Company’s AirPatrol platform to provide half-million square foot upscale shopping and entertainment center with foot traffic, store performance and customer engagement analysis
PALO ALTO, Calif. – Big data analytics and solutions provider Sysorex (NASDAQ: SYRX) today announced its AirPatrol platform has been chosen to provide retail analytics for a 540,000 square foot upscale shopping, dining and entertainment center north of Riyadh, Saudi Arabia. Sysorex’s AirPatrol technology will be used to collect detailed insights such as visitor counts, store performance and customer engagement to help mall management better understand its visitors and improve operations. The mall is one of 17 owned and operated by a Saudi-based retail property company.
“We are excited with the opportunity to bring our AirPatrol retail real estate analytics to this shopping center,” said Sysorex European Director and Head of Retail Analysis, Peter Emery. “Our technology will provide unparalleled accuracy and insight into nearly every aspect of mall operations from how many people visit and how often they return, to the optimal store placement and configuration to ensure an outstanding customer experience and maximum engagement.”
The Saudi Arabian mall will be Sysorex’s first AirPatrol retail center installation in the Middle East. It is expected to be up and running in late August. Last month the company announced another AirPatrol installation in the nearby country of Qatar where it will be used to provide security and asset management within communities housing workers for the country’s World Cup developments.
Sysorex develops the systems and solutions that power the data-driven enterprise. With an innovative approach to big data, analytics and the Internet of Things (IoT), we blend virtual data from software and networks with the huge volume of physical data generated by mobile devices and Internet-connected things to open new worlds of insight. Our unique solutions are helping organizations worldwide improve decision making, increase productivity, and fuel the discoveries of tomorrow. Headquartered in Palo Alto, California, we have regional offices in North America, South America, Europe and the Middle East. Visit Sysorex.com, follow us @SysorexGlobal and Link up on LinkedIn.
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All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Sysorex and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, the company’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in the company’s periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.
A. Sage Osterfeld, +1 (760) 707-0459
Sysorex Investor Relations:
Scott Arnold, +1 (516) 222-2560