ORIGINAL: The AI Eye – CEO of VSBLTY Groupe Technologies Corp. Talks About Significance of Energetika Agreement

Point Roberts, Washington and Delta, British Columbia–(Newsfile Corp. – September 5, 2019) – Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, reporting on breaking news for VSBLTY Groupe Technologies Corp. (CSE:VSBY)(Frankfurt: 5VS)(OTC:VSBGF), a leading retail software and technology company using artificial intelligence.

VSBLTY Groupe Technologies Corp. (CSE:VSBY)(Frankfurt: 5VS)(OTC:VSBGF) is uniquely positioned to facilitate the growth of smart city technology in the Latin American market, according to company co-founder and CEO Jay Hutton.

This will be made possible through the company’s just-announced three-year agreement with intelligent lighting solutions provider Energetika. VSBLTY is to provide real-time crowd analytics and audience measurement for Latin American communities. Hutton explained how VSBLTY’s technology is ideal for the growth of smart cities in the region.

“If you think of smart cities as a three-legged stool: the one leg is information, the second is analytics and the third is facial recognition for the purposes of law enforcement,” said Hutton. “With VSBLTY [having] software solutions to satisfy each of those legs of the stool, we’re in a great position to take advantage of this coming revolution.”

This is achieved through VSBLTY’s proprietary software platform, DataCaptor™, which provides instant information, capturing consumer traffic using advanced optics and sensors to provide objective, real-time, qualitative measurements and analysis of retail venues and other public spaces. And the company’s Vector™ software provides security by detecting persons and objects of interest through facial recognition and weapons detection technology.

Specifically, the agreement will see Energetika’s Efficient Lighting and Smart Energy solutions for residential, commercial and governmental applications incorporate VSBLTY’s security technology that includes crowd analytics and facial recognition. In the press release, Hutton expanded on the application of VSBLTY’s technology and the potential growth afforded by the agreement.

“We will be providing advanced analytics as well as public safety applications including tracking of persons of interest, weapon detection, vehicle and crowd analytics using the power of machine learning and computer vision. This contract is expected to generate more than $10 million USD in SaaS revenue to VSBLTY in the initial three years.”

Hutton said the agreement will not only expose the market to VSBLTY’s technology but will also make solutions more affordable, allowing the company to scale.

“The most important thing, and the thing we’re most proud of with our […] arrangement with Energetika, is that we’ve really broken the back of high-end surveillance systems from an economic point of view,” Hutton said. “By that, I mean that a lot of these solutions, though very capable, were unreachable for municipal governments, residents, and neighborhoods. And because of the combination of facilities and infrastructure with lighting, we’ve really made this considerably more attractive and affordable. And because of that, we’re able to scale this utility in a very aggressive way, and that’s going to give us a unique growth opportunity.”

Expanding on this, Hutton explained how previously, many cities throughout the world have been prohibited from adopting smart city technology by the sheer cost.

“If you look at the category of smart city and surveillance, it has been historically dominated by the largest cities in the world that leverage very high-end camera infrastructure and technology,”

Hutton said.

“The largest cities in Latin America, as an example, could not afford the kind of technology that would be deployed in the largest cities in the world,” Hutton said. “We’ve reached the point, and I think VSBLTY Groupe Technologies Corp. (CSE:VSBY)(Frankfurt: 5VS)(OTC:VSBGF) is absolutely a leader in this category, where we’ve driven the price down to the point where not only is it accessible to cities that don’t have that kind of pocketbook, but has the kind of capacity and capabilities that are really broadening the utility and use cases.”

“It’s an important milestone in the growth of the company.”

Hear the Ai Eye on Spotify

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:


Get free news alerts including the AI Eye

About Investorideas.com – News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts, and videos talking about cannabis, crypto, technology including AI and IoT , mining, sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews, and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.

Please See Disclaimer


1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on my research and understanding of the sector.

2) The Article was issued on behalf of a third party, VSBLTY Groupe Technologies Corp. Market Jar Media Inc. has or expects to receive one hundred and thirty-five thousand three hundred U.S. dollars from VSBLTY Groupe Technologies Corp.’s agency of record Native Ads Inc. for 16 campaign days (11 business days).

3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on StockStreetNews.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on StockStreetNews.com.

5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.