Retail stores are set to appear fundamentally different because of how the retail industry is changing to match the demands of present-day consumers.
Computer Vision
Cameras and image processing algorithms to detect and track customers, their movements, and the products they pick up. This technology allows the store to identify which items customers have taken and put into their baskets.
Touchless checkout
Refers to a retail or payment process that allows customers to complete their purchases without physically interacting with traditional checkout methods, such as cashiers or payment terminals. It aims to provide a contactless and convenient shopping experience, particularly in situations where minimizing physical contact is important, such as during a pandemic or for improved efficiency.
AI-powered stores
Also known as AI-driven or smart stores, leverage artificial intelligence technologies to enhance various aspects of the retail experience. These stores integrate AI capabilities into different areas, including inventory management, customer interactions, and personalized recommendations.
Sensor Networks
Sensor networks, including RFID (Radio Frequency Identification) and NFC (Near Field Communication) tags, are used to track the location and movement of products within the store. These tags can be attached to individual items or placed on shelves to monitor inventory levels in real-time.
Automated Checkout and Payment Systems
Instead of traditional checkout counters, autonomous stores use automated checkout systems. These systems often involve mobile apps or electronic wallets that allow customers to scan items themselves and complete the payment process digitally. Some stores also use biometric identification, such as facial recognition or palm scanning, for seamless authentication.
Smart Shelving and Product Recognition
Smart shelving uses weight sensors or pressure-sensitive pads to determine when items are picked up or returned to the shelves. Product recognition technologies, such as barcode scanners or visual recognition systems, assist in identifying products accurately
Digit7’s Next-Gen solutions leverage emerging technologies to enable retailers to enhance their operations, improve customer experiences, and gain a competitive edge in the retail industry.
