In recent years, with the intensification of global competition and the rapid rise in the international competitiveness of domestic technology companies, "internationalization and digitalization" to capture global markets has become a consensus for technology companies in the post-pandemic era, especially for the South-eastern Asian market. In this new situation, as a leading domestic provider of artificial intelligence-empowered computer vision technology wholesome solution, Vionvision is officially accelerating its "going global" process, fully utilizing the AI technology to rejuvenate the global retail businesses, real estate developers, property service operators, public park owners, transportation industry chain and commercial construction companies in their digital transformation.
On November 28, 2023, Vionvision, as the only technical solution provider in Asia among over 900 companies from around the world participating in the event, was officially invited to participate in the 2023 Cannes International Retail and Business Real Estate Exhibition, normally known as the MAPIC Expo, marking that for the first time an Asian retail technology company exhibited at MAPIC after the pandemic. It was also Vionvision’s debut representing Chinese enterprises at the MAPIC Exhibition.
During the exhibition, Dr. Tao Hai, the Chairman and CEO of Vionvision PTE Ltd., delivered a keynote speech titled "Digital Transformation of the Retail Industry, Accelerating Empowerment of Global Real Economy through Store-Level Footfall Solutions." The speech received strong attention and widespread recognition from international front-line real estate developers, property service operators, investment conglomerates, and various leading retail brands from Europe, the Middle East, and the Americas.
The Cannes International Retail and Business Real Estate Exhibition is the largest and most influential professional commercial real estate exhibition in Europe. Since its first edition in 1995, it has been acclaimed as the carnival of international commercial real estate by the industry. Every November, Cannes attracts thousands of international and well-known commercial real estate operators, retailers, investors, developers, and industry-leading experts to gather for in-depth exchanges and discussions on global retail market trends and shopping center development. Vionvision's invitation to exhibit reconnects the digital development ecology of AI companies with global commercial real estate, sets a bench-marking example for domestic peers to innovate globally, and helps itself gain more market growth opportunities, exploring the development path of global smart retail and realizing new business value.
Notably, Dr. Tao Hai, the Chairman and CEO of Vionvision PTE Ltd., received widespread attention and discussion from dozens of front-line real estate developers, operators, and leading retail groups from the Middle East, Europe, North America, and other regions for his keynote speech at the Innovation Forum during the exhibition. They collectively discussed the significance of digital retail in the new era and reached a consensus on the need for international retail brands to accelerate digital transformation, promoting the integration of traditional commerce with the digital world through emerging technologies such as AI.
At MAPIC, Vionvision has garnered immediate recognition from dozens of overseas clients, presenting an excellent and intelligent corporate brand image to over a thousand global retail enterprises and partners with an international brand positioning. This exhibition marked a solid step for Chinese enterprises in global business expansion. In the future, Vionvision will uphold its core advantage of intelligent retail with capabilities and collaborative empowerment, driving the digital transformation of global commercial real estate, constructing a multi-level ecosystem, and promoting the common development and growth of industries and enterprises at home and abroad.
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