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VusionGroup
Commerce technology company From Wikipedia, the free encyclopedia
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VusionGroup provides IoT & Data solutions[buzzword] for physical commerce, serving over 350 large retailer groups around the world in Europe, Asia and North America.
 | This article contains translated text and the factual accuracy of the translation should be checked by someone fluent in French and English. (December 2024) |
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History
Created under the name "Store Electronic Systems" (SES) in 1992, SES equipped its first store with electronic shelf labels (ESLs) in 1993.
Listed on the Paris stock exchange in 2006, the company expanded its international business with offices in Asia and Latin America in 2007.
In 2012, Thierry Gadou became chairman and CEO of the company. Connected electronic shelf labels (NFC) are installed during the same year.[1]
In 2014, a strategic alliance is signed with imagotag GmbH (Austria)[2] and Store Electronic Systems became SES-imagotag.
In 2015, SES-imagotag signs the largest ever contract of the electronic shelf labeling market.[3]
In 2016, the Group signed an exclusive contract with Jysk Nordic,[4] highlighting a rising interest from non-food retailers in the solutions[buzzword] provided by the Group. A trend confirmed by another deal signed with Sephora to equip the cosmetics retailer French stores.[5]
In 2018, the company launched a digital and IoT platform operating on Microsoft's cloud, which aims to provide a better customer experience and store efficiency.
In 2024, SES-imagotag changed its name to VusionGroup.[6]
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Economic information
Summarize
Perspective
VusionGroup has over 850 employees. VusionGroup's sales reached €1,011 million in 2024 (an increase of 25% from 2023).[7]
In 2018, SES-imagotag and BOE Technology (a Chinese global semiconductor display group and supplier of IoT technologies) join forces, the latter holding 79.94% of SES-imagotag's share capital.[8] BOE Technology has since gradually reduced its holding to 25% as of May 2025 and the free float has increased to roughly 47%.[9] According to the companies investor relations FAQ page, the largest shareholders also include E Ink and Qualcomm.[10]
In 2023, VusionGroup sold 350 million Electronic Shelf Labels in 45,000 stores and has nearly 350 customers in more than 60 countries. Its main contracts are: Carrefour, Colruyt, Edeka, Lidl, The Co-operative Group, and Walmart. The Walmart contract was extended in December 2023 to cover the entire Walmart US 4600 store fleet.[11]
Offices and clients
VusionGroup represented worldwide and has 25 sales offices in 18 countries.[12]
Partnerships
- In 2019 with Cisco to develop WiFi embedded IoT infrastructure for physical commerce.[13]
- In 2024 with Strongpoint to integrate in store picking software. [14]
- in 2024 with Exeger to develop indoor lighting powered shelf labels. [15]
- In 2025 with NielsenIQ to integrate point of sales data, shelf insights and consumer data.[16]
- Has Resellers network of 156 companies presenting company worldwide
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See also
References
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