SEED Group Announces a Strategic Partnership with Vue.ai to Accelerate Digital Transformation Efforts for Retail Businesses Using Artificial Intelligence
Dubai, United Arab Emirates – 01 June 2020 – SEED Group, owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, today announced a strategic partnership agreement with Vue.ai, an end-to-end AI-enabled automation solution for the retail industry. Parent company Mad Street Den® has both teams and customers across the globe, and has been helping businesses grow and get operationally efficient, using its proprietary A.I. technology.
Vue.ai is A.I. purpose-built for the retail industry. The company helps retailers use A.I. effectively across a variety of functions including merchandising, product digitization, marketing, eCommerce, customer experience and more, with a goal to help them grow multi-fold, while saving costs on inefficient manual processes. With Computer Vision at its core, the company uses A.I. to learn, enhance & automate functions eCommerce businesses, marketplaces, brands, physical stores and other retail formats.
Over the last few years, the emergence of A.I. has become fundamental in shaping the future of businesses across the world. It has been a catalyst for the growth of global markets and new economic sectors. More importantly, as multiple industries navigate the challenges that come with the Covid19 pandemic, digital maturity is not an option anymore, it’s imperative to the survival and growth of any retail business in the next decade. Vue.ai’s disruptive vision allows them to provide A.I. solutions for various retail segments including fashion, grocery, home, beauty and electronics, helping retailers adapt to the new normal, reduce inefficiencies and optimize their businesses for conversion and growth.
“We are delighted to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group to expand Vue.ai’s presence into the Middle East. UAE has a forward-looking vision that embraces global trends and developments. They’re taking active measures to make A.I. a key element in the action plans of the future. We look forward to this partnership and are excited to work with retailers in the region”, said Anand Chandrasekaran, Founder & CTO.
“Vue.ai’s added value to our local economy is a major achievement for our retail industry, and we are very proud to have forged this partnership to make this happen. Dubai is fast becoming a smart city, and in no time will become a global leader in digital transformation. Merchants and consumers from all over the world are coming to Dubai to experience the future, and we see this partnership as an important digital solution to bring this experience together”, said Hisham Al Gurg, CEO of SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum.
Mad Street Den Inc. founded in 2016 by Ashwini Asokan and Anand Chandrasekaran, headquartered in California is a computer vision and artificial intelligence company building the A.I. architecture of the future. Its mission is to build models of generalizable intelligence on scale, that can be deployed through meaningful applications across industries to billions of people across the globe. Vue.ai is Mad Street Den’s retail-focused vertical that uses A.I. to help companies get more efficient and productive while helping grow revenue, with its end-to-end retail automation suite.
For more information, visit www.vue.ai.
About SEED Group
Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.
For more information, visit www.seedgroup.com.
Vue.ai Media Contact:
+91 98208 13726
SEED Group Media Contact:
Nomarie Jean Lacsamana
+971 4 373 5068