Lab4motion: Global Retail Execution Software Leader StayinFront Acquires Lab4Motion

FAIRFIELD, NJ, April 02, 2019 (GLOBE NEWSWIRE) -- StayinFront, a leading global provider of mobile, cloud-based field force solutions and EPoS analytics for the consumer goods industry has announced today that it has acquired Lab4Motion Solutions Sp. z o.o., a Poznan, Poland-based provider of image and video recognition technologies. The company will be renamed StayinFront Digital Sp. z o.o. and the company and current staff will be integrated with StayinFront's global analytics and reporting team. Maciej Witkowski will head the business unit as Managing Director.Lab4Motion's image processing technology saves time in-store, improves compliance and eliminates the bias, subjectivity and error of the manual audit process while concurrently allowing users to increase the types of metrics captured during in-store visits. Self-learning algorithms identify all types of SKUs and automatic stitching of photos allows for captured multi-photo expositions to be efficiently analyzed. Seamless integration with StayinFront TouchCG® enables consumer goods organizations to improve in-store productivity and gain real time visibility into product performance and customer behavior at the shelf by delivering actionable insights to sales representatives and managers."We've been impressed with the technology of Lab4Motion and our future investment will allow us to better scale our digital offerings and deliver our new "interactive shelf" ...Full story available on Benzinga.com