Remark Holdings, Inc. announces Sales and Development partnership with WaitTime, a core partner of Cisco and Intel, targeting crowd-behavior analytics
WaitTime's AI software provides real-time data and historical analytics on crowd behavior, giving operations personnel live information on crowd movement and density while providing guests the information they need to navigate a venue and the information on important data such as queue times at concession stands and bathroom wait times, as well as entry and exit times to provide for the best guest experience possible with end users accessing this information directly from the venue's general customer APP.
"We are excited to combine forces with WaitTime to augment their award-winning crowd intelligence analytics with Remark's Smart Safety Platform," commented
Remark's advanced AI-powered Smart Safety Platform expands upon the metadata gathered by WaitTime to include additional valuable analytics such as gender and age identification, object detection, and consumer bag counts, allowing the venue operator to better analyze behavioral patterns and matching it with customer purchasing data thereby creating a more detailed customer profile to market to. In addition, Remark's Smart Safety Platform includes important security features such as loitering, intrusion, and banned customer detection while providing real-time alerts for possible security threats, allowing the analysis of both live and archived video footage at scale and speed. Meaningful intelligence from extracted video data can be searchable, actionable, and quantifiable, resulting in an immediate return on investment for clients wanting to increase their operational efficiency and safety.
WaitTime, the industry leader in crowd intelligence, provides real-time data and historical analytics on crowd behavior. The company's patented artificial intelligence gives operations personnel real-time information on crowd movement and density while providing guests the information they need to navigate efficiently, thereby improving the customer experience.
This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulations. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar expressions, as well as statements in the future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors, including those discussed in Part I, Item 1A. Risk Factors in
Vice President of Investor Relations
View original content to download multimedia:https://www.prnewswire.com/news-releases/remark-holdings-inc-announces-sales-and-development-partnership-with-waittime-a-core-partner-of-cisco-and-intel-targeting-crowd-behavior-analytics-301826977.html