202121 Sep

Deepspatial Inc. Files Patent for Artificial Intelligence Driven Retail Management Software

Summary

TORONTO--(BUSINESS WIRE)--Deepspatial Inc. (CSE:DSAI) (“Deepspatial” or the “Company”) is pleased to announce that it has filed patent application number 63244524 - Computer Implemented Method and System for Retail Management and Optimization with the United States Patent and Trademark Office (USPTO) for its proprietary methods of retail management with enhanced user experience for dynamic planning and decision making. The patented technology is a complete solution that addresses all the pain points encountered in the retail sector and using Deepspatial’s proprietary Artificial Intelligence (AI) driven algorithms in conjunction with the company’s proprietary data sets as well as customer’s data, insights are provided which are client-specific to make critical business decisions. Layering together proprietary, public and client data sets, along with social media sentiment analysis to capture consumer and customer perspectives, Deepspatial’s Artificial Intelligence and Machine Learning engine determines what it the current state and predicts the future state for users to make critical, bottom-line, business decisions. Dr. Rahul Kushwah, CEO says, “By bringing together the data, our AI and ML engine can provide insights and predictions that are visualized on a map for easy understanding of the operational and competitive landscape. These are (1) geodemographic customer profiling, (2) price recommendation engine, (3) inventory management and supply chain analytics (market entry and expansion), and (4) sentiment monitoring to measure and improve brand health.

Source: Businesswire

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