Chantilly, Virginia January 14th, 2021: eBest IoT (or the “Company”) announced the completion of a rebranding initiative to the new name of Vision IoT as part of a larger company-wide effort to highlight the company’s Harbor IoT platform, and it’s competitive advantages in the areas of AI and Machine Vision. In addition, Austin Groves has rejoined the company as their new Chief Executive Officer.

“Our company is entering into a new period of exponential growth” said Karan Bakshi, former CEO and now President of Vision IoT “Our Harbor IoT platform is connecting thousands of new devices and delivering valuable analytics to our customers every day, helping them increase sales and efficiency in markets across the globe. Even while navigating a global pandemic, 2020 proved to be a year of unprecedented growth in terms of new clients and innovation. I believe 2021 will be a defining year for the company as we shift our focus away from individual devices and towards our device-agnostic Harbor IoT Platform. I can think of no one better than Austin to lead us through this transition and make our clients successful. Austin and I were the company’s first employees when we began this journey seven years ago, he understands the needs of our clients and our platform.”

Vision IoT is widely known as the leading IoT platform in the consumer goods and retail space. Vision IoT connects millions of remote assets for customers in over 40 countries delivering actionable and prescriptive analytics to client field representatives and management allowing them to solve problems like out of stocks, planogram compliance and lost assets before they occur.

“I’m humbled and honored for this opportunity to lead Vision IoT into this new period of exponential growth” said Groves. “My number one focus will be ensuring the success of each one of our clients, ensuring they are delighted to work with us each day. Due to the immense size and number of new opportunities in our pipeline, I will be focused on expanding our brilliant team to help accelerate our position as the market leader. In the weeks ahead we will also announce two new revolutionary, low-cost IoT solutions that will solve mission critical issues for our clients in the areas of out of stocks and asset tracking.”

The company’s updated website containing Vision IoT’s full product suite, in addition to a deep dive on the Harbor IoT platform can be viewed at Visioniot.com

About Vision IoT Inc.

Vision IoT connects retail assets enabling CPG brands and retailers to measure, analyze, and optimize the efficiency of these assets and the representatives responsible. Vision IoT successfully created world’s first and only device-agnostic IoT platform for connected retail assets that seamlessly integrates with third party controller OEMs across the globe. Our innovative IoT solutions transform a retail store into digital insights that maximizes sales and elevates the customer experience.

Headquartered in Chantilly, Virginia Vision IoT also has regional offices across India, China, Bulgaria, and Brazil to support millions of connected devices on our platform for our clients across over 40 countries. Vision IoT is a leading innovator in ground-breaking Internet of Things (IoT) products for the retail industry. Since its inception, Vision IoT has built an impressive portfolio of patented technologies. Today, we can boast several of the Fortune 500 companies in our client list, which is constantly growing as we scale our platform to new client groups and use cases.

We leverage our vast machine learning, AI, and image recognition development capabilities in addition to our deep experience in the Retail/CPG industries to build the world’s #1 device agnostic connected asset platform. Our Harbor IoT platform connects millions of coolers, espresso machines, pallets, and freezers globally, in addition to directly integrating critical applications for field service reps and salespeople. We also offer a comprehensive suite of management dashboards and analytics to give management unparalleled insights into their field operations.

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