Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Technology company, Datametrex AI (DM) has entered into a sales agreement with the South Korean division of 7-Eleven
  • 7-Eleven’s international chain of convenience stores has a strong presence in South Korea, with approximately 9,231 stores currently in operation
  • Datametrex has been contracted to provide 7-Eleven Korea with Robotic Process Automation (RPA) infrastructure
  • RPA technology allows computer software or robots to replicate actions within digital systems, to conduct a business process
  • Datametrex AI (DM) is up 3.33 per cent and is currently trading at C$0.16 per share

Technology company, Datametrex AI (DM) has entered into a sales agreement with the South Korean division of 7-Eleven.

7-Eleven is a globally recognised international chain of convenience stores, with over 71,100 stores operating worldwide. 

The brand has a particularly strong presence in South Korea, where approximately 9,231 stores are currently in operation. As such, South Korea currently hosts just under 13 per cent of the 7-Eleven stores in the world.

Datametrex has been contracted by 7-Eleven Korea to provide the chain with Robotic Process Automation (RPA) infrastructure. 

RPA is a technology which allows anyone to configure computer software, including robots, to replicate and incorporate certain actions. Specifically, the software or robot is taught to copy the actions of someone working within digital systems, in order to conduct a business process.

RPA is a sub-category of the much larger business process automation (BPA), in which technology is used to automate complex business protocols. This contract is indicative of a growing demand for BPA, which is partially being driven by artificial intelligence (AI) applications like RPA.

Datametrex AI’s CEO, Marshall Gunter, said the company is continuing its efforts to facilitate ground-breaking technologies to companies across the globe.

“Our technology is proven to be valuable to make sense of the data beyond complicated spreadsheets.

“We pride ourselves on providing tools that our clients can use to visualise their customer and stakeholder data. Through predictive analysis, they can support their decision-making, mitigate risk, and improve their bottom line,” he said.

Datametrex AI (DM) is up 3.33 per cent and is trading at C$0.16 per share at 1:22pm EDT.

More From The Market Herald
The Market Herald Video

" SuperBuzz (TSXV:SPZ) announces distribution with AppSumo, integration with Shopify

SuperBuzz (SPZ) has signed a distribution agreement with AppSumo and finalized integration with Shopify.

" Water Ways (TSXV:WWT) signs $850,000 contract

Water Ways (WWT) subsidiary Heartnut Grove WWT has signed an C$850,000 deal.

" AirTest (TSXV:AAT) partners with Star Energy on efficiency solutions

ATI AirTest Technologies (AAT) has signed an agency agreement with Star Energy Solutions Inc.

" Commercialization Accelerates for POET Technologies’ Platform Technology

At POET Technologies, we have been a company of “-ization”.