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September 4, 2020 09:25 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ED5D1lx1oTA/storelift-launches-autonomous-convenience-stores-using-ai-and-computer-vision
Storelift Launches Autonomous Convenience Stores Using AI and Computer Vision
schwit1 shares a report from VentureBeat: As physical retail struggles amid the global pandemic, storeowners are rapidly trying to adapt to new realities that also include growing competition from Amazon. But a French startup called Storelift believes it can create a new convenience store concept that leans on many of the same AI and computer vision tools used in Amazon Go stores to reinvent the shopping and checkout experience. This week, Storelift announced that it has launched its first two stores under the name "Boxy." The Boxy stores are repurposed shipping containers that can be plopped down in various urban neighborhoods that lack good shopping options. The founders believe their approach demonstrates how businesses can exploit new shopping niches with the help of sensors, data, and AI that allows them to optimize their inventory and reduce costs. To shop at Boxy, a customer downloads the Boxy app on their smartphone and then scans the QR code to enter the store. When customers take a product, it is identified through the computer vision algorithms and the weight sensors on the shelves. When the customer leaves, they scan their QR code again and checkout happens automatically. The key to improving efficiency is the data the company is collecting as people shop. The shelves that detect weight, along with computer vision cameras, know when a product is picked up, looked at, and then either put in the basket or back on the shelf. In some cases, because the company knows a customer is possibly interested in a product, they can offer a discount on the spot to nudge them along. Internally, the company's machine learning system is analyzing gestures and decisions made by the customer to suggest improvements in product selection, pricing, and placement.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ED5D1lx1oTA/storelift-launches-autonomous-convenience-stores-using-ai-and-computer-vision
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