AI and IOT Driven Cashierless Retail

The Problem

The entire retail industry is shifting to a model where cashiers will no longer be required. Leading tech giants have showcased how the concept of cashierless technology works. Basically, in a cashierless store, customers shop and leave without having to wait in queues to pay at checkout. Multiple technologies work in the background to make the shopping experience frictionless and without human intervention. Can new technologies be used to transform shopping experiences for retail businesses at an affordable cost?

Solution

IOT sensors, Cameras and AI models deployed on Kranium can work together to deliver a cashierless shopping experience for retail businesses. Customers can simply walk in, get the products they need and leave. The technology infrastructure in the background ensures no products are stolen and customers are automatically charged for the products they take. This technology is much more cost effective than traditional checkout systems and can improve the standards of retail shopping.