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OMNIQ lands major IoT upgrade order from US retailer

EditorEmilio Ghigini
Published 03/20/2024, 09:22 AM
© Reuters.

On Wednesday, OMNIQ Corp. (NASDAQ:OMQS), a provider of AI-based solutions, announced a significant purchase order from a prominent US-based sporting goods retail chain. The order involves upgrading Internet of Things (IoT) devices across 450 stores, which includes a three-year service agreement managed by OMNIQ.

The upgrade will integrate Office 365 and a chat application to facilitate real-time communication within the stores, aiming to improve operational efficiency and customer experience. This development is part of an ongoing partnership between OMNIQ and the retailer, demonstrating a mutual commitment to leveraging technology for retail advancements.

Shai Lustgarten, CEO of OMNIQ, expressed enthusiasm about the collaboration, stating:

"We are thrilled to partner with this esteemed sporting goods retailer to upgrade their IoT infrastructure. This project is a testament to our ability to provide cutting-edge technological solutions that meet the dynamic needs of the retail industry. We look forward to seeing the positive impact on the chain's operational efficiency and customer engagement."

OMNIQ's involvement in this project underscores its role in promoting digital transformation within the retail sector. The company's dedication to equipping retailers with modern technological tools is expected to support the adaptation to an increasingly digital marketplace. This initiative represents a strategic move for both OMNIQ and the sporting goods retailer to stay ahead in a competitive industry.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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