Artificial intelligence (AI) market in the retail industry is expected to grow from $6 billion in 2023 to $31.84 billion in 2028 and reach Market value of $85 billion by 2033
Retailers and brands worlwide are rapidly implementing AI technology to optimise processes in retail stores. Digital transformation is helping to drive automation for both online and offline services.
Why using AI
Top cases how your business can benefit
Increase supply chain efficiencies
by automatization of processes and reducing routine, time-consuming tasks.
Improve customer
satisfaction
by reducing shopping time with automated checkouts to more personalized discounts to offering round-the-clock customer service with chatbots.
Optimize product location
by suggesting the best place to stock products based on different data points and computer vision to monitor behavior and identify where customers typically find products.
Personalization leading to higher sales
by analyzing customer behaviour and previous purchases you can send more personalized offers and increase sales.
Reduce costs
by targeting those who are most likely to buy your products and by data analysis of best selling products and customers feedback
Enhance personnel planning
by managing staffing better and quicker as well as analysing data to find weak positions, integrate smart systems for control and motivation of personnel
Data-driven decisions
by analyzing data about previous advertising campaigns, promotions, and customer preferences, businesses can draw appropriate conclusions and better plan future actions.
Enhance security
by analyzing data in real time and identify unusual data movements. Using computer vision, cameras spot suspicious activity to detect potential theft, allowing stores to take appropriate action.
Where we can help
Smart Storage & Delivery
Remote environment control, Real-time data
Computer vision integration, Real-time goods availability, Supply chain optimization
Zonal access control, Worktime accounting
Alarm functions, Supply chain management
Connected Vehicles, Web platform
Barcode/QR tracking, IoT tracking
Smart Order & Decisions
CRM, Management based on equipment data, Order processing automatization, Web platform, Smart sales forecast, AI and ML implementation in decision-making processes, Business Intelligence decisions, Customized Real-Time analytics
Smart Store
Face recognition, Demographics, Audience segmentation, Smart customer statistics, Client identification, Customers heatmaps, Visitors counting, Outside people counter, Store equipment availability, Incidents detection, Behavior smart theft tracking, Smart mirror, Customer safety control, User experience & satisfaction, Incidents detection
Smart Shelves
Stock Keeping Unit identification, Planogram real-time conformity, Merchandising optimization, Price tags conformity, Supply chain optimization, Minimize out-of-stock situations, Reduce slow-moving items, Smart customer statistics for every item, Remote control & notifications, Mobile app/web platform
Smart Cashier Zone & Employees control
Incidents detection, Behavior based smart theft detection, Cash Register integration with CCTV, Lines control, Employees safety control, Worktime accounting, Zonal access control, Employees efficiency control
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