OMNIQ Corp. (NASDAQ: OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services provided by the Company help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments. OMNIQ’s customers include government agencies and leading Fortune 500 companies from diverse sectors, including healthcare, food and beverage, manufacturing, retail, distribution, transportation and logistics, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in more than 40 countries. The Company currently addresses several billion-dollar markets with double-digit growth, including the Global Safe City market, forecast to grow to $29.6 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023.
omniQ’s existing significant scalability is due to the large markets we serve, as omniQ’s AI product line answer these markets’ needs today and tomorrow.