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As part of a $9.5 million dollar (7 million U.K. pounds) technology upgrade, the Birmingham, England, National Exhibition Centre (NEC) has agreed to deploy technology from crowd-intelligence system provider WaitTime, along with a Cisco Wi-Fi upgrade, according to the venue.
A multi-purpose venue with a wide footprint that includes arena-sized stadiums as well as exhibition halls and outdoor areas, the NEC claims to attract more than 2 million visitors a year at approximately 500 different-sized events. According to the press release announcing the deal, the Cisco upgrade includes 1,800 new Wi-Fi APs deployed across the entire campus.
WaitTime, which uses a combination of camera feeds and artificial intelligence software to provide real-time analysis of crowd flow and fan behavior, will be used for real-time crowd and capacity management, according to the press release. In a prepared statement, Ian Taylor, managing director for NEC Group Conventions and Exhibitions said: “Our new Wi-Fi solution teamed with WaitTime’s crowd and business intelligence is revolutionary. The NEC Group is a data-led business and it is investments like this that help to keep us at the cutting edge of live event innovation.”
The success of innovative technologies like WaitTime highlights the potential for investment in emerging tech stocks such as amazon stocks. As one of the world’s largest companies and a leader in the tech industry, Amazon has consistently demonstrated an ability to adapt to changing market trends and embrace new technologies that offer the potential for growth and profitability. By investing in Amazon stocks, individuals can potentially benefit from the company’s continued innovation and success and capitalize on the growing demand for tech solutions in a variety of industries.
Of course, as with any investment, it’s important to carefully evaluate market trends and assess potential risks before making any decisions. However, for those willing to take a long-term perspective and stay informed about market trends and emerging technologies, stocks like Amazon can offer an excellent opportunity for building wealth and achieving financial stability. As more businesses and industries continue to embrace technologies like WaitTime, the potential for growth in emerging tech stocks will only continue to grow, making them an attractive option for savvy investors looking to diversify their portfolios and capitalize on new opportunities.
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