{"id":9783,"date":"2023-07-05T15:26:11","date_gmt":"2023-07-05T12:26:11","guid":{"rendered":"https:\/\/vcmem.com\/project\/artificial-intelligence-solutions-retail-sector-ai-solutions-retail-sector\/"},"modified":"2023-07-05T15:26:11","modified_gmt":"2023-07-05T12:26:11","slug":"artificial-intelligence-solutions-retail-sector-ai-solutions-retail-sector","status":"publish","type":"project","link":"https:\/\/vcmem.com\/en\/project\/artificial-intelligence-solutions-retail-sector-ai-solutions-retail-sector\/","title":{"rendered":"Artificial Intelligence Solutions &#8211; Retail Sector AI Solutions Retail Sector"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Salco International is pleased to offer an investment opportunity to contribute with its partners in establishing a company specializing in artificial intelligence solutions. The focus of attention in the first stage will be on the retail sector and then the medical and agricultural sectors in Saudi Arabia, including launching and expanding into other markets.<\/p>\n<p>The founding partners have been working for more than three years on studying the market (the retail sector) and its necessary and actual needs. The union is with a technical developer with long experience in artificial intelligence, and one of its largest clients is Airbus and the American NASA.<\/p>\n<p>The partners were also able to work close to the giants of this sector (the retail sector) and take their opinions on these solutions, as they were welcomed and invited to present them officially.<\/p>\n<p>It is worth noting that the size of the artificial intelligence market was estimated at approximately $65 billion in 2020. It is expected to reach $15 trillion by 2030<\/p>\n<p>According to statistics from the General Authority for Statistics, the retail sector in the Kingdom of Saudi Arabia will grow to $159 billion (596 billion Saudi riyals) by 2024. Retail trade represented 22.8 percent of the Kingdom\u2019s non-oil GDP as of the third quarter of 2022.<\/p>\n<p>* Current need: We would like an investor\/partner to invest and in return 35% of the company&#8217;s shares in order to cover the costs of developing artificial intelligence protocols and initial operation.<\/p>\n<p>** A valuable opportunity in a large and promising market that is being flocked to by foreign companies that have already begun to register and join the Saudi Data and Artificial Intelligence Authority. Therefore, time is an important element to enter the market and seize the opportunity.<\/p>\n<p>***The solutions that will be provided do not currently exist in the retail sector in Saudi Arabia.<\/p>\n<p>To learn more about this opportunity, please write to the contact number and WhatsApp +966582724212, where you will send a confidentiality document and save the information initially to send the details.<\/p>\n<p>my regards ,,,<\/p>\n<p style=\"direction: ltr\"><strong>Building the future in an ever-constant changing market!<\/strong><\/p>\n<p style=\"direction: ltr\">Whether you agree or not, Artificial Intelligence is changing the future of the retail industry in the next two decades, only retailers who are differentiated by their customer experience and service delivery will prevail. Not to mention the online stores are increasingly competing to capture customers attention and loyalty while the so-called traditional physical stores suffer hugely.<\/p>\n<p style=\"direction: ltr\">SALCO and Very Specialized and highly experienced multi-national team in AI and with more than 30 years of advanced retail experience into hybrid Intelligence development programs joined in partnership to offer AI Solutions catered mainly &#8211; at this stage &#8211; to the Retail Industry.<\/p>\n<p style=\"direction: ltr\"><strong>  The problem<\/strong><\/p>\n<p style=\"direction: ltr\">&#8211; Cost of operation becomes increasingly notable (significantly being on the top agenda of many industry leaders)<\/p>\n<p style=\"direction: ltr\">&#8211; The competition to capture customers becomes fierce and thus everyone looks for differentiation as a means to survive and thrive.  <\/p>\n<p style=\"direction: ltr\">&#8211; Customer satisfaction and customer experience become one of the significant issues the industry leaders are concerned about<\/p>\n<p style=\"direction: ltr\">&#8211; Automation of business processes, intelligently, saving time, efforts and reducing errors and therefore maximizing profits<\/p>\n<p style=\"direction: ltr\">&#8211; Customers always want high quality combined with the speed of delivery either for a service or a product.<\/p>\n<p style=\"direction: ltr\"><strong>The AI \u200b\u200bsolutions<\/strong><\/p>\n<p style=\"direction: ltr\">AI (Artificial intelligence) protocols are designed and built to ensure addressing all the above concerns in the best intelligent manner.<\/p>\n<p style=\"direction: ltr\">o Creating time-saving solutions that make life easier from pick up to delivery and beyond<\/p>\n<p style=\"direction: ltr\">o Making use of data science collected from the IoT and other sources into actionable insights<\/p>\n<p style=\"direction: ltr\">o Providing advanced retail consulting services including digital initiatives and roadmap aligned with the company&#8217;s strategic plan<\/p>\n<p style=\"direction: ltr\">o Providing comprehensive retail training<\/p>\n<p style=\"direction: ltr\"><strong>Investment<\/strong><\/p>\n<p style=\"direction: ltr\">1- Required:<\/p>\n<p style=\"direction: ltr\">We look forward to having an investor joining us in exchange of 35% of the company&#8217;s total shares.  <\/p>\n<p style=\"direction: ltr\">2- Founders:  <\/p>\n<p style=\"direction: ltr\">They are already in the market and have their own companies in Saudi and USA. Their total experience in retail and service\/product commercialization jointly is more than 35 years<\/p>\n<p style=\"direction: ltr\">3- Venture:<\/p>\n<p style=\"direction: ltr\">It is going to be registered at the Saudi Data &amp; AI Authority (SDAIA) once incorporated. This is to seek recognition, and be able to avail financial facilities in the later stages.  <\/p>\n<p style=\"direction: ltr\">4- Clients\/Prospects:<\/p>\n<p style=\"direction: ltr\">Ready to examine the developed protocols of AI Solutions<\/p>\n<p style=\"direction: ltr\">5- AI Solutions:<\/p>\n<p style=\"direction: ltr\">FIRST protocol: Needs 90 days for development in order to create a DEMO for client&#8217;s presentation and viewing.<\/p>\n<p style=\"direction: ltr\">6- Cost<\/p>\n<p style=\"direction: ltr\">Cost of the start-up is reasonably calculated<\/p>\n<p style=\"direction: ltr\">7 &#8211; ROI<\/p>\n<p style=\"direction: ltr\">In 2-3 year-period  <\/p>\n<p style=\"direction: ltr\">8- Investor\/Partner: will be given the option to either invest and have the payback time as one year and a half, and then exist the partnership\/venture or remain and continue the journey.  <\/p>\n<p style=\"direction: ltr\"><strong>+++ Please message me privately if you are interested to receive all the necessary details of the opportunity. You may WhatsApp me at +966582724212.  <\/strong><\/p>\n<p style=\"direction: ltr\">Thank you!  <\/p>\n<p style=\"direction: ltr\">\n<p style=\"direction: ltr\">\n","protected":false},"author":57,"featured_media":8670,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","iawp_total_views":4,"footnotes":""},"department":[64],"class_list":["post-9783","project","type-project","status-publish","has-post-thumbnail","hentry","department-venture-capital-en"],"acf":[],"taxonomy_info":{"department":[{"value":64,"label":"Venture Capital"}]},"featured_image_src_large":["https:\/\/vcmem.com\/wp-content\/uploads\/jet-form-builder\/87ce599dc491a4e3543bc9c1d162352a\/2023\/07\/aisolutions600.jpg",600,461,false],"author_info":{"display_name":"Salha Assiri","author_link":"https:\/\/vcmem.com\/en\/author\/salha-assiri\/"},"comment_info":0,"_links":{"self":[{"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/project\/9783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/project"}],"about":[{"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/types\/project"}],"author":[{"embeddable":true,"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/comments?post=9783"}],"version-history":[{"count":0,"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/project\/9783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/media\/8670"}],"wp:attachment":[{"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/media?parent=9783"}],"wp:term":[{"taxonomy":"department","embeddable":true,"href":"https:\/\/vcmem.com\/en\/wp-json\/wp\/v2\/department?post=9783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}