Alpha Modus Allowed 2nd Patent Leveraging Artificial Intelligence for Monitoring and Analyzing Consumer Behavior

May 14, 2020
Alpha Modus Corp., a technology company with a core focus on artificial intelligence in retail and the financial markets, today announced that the United States Patent and Trademark Office has allowed for issuance a second Alpha Modus patent (to be issued from U.S. Patent Application Publ. No. 2019/0333081) entitled “Method for monitoring and analyzing behavior and uses thereof.” The claims of the soon to-be-issued patent generally covers “monitoring and analyzing consumer purchasing behavior in real-time to drive sales via engaging digital customer experiences.”

“There is tremendous interest in technology of this type in the retail industry, including products and services being employed by such industry giants as Walgreens, National Cash Register and Amazon. For that reason, we are particularly proud of this extension of claims in the family of U.S Patent No. 10,360,571. We are excited to continue to pursue new claims in further patent applications deriving from this seminal technology, which we invented in the form of the eyeQ platform several years ago.” stated William Alessi, Chief Executive Officer of Alpha Modus.

“eyeQ was created to deliver and measure the effectiveness of personalized shopping experiences in-store. We are continuing to see growing demand for digital innovation into the physical environment,” stated Michael Garel, Founder of eyeQ and Inventor of the patented technology.

About Alpha Modus

Alpha Modus Corp is a privately held company that offers technology as a service. Its core technologies have been deployed on IBM’s Bluemix platform and earned a Beacon Award by IBM 2016 for Best New Application on IBM Cloud from an Entrepreneur. Alpha Modus is recognized by IBM Watson as a thought leader in technology.

Learn more at www.alphamodus.com or follow us on Twitter.

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Alpha Modus Corp

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SOURCE: ACCESSWIRE