Joe Jensen, VP, Internet of Things Group and GM, Retail Solutions Division for Intel01.14.18
At Intel, we believe in the transformative power of data, and that intelligent data management for real-time insights isn’t just a competitive advantage, but a strategic imperative. Our goal is to help retailers unify and connect every single shopping experience – from brick and mortar to online – respond more effectively to customers, and reinvent the retail experience.
At last year’s NRF, Intel announced responsive retail IoT technologies and a $100 million investment in advancing retail innovation. One year later, we are seeing measurable results as our responsive technologies have been adopted by retailers in nearly 60 stores with 2,000 sensors, and 26 partners aligned to the vision to scale in a variety of environments. Through Intel Capital, investments were made in robotics,artificial intelligence (AI) and Internet of Things (IoT) automation. Intel has activated the retail ecosystem to deliver off-the-shelf, market-ready solutions, addressing some of retail’s biggest challenges – to change the way consumers shop, accelerate automation and manage their businesses.
Across the globe, leading retailers are modernizing by embracing technologies such as IoT, AI and analytics to personalize the customer experience and reshape the supply chain. One example is JD*, one of the largest online retailers in China. It has opened its first staff-free store called D-Mart* at its company headquarters. Staff-free stores are a growing international trend bringing the conveniences of online retailing into the physical shop.
Imagine walking into a D-Mart store in the middle of the night, selecting an item, paying and leaving without any human interaction. Still, there’s a detailed data footprint of the transaction from which actionable insights can be drawn. How? The store is equipped with a responsive technology suite that includes smart shelves, intelligent cameras, gateways and sensors, smart counters for frictionless checkout, as well as smart digital signage.
JD’s staff-free store leverages a suite of Intel responsive technologies that range from edge computing to digital signage to point of sale (POS) solutions. The two companies will continue to collaborate on developing IoT solutions that reimagine the future of brick-and-mortar stores to help over 6.8 million mom and pop retailers throughout China meet customers’ expectations and remove existing sales barriers.
Intel-powered solutions help retailers transform their supply chains. G-Star*, a leading Dutch retailer piloted the Intel® Responsive Retail Sensor in over 20 stores, and has plans to scale globally to an additional 100 stores. Used in tandem with RIOT* insight software for analytics, the Intel based solution provides data-driven insights into what’s selling and what’s not, and which items need to be replenished so the retailer can make informed inventory management decisions.
Lolli & Pops*, a retailer of gourmet candies uses computer vision and AI to provide the next generation of personalized customer experience. Through computer vision,Lolli & Pops “Magic Makers” recognize loyalty members in real time as they enter the store. Then, using AI-enhanced analytics, they access members’ preferences and make personalized product recommendations – giving shoppers the sweet VIP treatment, while ensuring that they keep coming back.
Point of sale equipment can lower the cost of doing business while simultaneously improving productivity. These innovative solutions will also enable transactions at the point of conversion and give customers the power to decide when, where and how they purchase. At NRF 2018, over 30 Intel partners will feature Intel-based solutions designed to help solve retail’s biggest challenges. New solutions like HP’s Elite POS*, Toshiba’s next-generation self-checkout system - the POS AIO*, andLenovo’s new mPOS* will offer retailers the flexibility, built-in security and manageability to simplify and streamline the transaction process.
Through the combination of our technology innovation and strong partner ecosystem, we are helping build a bright future for retail, where the best years are yet to come.
At last year’s NRF, Intel announced responsive retail IoT technologies and a $100 million investment in advancing retail innovation. One year later, we are seeing measurable results as our responsive technologies have been adopted by retailers in nearly 60 stores with 2,000 sensors, and 26 partners aligned to the vision to scale in a variety of environments. Through Intel Capital, investments were made in robotics,artificial intelligence (AI) and Internet of Things (IoT) automation. Intel has activated the retail ecosystem to deliver off-the-shelf, market-ready solutions, addressing some of retail’s biggest challenges – to change the way consumers shop, accelerate automation and manage their businesses.
Across the globe, leading retailers are modernizing by embracing technologies such as IoT, AI and analytics to personalize the customer experience and reshape the supply chain. One example is JD*, one of the largest online retailers in China. It has opened its first staff-free store called D-Mart* at its company headquarters. Staff-free stores are a growing international trend bringing the conveniences of online retailing into the physical shop.
Imagine walking into a D-Mart store in the middle of the night, selecting an item, paying and leaving without any human interaction. Still, there’s a detailed data footprint of the transaction from which actionable insights can be drawn. How? The store is equipped with a responsive technology suite that includes smart shelves, intelligent cameras, gateways and sensors, smart counters for frictionless checkout, as well as smart digital signage.
JD’s staff-free store leverages a suite of Intel responsive technologies that range from edge computing to digital signage to point of sale (POS) solutions. The two companies will continue to collaborate on developing IoT solutions that reimagine the future of brick-and-mortar stores to help over 6.8 million mom and pop retailers throughout China meet customers’ expectations and remove existing sales barriers.
Intel-powered solutions help retailers transform their supply chains. G-Star*, a leading Dutch retailer piloted the Intel® Responsive Retail Sensor in over 20 stores, and has plans to scale globally to an additional 100 stores. Used in tandem with RIOT* insight software for analytics, the Intel based solution provides data-driven insights into what’s selling and what’s not, and which items need to be replenished so the retailer can make informed inventory management decisions.
Lolli & Pops*, a retailer of gourmet candies uses computer vision and AI to provide the next generation of personalized customer experience. Through computer vision,Lolli & Pops “Magic Makers” recognize loyalty members in real time as they enter the store. Then, using AI-enhanced analytics, they access members’ preferences and make personalized product recommendations – giving shoppers the sweet VIP treatment, while ensuring that they keep coming back.
Point of sale equipment can lower the cost of doing business while simultaneously improving productivity. These innovative solutions will also enable transactions at the point of conversion and give customers the power to decide when, where and how they purchase. At NRF 2018, over 30 Intel partners will feature Intel-based solutions designed to help solve retail’s biggest challenges. New solutions like HP’s Elite POS*, Toshiba’s next-generation self-checkout system - the POS AIO*, andLenovo’s new mPOS* will offer retailers the flexibility, built-in security and manageability to simplify and streamline the transaction process.
Through the combination of our technology innovation and strong partner ecosystem, we are helping build a bright future for retail, where the best years are yet to come.