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The latest update is out from Visionstate ( (TSE:VIS) ).
Visionstate Corp. announced the launch of a standalone inspections application in early Q3, designed to streamline auditing processes for facility managers and integrate with its WANDA product. This initiative is expected to create a new revenue stream by digitizing processes and enhancing reporting capabilities. Additionally, Visionstate is collaborating with the Alberta Machine Intelligence Institute to develop an AI model for optimizing cleaning schedules, with completion anticipated in Q4 2025. This AI initiative aims to transform facility management by turning complex tasks into optimized processes. Visionstate has also updated its WANDA software to comply with Ontario’s new cleaning verification legislation, ensuring that facility managers can meet regulatory requirements effectively.
More about Visionstate
Visionstate Corp. operates in the technology industry, focusing on enhancing operational efficiencies in facility management through its WANDA product. The company is committed to leveraging technological advancements, such as artificial intelligence, to optimize facility operations and provide comprehensive solutions for facility managers.
YTD Price Performance: -33.33%
Average Trading Volume: 153,375
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$4.8M
See more insights into VIS stock on TipRanks’ Stock Analysis page.