Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Scandit launches ShelfView: intelligent and autonomous shelf management for retailers

Published

on

Scandit, the leader in Smart Data Capture, has launched ShelfView for retail. ShelfView is a smart data capture and analytics solution that enables real-time shelf visibility and empowers more intelligent and efficient store operations. Based on advanced computer vision technology, it enables retailers to effortlessly capture and process in-store data, such as pricing and inventory locations, to take action based on intelligence and accurate real-time information.

Ideal for grocers and stores with high-SKU volume, Scandit ShelfView addresses some fundamental challenges retailers are facing today to tackle razor-thin margins and drive cost optimization. Introducing in-store labour automation and robotics can help retailers add another 2-4% to their profitability according to McKinsey.  With rising labour costs, worker shortage and pressure to deliver omnichannel fulfilment, ShelfView automates routine tasks which are currently conducted manually and prone to error to maximise store associate efficiency and reduce employee turnover.

ShelfView’s initial capabilities will help retailers optimize three main workflows:

  • Accurate price and promotion label execution: ShelfView analyzes both labels and signage in real-time, either via mobile devices or autonomous robots, to inform store associates of required adjustments to optimize sales and increase price integrity.
  • Frictionless in-store order picking: Shelfview, with autonomous robots, provides accurate product locations to store associates resulting in lower substitution rates, decreased picking delays and delivering an optimized customer experience. Any one second saved in order picking can translate in up to $10 million of annual cost savings1.
  • Faster replenishment with precise in-store product localization: Via autonomous data capture, ShelfView can scan shelf and pallet labels to analyze the accurate location of pallets for replenishment. This can save stores up to 2.5 hours a day resulting in store associates being leveraged for more critical tasks2.

ShelfView gathers in-store intelligence to improve retail execution by leveraging existing infrastructure without the need for significant additional investment. The solution can be scaled chain-wide, scanning millions of images per day, which can be processed on device or in the cloud to deliver actionable insights. ShelfView works seamlessly with Brain Corporation’s BrainOS® AI platform to deliver an easily scalable, accessible and cost-efficient way to automate the collection of data via the use of robots. Utilizing a multi-purpose design, Inventory Scan is a powerful new accessory that can be fitted to autonomous floor scrubbers to autonomously scan key details on in-store inventory. Additionally, ShelfView can be applied to mobile devices already in use by store associates.

Scandit ShelfView enables retailers to:

  1. Boost operational efficiencies and reduce costs: ensure accurate pricing and promotion, accelerate the movement of inventory and reduce the low efficiency of in-store order fulfilment which erode profit margins. ShelfView increases productivity of store associates to quickly locate products or verify pricing and promotions.
  2. Expand workforce capacity: The hybrid approach of mobile devices and autonomous floor scrubbers enables retailers to expand the workforce by removing repetitive tasks from the employees and empowering them to focus on value adding tasks, such as customer engagement. Reducing tedious tasks aids retailers in retaining employees to reduce costly churn.
  3. Get real-time actionable intelligence and reduce errors: ShelfView delivers precise in-store inventory data to drive efficient shelf management and order fulfillment workflows. Enable store associates to correct store level issues before they affect sales.
  4. Improve customer experience and drive revenues: accurately placed, priced, and promoted inventory is essential to delivering a consistent in-store and online customer experience. Frequent and exact shelf management is vital to ensure a frictionless customer journey, particularly in today’s omnichannel world.

Christian Floerkemeier, CTO and Co-Founder of Scanditsaid: “All retailers understand that improving the in-store shopper experience is more important than ever, but doing so economically remains critical. Automating and simplifying routine tasks empowers retailers to maximise revenues while increasing the efficiency, value and engagement of their store associates. By leveraging our smart data capture capabilities, ShelfView can increase on-shelf product availability, improve the rate of online orders fulfilled and lift sales through accurate pricing and promotion labelling to achieve this.”

With industry-leading performance, Scandit ShelfView leverages augmented reality (AR), object recognition, object detection, optical character recognition, and other advanced computer vision technology to process images acquired through both mobile devices and autonomous data capture.

Artificial Intelligence

Sentrycs Secures Multimillion-Dollar Deals to Protect Military Bases in Europe

Published

on

sentrycs-secures-multimillion-dollar-deals-to-protect-military-bases-in-europe

Sentrycs’ technology-leading counter-drone solutions have been chosen to enhance the protection of military bases in Europe against small and commercial drones
TEL AVIV, Israel, May 29, 2024 /PRNewswire/ — Sentrycs – a global technology leader in the cyber-based RF segment of counter-drone solutions – announced strategic deals which will see the implementation of its advanced counter-UAS (Unmanned Aerial Systems) solutions across multiple military bases throughout Europe.

