Vancouver, BC – Venzee Technologies Inc. (TSX-V: VENZ) (the “Corporation” or “Venzee”) is pleased to announce that Littman Bros Lighting (“Littman”) has selected Venzee to automate the process of adding and updating products sold on Littmanbros.com.
Using artificial intelligence, Venzee transforms product information from suppliers and manufacturers into the requirements of retailers, a labor intensive and costly process that the retail industry still performs using spreadsheets.
“Littman Bros are the perfect example of the growing number of retailers that are automating the process of updating their e-commerce stores as their suppliers launch new products or provide updates including inventory” said Kate Hiscox, President of Venzee.
Venzee provides high value customized SaaS (software-as-a-service) solutions to mid-market and tier-1 enterprise clients around the world. Additionally, it accommodates the budgets of up and coming retailers hosted on platforms like Shopify, with pricing starting from US$49 per month.
According to Statista, in 2016, the global e-commerce industry achieved estimated US$1.8 trillion dollars in sales, and is expected to grow to US$4.5 trillion by 2021. As e-commerce sales continue to grow at staggering rates, the need for better delivery of product information for businesses is now solved with the Venzee software solution.
Littman Bros Lighting is a family owned high-end lighting company for both homeowners and industry specialists. Established in 1979 and still going strong, Littman Bros has created something special in the lighting niche that goes beyond selling a product or providing a service. Littman’s objective is to be more than a source – they want to be your resource. Littman Bros strives to build relationships and provide knowledge across the industry. With access to all lighting, furniture and home accessory manufacturers, Littman has what its customers need to complete their lighting projects. For more information on Littman Bros Lighting, please visit https://www.littmanbros.com/.
Venzee is a SaaS company that launched in 2014 to help e-commerce vendors and retailers easily share product information in a US$23 trillion retail industry (source: Statista). Traditionally, this was done using spreadsheets which created a labor-intensive process that delayed products from reaching the marketplace. Venzee’s technology, leveraging artificial intelligence to streamline product information management, allows thousands of vendors and retailers to seamlessly share information, avoiding delays and getting products to market faster than ever. The Company graduated from notable startup accelerator program 500 Startups and is already powering some of the biggest brands in the world.
Investor Relations, Kin Communications Inc.
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