'AI in the Retail Industry: 10 Computer Vision Startups to Follow in 2021' by SiaSearch retailtechnology retailtech
: RADAR is a fully integrated hardware and software solution to automate inventory management using RFID and computer vision techniques. Their mission is to streamline inventory management via automated inventory counts, improved in-store replenishment and instantaneous customer stock checks.: Singapore-based startup Trax provides an in-store solution that uses a combination of computer vision models and hardware to keep track of their inventory in real time.
Valet Market designed by Accel Robotics—to enter the store, shoppers simply download the app and scan their phone at the turnstile.: With roots in MIT’s artificial intelligence labs, StopLift analyzes security video and POS data to distinguish between legitimate and fraudulent behavior at checkout.
Real-time visibility is essential to operating brick-and-mortar retail. That’s why more and more retailers are employing computer vision in an effort to increase operational efficiency, better the customer experience, and gain an edge over competitors. Early adopters are already seeing great results—according to estimates from RBC Capital Markets analysts, cashierless Amazon Go stores bring in about
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