Business
Launch of new AI visualisation tool
Launch of new AI visualisation tool.
About this update from Eleco Plc
[{"type":"text","content":"\n \nRNS Number : 9495Z Elecosoft PLC 16 January 2020 \n\nElecosoft Plc\n(\"Elecosoft\" or the \"Company\") \nLaunch of its new Artificial Intelligence visualisation tool\nElecosoft (AIM: ELCO), announces the launch of its new Artificial Intelligence (\"AI\") software tools at the Domotex Show in Hanover in January 2020. The new AI visualisation tools are for use in the interior flooring and materials décor markets and were very well received by customers of Elecosoft's ESIGN GmbH (\"ESIGN\") and Active Online GmbH (\"Active Online\") visualisation subsidiaries which are active in these markets worldwide. \nJohn Ketteley, Executive Chairman of Elecosoft, commented:\n\"Elecosoft's new AI visualisation tool enable consumers and professional interior designers alike to use any photo, taken from a camera, smartphone or handheld device to visualise flooring options in real-time from manufacturers stock libraries. There is no longer the need to manually treat photographs as our AI technology automatically identifies the floor area, plane, scale, reflections and shadows.\nIn our opinion, the AI visualisation tool enables consumers to make confident decisions when replacing their existing flooring, and in turn represents a significant value add for our B2B clients by improving their sales conversion rates. \nThe AI visualisation tool itself can also be integrated directly to Elecosoft's Interiormarket and Materialo® visualisation and product information management platforms; and can also be integrated into online stores and e-commerce platforms.\" \n**ENDS**\nFor further information, please contact:\nElecosoft plc Tel: +44 (0)20 7422 8000\nJHB Ketteley, Executive Chairman\nJonathan Hunter, Chief Operating Officer\nBen Moralee, Finance Director\nfinnCap Ltd Tel: +44 (0)20 7220 0500\nGeoff Nash / Kate Washington (Corporate Finance)\nCamille Gochez (Corporate Broking)\nNewgate Communications Tel: +44 (0)20 3757 6880\nElisabeth Cowell / Isabelle Smurfit\n \nAbout Elecosoft plc\nElecosoft is a speciali...