BeMyEye acquires computer vision company Metaliquid
LONDON, May 19, 2022 /PRNewswire/ — London-based BeMyEye, Europe leading provider of retail fulfillment management solutions for CPGs like J&J, Peroni, Microsoft and GSK, announced the acquisition of Metaliquid, a computer vision company specializing in audio and video analytics based on deep learning technology.
With the integration of Metaliquid’s state-of-the-art computer vision technology, BeMyEye customers will now get real-time, large-scale corrective action on complex retail scenes. Metaliquid’s AI technology dramatically improves performance and ROI for field teams at a time when CPGs are under significant pressure to improve efficiency across the board.
Metaliquid has developed an innovative deep learning solution specifically designed to extract descriptive and coded metadata from audio, image and video content in real time. Leveraging proprietary deep learning frameworks and neural network architectures, Metaliquid’s solution is proven to deliver production-grade AI applications with exceptional levels of accuracy to a wide range of industries. , including media and broadcast, retail and security.
Luca PaganoCEO of BeMyEye, said, “Most of our customers are already experiencing improvements of up to 20% in key store execution metrics, such as assortment compliance and shelf share, which results in double-digit revenue growth. Harnessing Metaliquid’s real-time computer vision capabilities will take our customers’ in-store execution to the next level, dramatically increasing their market share.”
“We have worked with Metaliquid for over 18 months and have been impressed with how their technology and capabilities have improved in-store success,” added Pagano.
Mauro Pretolani, Principal Investor at BeMyEye and Senior Partner at Fii Tech Growth, said: “This acquisition brings excellent new intellectual property and a strong competitive advantage to BeMyEye, but also exciting opportunities for market expansion.
Simone Bronzinformer CEO of Metaliquid and now CTO of BeMyEye, said, “We are very excited to join a company with such an amazing product and customer portfolio as BeMyEye. Additionally, the BeMyEye crowd can be a game-changer in the world of computer vision as it enables the labeling and annotation of hyperscale datasets, reducing the time and cost of deployment on any AI-based solution.”