NetworkNewsBreaks – Loop Insights Inc. (TSXV: MT
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Loop Insights (TSXV: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement and automated venue tracing to the brick-and-mortar space, today announced its entry into a global partnership agreement with NTT DATA Corp of Japan (TYO: 9613). NTT DATA is a global leader in technology services and a top-ranked global Internet of Things (“IoT”) consulting and system integration services company, with US$20 billion in revenues in 2020. Under the agreement, Loop and NTT DATA intend to combine their respective strengths to create new recurring revenue models for both companies. “Our partnership with NTT establishes Loop Insights as a global provider of IoT solutions for Venue Bubbles and Artificial Intelligence-driven automated marketing,” said Loop Insights CEO Rob Anson. “As a result of this partnership, Loop will be exposed to global opportunities never thought possible earlier this year. For example, Loop’s successful live deployment of its Venue Bubble solution and its published capabilities with respect to its Travel Bubble solution will be the subject of work on major projects with NTT DATA. We thank William and his team for their confidence and look forward to accomplishing incredible things together in 2021.”
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