CVDM Solutions SAS

CVDM Solutions SAS specializes in innovative cloud-based retail management solutions that leverage AI-powered image recognition technology and advanced data analytics to enhance retail environments. Founded in 2009 and headquartered in Paris, France, CVDM Solutions SAS offers cloud-based retail management solutions. The company was acquired by Trax Technology Solutions Pte Ltd. in July 2019 as part of its growth strategy.

Vincent Jacques is the founder, who has a history of driving technological advancements in retail management. CVDM Solutions SAS provides AI-driven image recognition and data analytics to transform retail operations. Their solutions enable real-time digitization and optimization of retail environments, catering to a range of industries including food and beverage, pet care, and household goods. The company's offerings include comprehensive tools that enhance visibility and customer engagement across North America, Europe, and Asia.

In the most recent financial year of 2018, CVDM Solutions SAS generated revenue of USD 10. 88 mn with an EBITDA of USD 798,242. The company operates on a B2B model, providing subscription-based services through licensing fees and transaction-based pricing for its solutions. CVDM Solutions SAS plans to leverage recent funding from its acquisition by Trax Technology Solutions to enhance its product offerings and expand into new markets.

The company is focused on developing new features for its retail management solutions and aims to enter additional geographic markets by 2021. The recent investment will support the launch of innovative tools designed to improve retail analytics and consumer engagement.