Elecosoft launches AI software tools in Germany
The specialist international provider showcased its latest visualisation tools tailored for use in the interior flooring and materials décor markets.
The tools automate a formerly manual process by enabling consumers and designers to use a photo from any device to visualise flooring options in real-time from manufacturers stock libraries, John Ketteley, Executive Chairman explained.
Shares in Elecosoft were trading 9.49% higher at 86.5p on Thursday afternoon.
The tools were ‘very well received by customers’ of Elecosoft’s visualisation subsidiaries, ESIGN and Active Online who are both active in these markets worldwide, the statement detailed.
Ketteley said the tool represented additional “significant value” for their B2B clients by improving their sales conversion rates.
He added that the tool itself can be integrated directly to Elecosoft's Interiormarket and Materialo® platforms as well as into online stores and e-commerce platforms.
A provider of services in the architectural, engineering, construction and owner-operator industries, Elecosoft’s develops its software across the UK, Sweden and Germany.
Follow News & Updates from Elecosoft here:
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.