Verses To Expand Industrial Applications Of AI With SVT Robotics Partnership

Verses Technologies (NEO: VERS) continues to add bench strength via partnerships. The firm this morning revealed that it has partnered with SVT Robotics, in an effort to accelerate the deployment of artificial intelligence powered robots.

The arrangement will see Verses’ experience in artificial intelligence brought together with SVT’s SoftBot platform. The SoftBot platform is said to have a partner ecosystem that focuses on streamlining the integration and deployment of robotics, IoT, and industrial applications. The partnership is centered on introducing AI robotics into warehouses and distribution centres.

“Companies within the supply chain tend to work in technologically complex environments and keeping up with the latest advancements can be challenging. The ability for SVT’s SOFTBOT Platform to integrate multiple systems, such as WMS, ERP, robotics, and IoT, enhanced with KOSM’s ability to generate a coherent model of the movement and flow of an operation in order to better understand and optimize them will be a powerful combination,” said Gabriel Rene, CEO of Verses.

Sponsored · Emerita Resources Corp.

READ: Verses Technologies Appoints Dr Karl Friston As Chief Scientist To Push Artificial Intelligence R&D

The addition of SoftBot to Verses’ KOSM operating system will see a connection put in place so that the system will be available on SVT Robotics’ AppDirectory. That connection will enable integration with any of the other automation and robotics tech on the SoftBot platform, streamlining integration and adoption of KOSM.

The connection is also expected to enable the monitoring of activity and health of each deployment of KOSM via the SoftBot Platform, while also enabling additional customer operational workflows.

Verses Technology last traded at $0.81 on the Neo.

FULL DISCLOSURE: VERSES Technologies is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover VERSES Technologies on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.