Market Commentary / Company Spotlights

Verses Technologies Partners with Blue Yonder

  • Declan O’Flaherty

    Declan holds a Bachelor of Commerce from the University of Alberta and has over 4 years of experience investing in financial markets. As a fundamental investor, Declan embraces the investment principles of Warren Buffett and his disciples. This puts a focus on finding businesses with healthy financials, competent and accountable leader, enduring competitive advantages, and those that are selling at discount to what they are worth.

    View all posts

To expand its global reach, VERSES Technologies is pleased to announce that it is partnering with the digital logistics company, Blue Yonder, to improve systems in the global supply chain.

Blue Yonder specializes in digital supply chain and omnichannel commerce fulfillment, providing solutions to over 3500 of the world’s largest retailers and warehouse distribution providers across 78 countries.

Using its KOSM operating system, VERSES is expected to equip warehouses and distribution centers with adaptive intelligence and Spatial Twin management applications.

These apps are designed to generate a unified real-time world model that better simulates and orchestrates workflow optimization, verifiable traceability, and intelligent automation.

With many persistent challenges and bottlenecks in the global supply chain, VERSES’ tools will help supply chain companies deploy intelligent routing, slotting, and capacity capabilities.

When discussing the partnership, Director of Edge Technology at Blue Yonder, Matt Balthasar said,

“VERSES provides our customers with an unparalleled view of their physical space and an actionable set of tools to continually improve and refine their operations, […] This partnership is more than a technical integration; it sets a new standard for the market today, and into the future.”

VERSES Founder and CEO, Gabriel René also commented,

“We are very excited to partner with Blue Yonder to resell VERSES spatial management applications to their global customer base.”

This is certainly an exciting time for the Company and it will be interesting to learn how this partnership evolves in the coming years.


If you are curious to learn more about VERSES Technologies, check out the Company’s Investor Presentation and our interview with CEO Gabriel René below.

Link to the full PR release.

Disclosure/Disclaimer:

We are not brokers, investment, or financial advisers; you should not rely on the information herein as investment advice. If you are seeking personalized investment advice, please contact a qualified and registered broker, investment adviser, or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Edge Investments and its owners currently hold sixty thousand dollars in Verses Technologies stock and are compensated by Verses for Investor Relations Services, amounting to eighty-nine thousand seven hundred sixty dollars. Please do your own research before investing, including reading the companies’ public filings, press releases, and risk disclosures. The company provided information in this profile, extracted from public filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it. The commentary and opinions in this article are our own, so please do your own research.

 

Copyright © 2022 Edge Investments, All rights reserved.

  • Declan O’Flaherty

    Declan holds a Bachelor of Commerce from the University of Alberta and has over 4 years of experience investing in financial markets. As a fundamental investor, Declan embraces the investment principles of Warren Buffett and his disciples. This puts a focus on finding businesses with healthy financials, competent and accountable leader, enduring competitive advantages, and those that are selling at discount to what they are worth.

    View all posts

Leave a Comment

Get 30+ hours of analyst research directly in your inbox weekly. Sign-up today to stay on top of the market.