Thursday, February 2

Wisy wins first place in the Innpacta Innovation Challenge in Chile

Wisps, a technology solutions company that was born in Panama to optimize retail, has been selected from more than 90 startups program participants CCP of Chile.

This program, in the form of corporate venturing, seeks to identify the best startups in the world that have designed new responses for the future of the beverage industry and its stages of the value chain.

As a winner, Wisps will have the opportunity to develop a pilot of its platform Artificial Intelligence with CCU.

Additionally, it will have the possibility of being included in the startup portfolio of ChileGlobal Ventures, the venture capital area of Chile Foundation.

Innpacta, Regional Open Innovation Challenge, which is a CCU program that seeks to create competitive advantages through the incorporation of high-impact technologies that improve the experience of its workers, customers, suppliers, and communities.

Min Chen, CEO of Wisy, commented that “for Wisy it is an honor to have been selected as the winner of the Innpacta CCU program. Our mission is to improve the quality of life for families around the world by revolutionizing the consumer goods industry through artificial intelligence. This award is the beginning of a collaboration with CCU, a leading company in Latin America that seeks to serve its consumers even better with innovation. We look forward to this exciting journey with CCU.”

Wisps was selected to participate in this challenge for its vision to transform the consumer goods and retail industry and make it more efficient.

Through access to data analytics tools, Wisy’s technology enables you to take advantage of robust real-time analytics for stock outs, shelf availability and disposition, assortment planning, and demand forecasts.

CCU is a Chilean-based beverage company listed on the New York Stock Exchange with a market capitalization of $3.12 billion.

The company manufactures and sells alcoholic and non-alcoholic beer and other non-alcoholic beverages. By adopting Wisy platforms, CCU and other industry companies will increase demand forecasting accuracy for these categories by reducing out-of-stocks and increasing customer satisfaction.

The consumer goods and retail industry was deeply impacted by the coronavirus pandemic (COVID-19), and its transformation required the accelerated development of innovative technologies and new business models.

Wisy’s platform optimizes the execution of retail and operations, allows the reduction of stock-outs and losses through artificial intelligence, while helping to increase the well-being of the entire society by helping to ensure the availability of products for use. newspaper.

Wisy’s vision is to create technological solutions to solve global problems and as a result of its value proposition, Wisy has been recognized by the most prestigious innovation programs in Silicon Valley such as Carnegie Mellon VentureBridge, SAP.iO, Plug and Play, Nasdaq Milestone Maker, Google Accelerator program, and the SLEI-Ed program with Stanford University.

Wisy’s team evaluates the current and future needs of society and works closely with its clients to co-innovate, and to create social and economic well-being.