March 31, 2022:
Let me introduce you to another way Artificial Intelligence (AI for short) is being used across the globe to help CPG Brands, Distributors and Retailers execute more efficiently and understand the shopper better. Deploying AI technology across your enterprise can help front line field teams and their Executive Leadership make better decisions.
Every picture tells a story, don’t it?
Thank you for allowing me to introduce Vision IoT, AI driven technology that focuses on delivering insights from bricks and mortar retail using proprietary cameras and AI technology to monitor everything from shopper behavior to cooler temperature changes throughout the day. Over the next several months, I’ll explore all the ways this technology is being deployed throughout the industry, case studies, and new ways to leverage this technology in your business. There are many stories to tell about Vision IoT.
The Future Cooler
Actually, a more accurate description would be that Vision IoT pulls your current cooler into the future. There are millions of coolers installed across the world. Coolers used to merchandise brands like Pepsi and Coke at Walmart, sandwiches and snacks in a freestanding cooler in a fancy convenience store, to beverages placed in an open-air cooler at Starbucks. We can’t forget the cooler for Ice Cream, Milk, Cheese, meat and Frozen Pizzas. (no one likes to eat their vegetables anyway- sorry General Mills). If you have products merchandised in coolers, you understand how many types of coolers are placed in a given retail store. You might wish you better understood the impact each cooler has on sales. If you are priveldged to have multiple coolers in a retail outlet, which cooler position yields the highest ROI. If you are in the dairy business, which cooler bay is more productive for that store. In both cases, understanding shopper behavior for your brands and those of the category would be incredible. If you work behind the bar or in the kitchen, making sure your equipment is operating properly and well stocked is critical in maximizing revenue.
Here’s the problem....
No one really understands the ROI of any cooler. A piece of equipment that is so vital to so many businesses, ubiquitous across all types of retailers, and no one really knows. Being in the beverage industry for much of my life, I could never tell you how much was sold at any given checkout lane in a walmart- was lane 2, better than 7? No data. I can only imagine the issues faced by those in the food service industry. What’s exciting now, are the technological solutions coming from AI to the Retail and Foodservice industries to help solve these problems while making current capital investments generate more value for brands.
Say Hello to VisionIOT
Vision IoT connects retail assets enabling CPG brands and retailers to measure, analyze, and optimize the efficiency of these assets and the representatives responsible. Vision IoT successfully created the world’s first and only device-agnostic IoT platform for connected retail assets that seamlessly integrates with third-party controller OEMs across the globe. Our innovative IoT solutions transform a retail store into digital insights that maximize sales and elevates the customer experience.
Headquartered in Chantilly, Virginia Vision IoT also has regional offices across India, China, Bulgaria, and Brazil to support millions of connected devices on our platform for our clients across over 40 countries. Vision IoT is a leading innovator in ground-breaking Internet of Things (IoT) products for the retail industry. Since its inception, Vision IoT has built an impressive portfolio of patented technologies. Today, we can boast several of the Fortune 500 companies in our client list, which is constantly growing as we scale our platform to new client groups and use cases.
We leverage our vast machine learning, AI, and image recognition development capabilities in addition to our deep experience in the Retail/CPG industries to build the world’s #1 device agnostic connected asset platform. Our Harbor IoT platform connects millions of coolers, espresso machines, pallets, and freezers globally, in addition to directly integrating critical applications for field service reps and salespeople. We also offer a comprehensive suite of management dashboards and analytics to give management unparalleled insights into their field operations.
For more information connect with the Vision IoT team: rishabh@visioniot.com and austin.groves@visioniot.com | 703-981-9354
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