January 10, 2024
The convergence of Artificial Intelligence (AI) and the Internet of Things (IoT), known as AIoT, yields intelligent video systems that catalyze data-driven decisions and actionable business insights, ultimately generating value for retailers. By leveraging high-definition cameras and AI analytics, AIoT powered video systems offer features like remote inspection, crowd density monitoring, heat mapping for popular items, and intelligent parking solutions. These features not only streamline store operations but also tailor the shopping environment to consumer preferences, ultimately contributing to higher satisfaction and loyalty.
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RetailCustomerExperience.com is devoted to helping retailers differentiate on experience, rather than on price. It is founded on the understanding that retail today is fundamentally different than any other time in its history, and staying competitive requires a new, holistic understanding of customers and how they want to shop.