| VusionGroup | |
| Type: | Subsidiary |
| Foundation: | 1992 |
| Location City: | Nanterre |
| Location Country: | France |
| Key People: | Thierry Gadou, Chairman & CEO |
| Industry: | Electronic shelf labels Digital solutions Services Computer vision Artificial intelligence Instore Retail Media Retail Intelligence Industrial IoT IoT Plateform |
| Revenue: | €621 million (2022) |
| Num Employees: | 850 (2023) |
| Parent: | BOE Technology |
| Website: | https://vusion.com |
VusionGroup provides IoT & Data solutions for physical commerce, serving over 350 large retailer groups around the world in Europe, Asia and North America.
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 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]
VusionGroup has over 850 employees. In the first half of 2022, VusionGroup's sales reached €285.9 million (an increase of 41% from 2021).
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.[7]
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: Euronics, Dixons, Coop, Jula, Colruyt, Carrefour, Sharaf DG or Etisalat and Walmart.
VusionGroup represented worldwide and has 25 sales offices in 18 countries.