OmniQ CEO Shai Lustgarten Discusses AI-Driven Automation and Recurring Revenue Strategy [Video]

OmniQ CEO Shai Lustgarten joined Steve Darling from Proactive to outline the company’s innovative approach to automation through its proprietary machine vision system, which utilizes AI to detect and identify objects without human intervention. Lustgarten emphasized OmniQ’s nine patented technologies, designed to improve efficiency across various sectors.

One key application, Q Shield, is making a notable impact in public safety, aiding municipalities in identifying stolen vehicles and solving missing person cases. He also highlighted OmniQ’s collaboration with NEC, leveraging OmniQ’s sensor technology to enhance facial recognition systems.

Looking ahead, Lustgarten revealed OmniQ’s strategic shift from one-time sales to recurring revenue streams, positioning the company for scalability and profitability, particularly in public safety and traffic management sectors.