- Fobi (FOBI) signed a five-year C$10 million licensing agreement with Canadian beverage manufacturing company, BevWorks Brands
- BevWorks will receive licenses to various Fobi technologies, including real-time data processing and artificial intelligence applications, mobile wallet pass technology, patented IoT hardware, advanced analytics and forecasting technology, as well as the Fobi Data Exchange
- Fobi’s platform will allow BevWorks to make 100-per-cent data-driven decisions that optimize product selection and development, sales and marketing strategies, distribution models and strategic acquisitions
- Vancouver-based Fobi is an AI and data intelligence company that leverages and monetizes customer data by powering personalized customer experiences
- Fobi AI Stock (FOBI) opened today at $0.495
Fobi (FOBI) has signed a five-year C$10 million licensing agreement with BevWorks Brands.
BevWorks is a Canadian beverage manufacturer that specializes in in-house production across various markets, including alcohol, beer, RTD liquor and alcohol replacement.
Fobi will provide BevWorks with access to various technologies, including artificial intelligence and real-time data processing, as well as advanced analytics and forecasting technology.
The technologies will enable BevWorks to make data-driven decisions in areas such as product selection and development, sales and marketing strategies, distribution models and strategic acquisitions.
The license agreement is part of Fobi’s growth and monetization strategy, which aims to address high-value industries through licensing and joint venture opportunities.
Vancouver-based Fobi is an AI and data intelligence company that leverages and monetizes customer data by powering personalized customer experiences.