RaptorVision, Konverge AI Alliance Maximizes Companies’ AI Technologies

The partnership will utilize RaptorVision's Product Engagement, Concealment and Integration Platform.
Published: January 24, 2025

IRVINE, Calif.—RaptorVision and Konverge.AI have announced a global strategic partnership, leveraging both organizations’ technology experience in developing AI technologies and solutions to enterprise clients.

This partnership is geared around building specific solutions based on client-centric AI use cases to deliver performance-based high ROI results to the enterprise.

Based on the integration of the RaptorVision Product Engagement, Concealment and Integration Platform with the Databricks Data Warehouse & Data Lake architecture and enterprise capabilities, RaptorVision and Konverge.AI plan to collaborate on client implementation projects that address strategic opportunities for clients to accelerate their initiatives into the world of Gen AI and deep learning with proven AI technologies and implementation experience.

“The RaptorVision Konverge.AI partnership brings together experienced data scientists with a solution-driven set of ideas and ability to implement now often found elsewhere,” comments Chris Olson, vice president of business development, RaptorVision. “Both RaptorVision and Konverge.AI bring tremendous value to the Retail Market. By enhancing the retailer’s ability to effectively aggregate product engagement data that, until now wasn’t available. Retail Operators  are given line of sight to which products customers are actually interacting with, not just buying. We see this as a game changer for both Retail BI as well as the Customer Experience both of which result in an outcome of increased profits.”

SSI Newsletter

RaptorVison AI Technologies to Help Drive Retail Innovation and Profitability

Both companies point out that with AI technologies and Business Intelligence (BI) becoming paramount in the competitive retail landscape, increased profits, cost reductions, operational efficiencies and the ability to make the right strategic business decisions remain key objectives to a successful retail operation. RaptorVision and Konverge.AI note that operators realize that they need to invest in both AI technologies and BI to remain ahead of other solutions. The RaptorVision Platform provides data intelligence, capture and delivery with a state-of-the art integrated suite of video analytics, Gen AI and Deep-Learning solutions that detect product engagement events, converting their existing video streams to enterprise data intelligence in real-time. The companies assert give users a 360-degree view of operational BI.

Both RaptorVision and Konverge.AI selected Databricks for the ability to make enterprise data more accessible to help facilitate decision-making and data interactions within retail operators. Databricks takes data analytics to higher levels the companies suggest, by combining generative AI technologies to get greater insights and to enable strategic decision-making.

“This strategic collaboration marks a transformative moment in retail intelligence, bringing together product engagement analytics and deep data science expertise,” adds Prateek Chandrayan, CEO & Co-founder of Konverge.AI. “Our partnership will enable retailers to leverage a best-in-class data intelligence platform to get unprecedented insights into customer interactions, moving beyond traditional sales metrics to understand how customers truly engage with products in retail.”

More news from Security Sales: National Security Technician Day: FAST Kicks Off 2025 Celebration of Unsung Heroes

 

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series