Remark Holdings, Inc. Announces Sales and Development Partnership with WaitTime, a Core Partner of Cisco and Intel, Targeting Crowd-Behavior Analytics

Remark Holdings, Inc., a leading provider of artificial intelligence (AI) – powered video analytics solutions, announced a strategic sales and development partnership with WaitTime, a core partner of Cisco and Intel, targeting crowd-behavior analytics.

WaitTime’s AI software provides real-time data and historical analytics on crowd behavior, giving operations personnel live information on crowd movement and density while providing guests the information they need to navigate a venue and the information on important data such as queue times at concession stands and bathroom wait times, as well as entry and exit times to provide for the best guest experience possible with end users accessing this information directly from the venue’s general customer APP.

“We are excited to combine forces with WaitTime to augment their award-winning crowd intelligence analytics with Remark’s Smart Safety Platform,” commented Kai-Shing Tao, CEO of Remark. “WaitTime’s successful sales and distribution partnerships with Intel and Cisco open up a robust sales channel for both companies to market and sell to, providing value for our mutual customers while expanding upon recent wins with sporting venues such as the Miami Heat Arena, Denver Broncos Stadium and retail shopping centers such as the Mall of Americas.”

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Zach Klima, Founder and CEO of WaitTime, comments, “We are delighted to combine our industry-leading crowd intelligence analytics with the additional power of Remark’s Smart Safety Platform. Remark’s deep relationships with the local Las Vegas gaming, law enforcement, and education markets and its international customer base in Asia, Latin America, and the United Kingdom, makes for an ideal partnership.”

Remark’s advanced AI-powered Smart Safety Platform expands upon the metadata gathered by WaitTime to include additional valuable analytics such as gender and age identification, object detection, and consumer bag counts, allowing the venue operator to better analyze behavioral patterns and matching it with customer purchasing data thereby creating a more detailed customer profile to market to. In addition, Remark’s Smart Safety Platform includes important security features such as loitering, intrusion, and banned customer detection while providing real-time alerts for possible security threats, allowing the analysis of both live and archived video footage at scale and speed. Meaningful intelligence from extracted video data can be searchable, actionable, and quantifiable, resulting in an immediate return on investment for clients wanting to increase their operational efficiency and safety.

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