BeMyEye acquires Computer Vision specialist Metaliquid

LONDON, May 19, 2022 /PRNewswire/ -- BeMyEye, Europe’s leading provider of AI and retail execution management solutions to CPGs has announced the acquisition of Metaliquid, a Computer Vision company specialising in audio and video analysis based on deep-learning technology. 

With the integration of Metaliquid’s cutting edge Computer Vision technology, BeMyEye’s client base, which includes the likes of Pepsi, GSK, and Samsung, can now obtain, in real-time, corrective actions from complex retail scenes at scale. The incorporation of Metaliquid’s AI technology dramatically improves the performance and ROI of field teams at a time when CPGs are under significant pressure to improve operational efficiency.

Metaliquid has developed an innovative deep-learning solution specifically designed for extracting descriptive, time-coded metadata from audio, image, and video contents in real-time. Leveraging proprietary deep-learning frameworks and neural network architectures, Metaliquid's solution is proven to deliver production-grade AI applications with exceptional accuracy levels to a broad range of industries including media and broadcasting, retail and security.

Luca Pagano, CEO of BeMyEye, said: “Our clients are already experiencing up to 20% improvements in key store execution metrics such as Assortment Compliance and Share of Shelf, which result in double-digit revenue growth. Leveraging Metaliquid’s real-time Computer Vision capabilities will take our clients’ in-store performance to the next level, significantly boosting their market share."

Mauro Pretolani, Lead Investor at BeMyEye and Senior partner at FITEC fund, managed by Fondo Italiano d’Investimento SGR, said: “The acquisition of Metaliquid brings great new intellectual property in the field of Artificial Intelligence, increasing Bemyeye competitive advantage and opening exciting  opportunities for market expansion.”

Simone Bronzin, formerly CEO of Metaliquid and now CTO of BeMyEye, said: “We are very excited to join a company with such a great product and client portfolio like BeMyEye. Moreover, BeMyEye’s crowd can be a game changer in the world of Computer Vision as it enables the labelling and annotation of large scale datasets, thus reducing time and cost of deployment on any AI-based solution.”