The retail industry is more dynamic than ever. If we compare it with what it is now and what it was ten years ago...
Smart Retail
Retail companies are making a greater push towards providing a personalized and unified shopping experience for online and in-store consumers. IoT in the retail market has been estimated to grow at a CAGR of 23.6% from $21.6. billion a year in 2020 to $62.5 billion in 2025 (source: Markets and Markets).
The need to understand consumer behaviour, even in offline channels, pushes the retail stores to look for omnipresent analytics by interconnecting the sensors, cameras, and point of sale equipment at the site to drive unified intelligence. Moreover, consumers are seeking stores that deliver an end-to-end connected experience via mobile apps, contactless payment solutions, AR/VR, smart cards, biometrics and host of other technologies and solutions. To achieve all this seamlessly, all functions such as supply chain, inventory management, product tracking and monitoring, mobile/web-based apps, point of sale, must integrate to provide an autonomous retail experience. eInfochips has strong expertise in designing AI based video analytics solution that can help with planning in-store promotional strategies, theft detection, improving staff responsiveness and boosting operational efficiency.
eInfochips (An Arrow Company) is an expert in providing end-to-end retail transformation services. With over 25 years of OT-IT integration expertise, we have helped one of the top 10 retailers in the world to design cost effective solutions for their stores. The solution spans IP camera design and development, smart digital shelf, interactive digital signage solutions, PoS systems (including contactless payment), Video management solutions, cloud enablement, Edge-based machine learning, mobility, e-commerce solutions, and more. We help our clients in building a comprehensive connected retail solution from the storefront to the back office. eInfochips has designed and deployed multiple solutions for its end clients including In-store retail surveillance, Handheld scanners, Point-of-Sale terminals, Digital Signage Solutions, Inventory management solutions, e-commerce Solutions and many more.
Why eInfochips for Smart Retail?
Experts in image based search algorithms for image capture-search-buy in e-Commerce
Enabled Retail transformation for 2000+ stores
Developed In-store surveillance solution for the world’s 4th largest grocery store chain
Developed 25k smart shelves, 30k handhled scanners, 70k cameras, 560k temp. sensors,2k humidity sensors and 5k weight sensors
“Top 10 retail security solutions provider” in Retail CIO Outlook magazine
Expertise in both in-store and online customer shopping solutions
Key Offerings
- Retail video surveillance solutions, including video acquisition, compression, transmission, display, consumption and storage.
- In-store Retail video analytics for people counting, footfall analysis, queue monitoring, customer journey mapping, etc.
- Inventory Management: Developing RFID based tags, shelf pads, handheld barcode scanners for tracking and monitoring inventory needs
- POS systems: End-to-end design solutions with custom workflows and user experiences
- Mobile and Ecommerce enablement for smart shopping experience.
- Interactive Digital signage solutions – from concept to product
- Video Management Software with motion detection, privacy mask, bandwidth adjustable remote viewing, camera mapping and local/remote collaborative video investigation.
- EzVisual Search: Visual Search algorithms based on Content-based image retrieval (CBIR) techniques
Solution Spotlight: Connected Smart Retail
Helping retailers maximize business opportunities with IoT
The technology at the consumer landscape is changing faster than ever. Customers are in constant lookout for convenient and innovate ways for smarter shopping experience. Retailers are looking for technologies that can optimize the store operations and enhance the customer in-store/online experience. We help retailers overcome the technological challenges with solutions to provide a truly connected retail, for cost optimization and better shopping experience to their customers.
Know more about Snapbricks IoT Gateway
Sensor Enabled Energy Saving Solutions
We help to integrate your sensors in refrigerators, air conditioners, lighting, doors, etc. for monitoring and managing the energy consumption.
Path to Purchase Mapping
Enhance customer shopping experience by understanding customer journey using pre and post purchase behavior analysis, dwell time analysis, check-out counter queuing, etc. Self-checkout using sensor enabled smart carts.
Vending Process Optimization
Building intelligent shelves for automatic order replenishment triggers to store managers, ordering platforms, and vendors (as preferred).
Remote Asset Diagnostics & Preventive Maintenance
Enabling triggers for preventive maintenance, by remotely analysing equipment/device performance indicators such as device uptime, temperature, vibrations, power consumption etc.
In-Store Navigation
Provide personalized phygital (physical + digital) shopping experience to the customers by enabling welcome messages, guiding to the product placements, providing product info, coupons in their smart phone/device/cart app.
PoS Integration
Harmonize your data by integrating your insights from different applications with Point of Sale data. Get a complete view of retail sale activities to enhance the operations across supply, marketing, and sales.
Queue Management
Enhance the shopping experience by reducing the queue time at checkout counters, with insights from the queue count and wait time. Predicting customer queuing for better allocation of staffs at your checkout counter.
Theft Prevention
Continuously measure the number of people entering your store. The insights will help in calculating conversion rates, average value transaction, staff to customer ratio, replenishment cycles etc. and helps you in being better prepared for seasonality, peak demand days, marketing promotions etc.
Food Freshness Monitoring
Keep a constant vigil on the freshness of food by integrating biosensors with sensors for temperature and humidity at the cold storage units.
Foot Fall Analysis
- Store traffic analysis
- Ratio of traffic to sales conversion
- Store floor optimization
- High performing zones (for product placements)
- Item stock-out prediction
- Checkout counter queue prediction
- Vending machine operational analytics
Success Stories
Accelerating potential every day
The client is an omni-channel retail player addressing both eCommerce and in-store customers, and operates...
The omni-channel retail client caters to eCommerce and in-store customers, as it operates as a warehouse...
