VusionGroup
 | This article contains translated text and the factual accuracy of the translation should be checked by someone fluent in French and English. |
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 Headquarters, Nanterre (France) | |
| Company type | Subsidiary |
|---|---|
| Industry | Electronic shelf labels Digital solutions Services Computer vision Artificial intelligence Instore Retail Media Retail Intelligence Industrial IoT IoT Plateform |
| Founded | 1992 |
| Headquarters | Nanterre , France |
Key people | Thierry Gadou, Chairman & CEO |
| Revenue | €621 million (2022) |
Number of employees | 850 (2023) |
| Parent | BOE Technology |
| Website | https://vusion.com |
VusionGroup provides IoT & Data solutions for physical commerce, serving over 350 large retailer groups around the world in Europe, Asia and North America.
History
[edit]Created under the name "Store Electronic Systems" (SES) in 1992, SES equipped its first store with electronic shelf labels (ESLs) in 1993.
Listed on the Paris stock exchange in 2006, the company expanded its international business with offices in Asia and Latin America in 2007.
In 2012, Thierry Gadou became chairman and CEO of the company. Connected electronic shelf labels (NFC) are installed during the same year.[1]
In 2014, a strategic alliance is signed with imagotag GmbH (Austria)[2] and Store Electronic Systems became SES-imagotag.
In 2015, SES-imagotag signs the largest ever contract of the electronic shelf labeling market.[3]
In 2016, the Group signed an exclusive contract with Jysk Nordic,[4] highlighting a rising interest from non-food retailers in the solutions provided by the Group. A trend confirmed by another deal signed with Sephora to equip the cosmetics retailer French stores.[5]
In 2018, the company launched a digital and IoT platform operating on Microsoft's cloud, which aims to provide a better customer experience and store efficiency.
In 2024, SES-imagotag changed its name to VusionGroup.[6]
Economic information
[edit]VusionGroup has over 850 employees. In the first half of 2022, VusionGroup's sales reached €285.9 million (an increase of 41% from 2021).
In 2018, SES-imagotag and BOE Technology (a Chinese global semiconductor display group and supplier of IoT technologies) join forces, the latter holding 79.94% of SES-imagotag's share capital.[7]
In 2023, VusionGroup sold 350 million Electronic Shelf Labels in 45,000 stores and has nearly 350 customers in more than 60 countries. Its main contracts are: Euronics, Dixons, Coop, Jula, Colruyt, Carrefour, Sharaf DG or Etisalat and Walmart.
Offices and clients
[edit]VusionGroup represented worldwide and has 25 sales offices in 18 countries.
Partnerships
[edit]- In 2017 with Husmann Australia to launch an IoT platform for food retailers in Australia
- In 2018 with Panasonic to develop a shelf monitoring system that automatically detects out-of-stock items
- In 2019 with Cisco to develop an IoT infrastructure for physical commerce
- Has Resellers network of 156 companies presenting company worldwide
See also
[edit]References
[edit]- ^ "Store Electronic Systems : équipe 6 nouveaux hypermarchés Leclerc de ses étiquettes NFC". Boursier.com. Retrieved 22 March 2016.
- ^ "Store Electronic: investit dans une start-up autrichienne". ABC Bourse. Retrieved 22 March 2016.
- ^ Media, Prisma. "STORE ELECTRONIC SYSTEMS (SES) : SES remporte le plus gros contrat de l'histoire de l'étiquette électronique". Capital.fr. Archived from the original on 12 December 2015. Retrieved 22 March 2016.
- ^ "SES-imagotag signe un contrat exclusif avec JYSK Nordic". Boursorama. Retrieved 6 February 2017.
- ^ "Sephora chooses ses-imagotag for its stores in France". Daily-Bourse. Retrieved 6 February 2017.
- ^ "SES-imagotag becomes VusionGroup - Vusion". 10 January 2024. Retrieved 10 October 2024.
SES-imagotag (Euronext: SESL, FR0010282822) [...] today announced that it has changed its name to VusionGroup. [...] This name change was the object of a resolution, voted on by shareholders at the last Annual General meeting on June 23, 2023.
- ^ "Pourquoi le chinois BOE Technology s'allie au français SES-Imagotag". lsa-conso.fr (in French). Retrieved 22 February 2019.