Mesa, Arizona, Feb 16, 2023: Iveda, the global solution for Cloud-based AI video and sensor technologies, today announced a 20-year, exclusive distribution agreement, creating a physical security partnership with Logistica Corporativa Agua Azul –– part of the Grupo Desson portfolio –– effectively bringing innovative AI video search and IoT technology to the Latin American market.
Upon successful in-country implementation of Iveda technology, training, and launch, this contract aims to bring in 100 new customer locations every year, to be implemented with recurring revenue streams, said the company.
Grupo Desson, a Mexican multinational holding company, has become the first to work alongside Iveda to integrate and deploy one another’s resources, including but not limited to IvedaAI’s intelligent video search technology, enabling the organisation to improve customer service for its security division. The AI-powered technology allows for faster and more efficient searches of video footage, empowering Grupo Desson to successfully resolve customer pain points while detecting potential threats in real-time.
Image credit: Iveda