News & Events
2019-01-03
SQISOFT and ADVANTECH signed a MOU for cooperation in IoT-based retail business
Jan.3, 2019
SQISOFT Inc. has signed an MOU with Advantech to collaborate on IoT business and joint projects in the retail sector.
This business agreement was made to accelerate the introduction of the IOT system in the domestic retail industry and to discover the market by integrating the hardware and platform services of Advantech with the IoT solution development and construction technology of SqueakySoft. Through the agreement, the two companies are planning to carry out the first project between the two companies regarding "Digital Innovation in Off-Line Store" in the distribution industry, and focus on developing IoT-based signage and kiosk markets.
"The cooperation with our partners is not an option but an essential part of the IoT business," said Chung Joon-gyo, president of Advantech. "We expect that Advantech's domestic retail business will gain momentum through our agreement with SqueakySoft."
Meanwhile, Advantech, a hardware-oriented industrial computer manufacturer, provides artificial intelligence services such as data collection, storage, analysis and prediction to various industries through WISE-PaaS have.
SQISoft, a software company specialized in various industries such as F & B, fashion, exhibition, sightseeing, culture, art, and distribution chain, is based on IOT, O2O, face recognition, unattended settlement and smart signage. (ELIGA), a smart space construction solution that can be customized and supplied.