Venzee Technologies Inc., the leading Artificial Intelligence Platform for Product Data, announced a new partnership with a major US-based specialty retailer serving the furniture and homeware market.
According to John Abrams, CEO of Venzee, “This partnership grew out of a highly successful implementation of Venzee’s Mesh Connector™ technology that significantly improved product data delivery for a global furniture brand. We know our platform outperforms other solutions in the market when a retailer takes note and wants to adopt and deploy Venzee’s technology across their entire supplier base.”
The partnership will help Venzee further scale its brand and retail client base, immediately expanding the Company’s services to more than 200 of the retailer’s key brand suppliers.
This development represents the “Venzee Network Effect,” which describes how the Company leverages partnerships with brands, who engage retailers, who then engage other brands to create a virtuous cycle that continuously expands Venzee’s client base.
“Venzee’s clients recognize the power of our platform,” said Mr. Abrams. “This brand saw results that increased the efficiency of their business and realized they can further accelerate sales by introducing Venzee to their many retailers that still use outdated methods to collect product data.”
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Mr. Abrams continued, “The opportunity for Venzee to further engage these 200 brands to expand their distribution to additional retailers is in the thousands. When these brands recognize the cost-effective benefits associated with automating their global distribution through Venzee, they will likely seek further optimization for their existing distribution channels by integrating with our technology. These are the types of partnerships that can rapidly scale Venzee’s client base and active connections and we are very pleased to secure this partnership for the benefit of all companies involved.”
Radically simpler than alternatives, Venzee’s Mesh Connectors™ are unique in the market, system agnostic and infinitely scalable. Venzee’s intelligent platform offers partners and brands a reliable, machine-to-machine interface that accelerates the distribution of product information to any retail or e-commerce destination.
With more than 400 major retail Mesh Connectors™ available to clients, Venzee has become an important tool in the simplification and automation of syndication processes for brands globally.
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