- Visionstate (TSXV:VIS) provided an update on the technological advancements and initiatives designed to enhance operational efficiencies in facility management
- In early Q3 of the current fiscal year, Visionstate will introduce a new inspections application aimed at streamlining the auditing process for facility managers assessing cleaning quality
- Visionstate continues its collaboration with the Alberta Machine Intelligence Institute (Amii) to develop an AI model that intelligently designs cleaning schedules and optimizes routing
- Visionstate stock (TSXV:VIS) last traded at $0.02
Visionstate (TSXV:VIS) provided an update on the technological advancements and initiatives concerning its WANDA product, an application designed to enhance operational efficiencies in facility management.
Launch of standalone inspections application
In early Q3 of the current fiscal year, Visionstate will introduce a new inspections application aimed at streamlining the auditing process for facility managers assessing cleaning quality. This standalone application works to integrate with WANDA, offering a comprehensive end-to-end solution. By digitizing existing processes, it can facilitate enterprise-scale reporting and analytics, potentially a new revenue stream for the company.
Who is WANDA?
WANDA monitors cleaning activities in real time, including frequency, duration and effectiveness, working to optimize efficiency for a client base spanning municipalities, educational institutions and healthcare facilities. The technology also provides automated alerts, visitor counting and a QR-code-based public feedback system.
Advancements in artificial intelligence
Visionstate continues its collaboration with the Alberta Machine Intelligence Institute (Amii) to develop an AI model that intelligently designs cleaning schedules and optimizes routing. This innovation addresses the complexity and time-consuming nature of facility operations, leveraging AI to enhance efficiency. The company anticipates completing the model in Q4 2025, introducing another standalone product and revenue stream.
The hype around Amii is supported by the recent accolade awarded to one of its scientific advisors, Richard Sutton, who received the 2024 A.M. Turing Award—often referred to as the “Nobel Prize in computing” — for his foundational work in reinforcement learning.
Leadership insights
“This development is transformational for facility management,” Visionstate’s president, Shannon Moore commented in a media release. “By harnessing the power of AI, we’re turning complex tasks into optimized processes, setting a new standard in the industry.”
About Visionstate
Visionstate invests in the research and development of new technology within the Internet of Things, big data and analytics, sustainability and artificial intelligence.
Visionstate stock (TSXV:VIS) last traded at $0.02 and is down by 20.00 per cent since this time last year.
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(Top photo via Visionstate.)
