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    TMV   DE000A2YN900

TEAMVIEWER AG

(TMV)
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TeamViewer Partners with Google Cloud to Deliver Enterprise Augmented Reality Solutions on Google Glass

10/12/2021 | 09:00am EST

TeamViewer announced a new partnership with Google Cloud to bring its augmented reality (AR) solutions to Google Cloud. Through this partnership, TeamViewer and Google Cloud are co-developing and co-marketing enterprise AR solutions built on Google Cloud to better serve customer needs. The first jointly developed solution 'Assisted Order Picking' is a hands-free order picking application that leverages Google Glass Enterprise Edition 2 smart glasses equipped with TeamViewer's vision picking software from its Frontline suite, focusing on improving omnichannel fulfillment for grocery stores and retailers. Connected to a retailers' or grocers' order fulfillment systems to update inventory in real-time, associates receive the information they need to fulfill the orders within the display of Google Glass. This heads-up display capability enables associates to use both hands to locate and pick the correct items, improving pick rates anywhere from 15-40%. At the same time, it provides new data insights to retailers servicing the increasing demand from customers for buy-online and pick-up in store (BOPIS) and same-day delivery options. This announcement builds on a partnership initiated with Upskill, a pioneer in industrial AR solutions, that was acquired by TeamViewer in March 2021.


ę S&P Capital IQ 2021
All news about TEAMVIEWER AG
12/01TEAMVIEWER AG : Sojung Lee Appointed as New President for the Asia-Pacific Region at TeamV..
EQ
11/30TeamViewer Announces Appointment of Sojung Lee as President for Asia-Pacific Region
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11/30TEAMVIEWER AG : Notification and public disclosure of transactions by persons
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11/26TEAMVIEWER : DZ Bank remains Neutral
MD
11/23Ford Technical Assistance Center Uses TeamViewer Frontline Augmented Reality Solution t..
CI
11/16TEAMVIEWER : RBC maintains a Buy rating
MD
11/16TEAMVIEWER : UBS reaffirms its Neutral rating
MD
11/15TEAMVIEWER AG : Notification and public disclosure of transactions by persons
EQ
11/12TEAMVIEWER : Deutsche Bank sticks Neutral
MD
11/11TEAMVIEWER : Gets a Buy rating from JP Morgan
MD
More news
Analyst Recommendations on TEAMVIEWER AG
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Financials
Sales 2021 502 M 567 M 567 M
Net income 2021 48,0 M 54,3 M 54,3 M
Net Debt 2021 319 M 361 M 361 M
P/E ratio 2021 47,1x
Yield 2021 -
Capitalization 2 257 M 2 552 M 2 552 M
EV / Sales 2021 5,14x
EV / Sales 2022 4,12x
Nbr of Employees 1 506
Free-Float 80,0%
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Technical analysis trends TEAMVIEWER AG
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 11,23 €
Average target price 19,99 €
Spread / Average Target 78,1%
EPS Revisions
Managers and Directors
Oliver Steil Chairman-Executive Board & CEO
Stefan Markus Gaiser Chief Financial Officer
Abraham Peled Chairman-Supervisory Board
Mike Eissele Chief Technology Officer
Karl Markgraf Chief Operations Officer
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