making, to strengthen its data analytics.