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Venzee is able to syndicate all product content to customers automatically conforming to the requirements of all your retailers. This allows companies to automate the transformation of content automatically while ensuring data is complete and accurate.<br>Looking For More Latest Stock Market & Financial News? Visit Smart Money Gains.
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This Niche Technology Stock is Poised for Gains The technology sector offers investors significant gains when capital is invested in fast-growth companies that are leading the pack. This little known Canadian company has created an innovative solution to one of online retailers biggest challenges. The company currently offers minimal downside risk based on current price levels yet has the potential to double or triple their market capitalization if they are able to execute on their 2019 strategy. Operational Problems in Retail The National Retail Federation estimates that a total of $400B in merchandise was returned to retailers in last year. All returned products must be inspected, handled and prepared for resale and this is a rather expensive process. The rate of returns for the industry is truly unsustainable and has become a huge problem that all companies are scrambling to solve. For More Stock Market Research, Visit Smart Money Gains. Much of the returns are based on the wrong product being sent due to incorrect information. Even if companies are able to handle this process systems and datasets are not always the same increasing the complexity and the propensity for error. To put the challenge in perspective Amazon sells 353 million unique products, so it’s not hard to imagine that many mistakes are likely to occur. Milind Wagle, the chief information officer of data-center and colocation firm Equinix Inc. and a thought leader in the industry states: “There is a lot
of energy that enterprises spend on cleaning data, and massaging data, and data preparations.” Venzee Technologies Inc. CDNX: VENZ OTC: SNSFF Frankfurt: S8W3 Market Cap: $9.4M Quarterly Revenue growth: 34.6% Venzee is an intelligent content distribution technology that eliminates Inefficiencies in the digital supply chain by delivering consumer-ready product information to retailers via a peer-to-peer network. The company allows retailers and manufacturers to automate content exchange workflows to help companies increase margins and accelerate revenue.
Technology Breakdown Venzee uses API technology to bridge software applications together and enable seamless connection. This technology is comparable to electrical outlets, but except of electricity API’s transmit data. Venzee’s architecture allows application components to be deployed, tweaked and deployed independently to allow flexibility for their customers. The application is able to optimize internal and external processes and to provide product information and status in near real time. The company utilizes a serverless architecture that allows their users increased scalability and speed in processes such as content distribution to retail channels, making the delivery of content to retailers more efficient. Benefits for Retailers Venzee allows retailers to expand their product catalog without increasing their manual data management work. The automation capabilities pre-validates data reducing manual work and provide faster speed to market. Benefits for Manufacturers Venzee is able to syndicate all product content to customers automatically conforming to the requirements of all your retailers. This allows companies to automate the transformation of content automatically while ensuring data is complete and accurate. Looking For More Latest Stock Market & Financial News? Visit Smart Money Gains. Existing Partner Ecosystem The company has announced some big-name channel partners including Riversand, LANSA, and Mobius who provide Content Management Services to some of the worlds largest brands, manufacturers and retailers.
Software Development Team The company is led by Markus Westerholz who has been involved in the software industry since 1997. He has extensive experience in serverless technologies utilizing API gateways and cloud technologies. Recent Financing The company announced the completion of a private placement at $0.075 this April. The $2.1 million in funding will help them improve the product and invest in sales and marketing. To date, the company has successfully raised $13.6 million. Bottom Line Venzee has clearly recognized the market’s increasing need for agility in content distribution and is working to solve retails big challenges. The company numerous partnership agreements give them access to more than 100,000 brands and manufacturers that can purchase their solutions. This big problem coupled with a large addressable market gives the company an opportunity to generate significant revenues over the coming years. Currently, investors are able to buy shares close to the last private placement price meaning a lot of runway for some gains.