2024 Highlights: OmniQ’s Breakthrough Contracts, Cutting-Edge Tech, and Global Expansion
Driving Change Through Vision and Technology
2024 has been a transformative year for omniQ, supported by multi-million dollar purchase orders from our long-standing and new customers. Showcasing the growing demand for our AI-driven automation solutions. At industry events, we introduced innovative products like eCite Lite and synQpay, sparking interest in how we’re shaping the future of law enforcement and retail. These milestones, made possible by partnerships with industry leaders, have strengthened our position as a driving force in smarter, more efficient systems.
In 2024, omniQ achieved significant milestones through strategic partnerships and substantial contracts, underscoring its role as a pivotal technology provider across various industries.
Key Contracts That Made Headlines:
- Supply Chain Modernization for a Leading Food and Drug Chain: omniQ secured a project exceeding $50 million to modernize and expand the logistics system of one of the largest food and drug chains in the U.S. This initiative involves deploying Android-based handheld IoT devices to enhance supply chain operations, from warehouses to end-customer deliveries, ensuring improved timing, routing, and proof of delivery.
- Strategic Alliance with Ingenico: In a move to bolster its fintech solutions, omniQ entered into a non-exclusive agreement with Ingenico, a global leader in seamless payment solutions. This collaboration aims to integrate omniQ’s AI-driven fintech software with Ingenico’s payment technologies, enhancing payment processes across industries such as manufacturing, retail, and healthcare.
- Collaboration with NEC for Public Safety Enhancement: omniQ continued its partnership with NEC, a global leader in biometric information technology, to deliver advanced AI-based solutions for public safety and security markets. By combining omniQ’s machine vision technology with NEC’s biometric capabilities, the collaboration aims to enhance security and operational efficiency in sectors including law enforcement, transportation, and urban infrastructure.
A Focus on Collaborative Impact:
These partnerships transcend traditional business deals, representing collaborative efforts that drive meaningful change:
- Advancing Supply Chain Efficiency: The $50 million project with a major U.S. food and drug chain is set to revolutionize supply chain operations, introducing advanced IoT solutions that streamline processes and enhance delivery accuracy, ultimately benefiting consumers with improved service quality.
- Innovating Payment Solutions: The alliance with Ingenico reflects a commitment to fintech innovation, aiming to provide businesses with cutting-edge payment solutions that improve customer experiences and operational efficiency across multiple sectors.
- Enhancing Public Safety Measures: The ongoing collaboration with NEC focuses on integrating advanced AI and biometric technologies to create comprehensive security solutions, enabling authorities to respond more effectively to threats and ensure safer environments for communities.
Through these strategic collaborations, omniQ continues to position itself at the forefront of technological innovation, delivering solutions that not only meet industry demands but also contribute to broader societal advancements.
Pioneering Technology Advancements
Following our strategic partnerships, omniQ continues to redefine innovation, delivering cutting-edge solutions that simplify processes, enhance safety, and save valuable time for our clients.
Innovating the Way We Work:
- eCite Lite: Integrated with our PERCS™ platform, this handheld solution streamlines parking enforcement, reducing errors and increasing efficiency for officers on the ground.
- synQpay: In collaboration with Ingenico, omniQ’s synQpay integrates AI-driven fintech tools with advanced payment technologies, revolutionizing secure, efficient payment systems in retail and healthcare.
Real-World Solutions to Big Challenges:
- Retail Transformation: A $3.4 million order from a retail giant for advanced portable printers and tablets is modernizing in-store operations, improving inventory accuracy, and enhancing customer experiences.
- Bioscience Advancements: Over $1 million in orders from a bioscience leader showcase omniQ’s ability to replace outdated systems with cutting-edge scanning technology, driving operational precision.
- Transportation Leadership: A $1.4 million contract renewal highlights omniQ’s role in delivering reliable and scalable AI and IoT solutions for the transportation sector.
Through these advancements, omniQ remains at the forefront of technology, solving big challenges with practical, transformative solutions that make a measurable impact across industries.
omniQ on the Global Stage
In 2024, omniQ showcased its innovative solutions at premier industry events, reinforcing its position as a leader in AI and machine vision technologies.
Making Waves at Industry Events:
- IACP 2024: At the International Association of Chiefs of Police Conference, omniQ unveiled its AI-powered public safety solutions, including advanced License Plate Recognition (LPR) systems and real-time data analytics tools. Live demonstrations highlighted the capabilities of these technologies in enhancing law enforcement efficiency and community safety.
- Intertraffic Amsterdam: omniQ presented its cutting-edge HOV (High-Occupancy Vehicle) solution at this prestigious global transportation event. The HOV solution’s ability to enhance traffic flow, enforce compliance, and reduce congestion drew significant attention from international stakeholders, setting a strong foundation for omniQ’s expansion in global markets.
The excitement and engagement generated by these events underscored omniQ’s dedication to addressing critical industry challenges. Live demos and thought-provoking discussions with industry leaders provided valuable insights, shaping the future of omniQ’s innovative solutions.
As we move into 2025, omniQ is poised to expand its technological horizons and enter new markets, building on the momentum of 2024’s achievements.
Thank You for an Unforgettable 2024
As we reflect on 2024, we extend our heartfelt gratitude to our customers, partners, stakeholders, and shareholders. Your unwavering support and collaboration have been instrumental in our success.
omniQ remains steadfast in its commitment to pushing boundaries and delivering exceptional value. We look forward to embarking on new ventures and achieving greater milestones together in 2025 and beyond.
