Agreements reached under this partnership
Business Alliances- 1
Automatically identify the target individual based on shoplifting alert videos generated by veesion
- 2
Extract the optimal facial image for registration
- 3
Verify a mechanism linking the process through to registration in the facial recognition system
- 4
Aim to automate the entire process and improve the efficiency of extracting and registering the target individual's facial image
- 5
Assess from multiple perspectives the technical challenges toward commercialization, store operations, operating costs and other factors
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
| Item | Details |
|---|---|
| Name of alliance partner | GLORY LTD. |
| Alliance partner's business activities | Provides facial recognition systems for security measures such as crime prevention and monitoring, as well as a wide range of applications requiring identity verification. Supports various delivery formats, including on-premises deployment and SDKs. |
| Type of alliance | Business Alliances |
| Details of the alliance | Automatically identify the target individual based on shoplifting alert videos generated by veesion, Extract the optimal facial image for registration, Verify a mechanism linking the process through to registration in the facial recognition system, Aim to automate the entire process and improve the efficiency of extracting and registering the target individual's facial image, Assess from multiple perspectives the technical challenges toward commercialization, store operations, operating costs and other factors |
| Alliance start date | Starting 1 April 2026 |
Items this document does not state (18)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The trial is intended to streamline the process from detecting shoplifting behavior through extracting the target individual's facial image and registering it in the facial recognition system, thereby enabling both detection when the individual returns to the store and shoplifting deterrence. The companies also aim to identify technical challenges, assess store operations and operating costs toward commercialization, and expand adoption of both companies' solutions.