Monday Nov 21, 2022
From Retail to E-tail: Computer Vision Reshaping the Retail Industry
The advent of online shopping has massively reshaped the retail industry. However, this doesn’t mean that traditional retail stores will go out-of-business. Many people still prefer in-store shopping, yet to stay competitive retailers need to work on providing great customer service and creating an engaging, very personalized experience.
Thanks to the use of connected cameras, AI-powered solutions can help speed up and automate many business operations like shelf management, payments, and product returns leading to improved profitability. Computer Vision-based applications can also help retailers better understand their customers´ habits to provide a richer end-to-end shopping experience. This includes improved store and parking security or enhanced in-store assistance and i.e. recommendations of a meal menu with sets of ingredients to buy that mirrors easy-shopping provided by e-commerce.
In this episode, Tikiri Wanduragala, Senior Solutions Consultant, and Valerio Rizzo, Lenovo EMEA Head of AI together with Philipp Müller, CEO at Signatrix will zoom in on where AI-powered solutions can really have an impact. Tune in to learn more!