 
The field-proven Israeli technology provider will enable its customers to mitigate the immediate threats from small and commercial drones performing ISR (Intelligence, Surveillance, and Reconnaissance) missions over sensitive sites including military bases, and occasionally attacking forces as demonstrated in recent years in Ukraine-Russia conflict and in the Middle East.
Sentrycs solutions, employing proprietary protocol analysis technology, can passively detect those drones, track their flight, identify their model, unique serial number, and ID, enabling distinction between friendly and enemy drones. Once a drone becomes a threat, the system neutralizes the drone, landing it safely in a predefined zone.
The systems will be deployed either as a standalone or as an integral part of broader multi-layered C-UAS solution to enable effective protection against different kinds of drones.
“Winning these projects signifies a meaningful market recognition of Sentrycs’ unique capabilities and technology leadership,” said Yoav Zaltzman, CEO of Sentrycs. “Our commitment to ongoing innovation and our agility in adapting to the fast-changing threats, along with strong customer support allow us to provide a field-proven and effective long-term solution. We are proud to contribute to the security of our allies with our advanced counter-drone solutions.”
ABOUT SENTRYCS:
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative cyber over RF technology. Sentrycs field-proven solutions are designed to passively detect, track, identify, and where necessary, mitigate unauthorized drones. It is custom-built for various environments, including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way toward a safer and more secure drone-driven future. Learn more at www.sentrycs.com.
Photo: https://mma.prnewswire.com/media/2422731/Sentrycs_Portable_Kit.jpgPhoto: https://mma.prnewswire.com/media/2422732/Sentrycs.jpgLogo: https://mma.prnewswire.com/media/2422730/Sentrycs_Logo.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/sentrycs-secures-multimillion-dollar-deals-to-protect-military-bases-in-europe-302157168.html

Continue Reading

Artificial Intelligence

SciBase Announces the launch of eBarrier Score, the First AI-Driven Skin Barrier Assessment tool for research and Cosmetic Testing

Published

on

scibase-announces-the-launch-of-ebarrier-score,-the-first-ai-driven-skin-barrier-assessment-tool-for-research-and-cosmetic-testing

STOCKHOLM, May 29, 2024 /PRNewswire/ — SciBase Holding AB (“SciBase”) (STO: SCIB), a leading developer of artificial intelligence (AI)-based solutions for skin disorders is pleased to announce the launch of the eBarrier Score for Nevisense, the first-ever AI skin barrier assessment tool built for use in research and cosmetic testing. The eBarrier Score was announced today at the Cosmetotest cosmetic testing symposium in Lyon, France.

Researchers of the skin barrier and cosmetic products can now use Nevisense and the eBarrier Score to assess products and claims related to skin barrier function. The global market for cosmetic products aiming to improve people’s skin barrier is experiencing immense growth.
Nevisense and the eBarrier Score utilize AI-generated algorithms that researchers can use to directly quantitate the severity of skin barrier dysfunction related to common skin disorders.
In a recently published study (Skin Barrier Function Assessment: Electrical Impedance Spectroscopy Is Less Influenced by Daily Routine Activities Than Transepidermal Water Loss – https://anndermatol.org/DOIx.php?id=10.5021/ad.23.052) the first direct comparison between electrical impedance spectroscopy (EIS) using Nevisense and trans-epidermal water loss (TEWL) was made. The study demonstrates Nevisense being a more robust technique to assess skin barrier function than the within research commonly used TEWL measurement technique.
“We are thrilled to introduce the eBarrier Score to the cosmetic research market,” said Pia Renaudin, CEO of SciBase. “Every day, there are new cosmetic products related to skin barrier function. The Nevisense eBarrier Score is already an established tool in the medical research field and bringing it to the cosmetic research market will truly benefit consumers.”
For more information on the eBarrier Score and SciBase’s other research or medical products, visit scibase.com. In February SciBase announced a partnership with Skinobs, a leading global platform connecting researchers with the tools they need for their cosmetic and medical research. Through this partnership, SciBase can now offer Nevisense and eBarrier for assessing skin barrier function within cosmetic testing on the Skinobs platform.
For additional information, please contact:Pia Renaudin, VD, tel. +46732069802, e-mail: [email protected] Advisor (CA):Vator SecuritiesTel: +46 8 580 065 99Email: [email protected]
About SciBase:
SciBase is a global medical technology company, specializing in early detection and prevention in dermatology. SciBase develops and commercializes Nevisense, a unique point-of-care platform that combines AI (artificial intelligence) and advanced EIS technology to elevate diagnostic accuracy, ensuring proactive skin health management.
Our commitment is to minimize patient suffering, allowing clinicians to improve and save lives through timely detection and intervention and reduce healthcare costs.
Built on more than 20 years of research at Karolinska Institute in Stockholm, Sweden, SciBase is a leader in dermatological advancements.
The company has been on the Nasdaq First North Growth Market exchange since June 2, 2015. Learn more at www.scibase.com. All press releases and financial reports can be found here: http://investors.scibase.se/en/pressreleases
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/scibase/r/scibase-announces-the-launch-of-ebarrier-score–the-first-ai-driven-skin-barrier-assessment-tool-for,c3990203
The following files are available for download:
https://mb.cision.com/Main/12371/3990203/2828415.pdf
eBarrier Score PR
 

View original content:https://www.prnewswire.co.uk/news-releases/scibase-announces-the-launch-of-ebarrier-score-the-first-ai-driven-skin-barrier-assessment-tool-for-research-and-cosmetic-testing-302157613.html

Continue Reading

Artificial Intelligence

Warmflow to see more actionable real-time operational insights and better forecasting with Plex Smart Manufacturing Platform from Rockwell Automation

Published

on

warmflow-to-see-more-actionable-real-time-operational-insights-and-better-forecasting-with-plex-smart-manufacturing-platform-from-rockwell-automation

Irish family-owned home heating technology company to leverage cloud-based ERP, QMS & MES to empower its employees and enhance digital capabilities
BRUSSELS, May 29, 2024 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that Warmflow, an innovative home heating technology company based in Lisburn, Northern Ireland, is to be the first company in Ireland to deploy the Plex ERP, QMS & MES solution from Rockwell Automation.

Established in 1970, Warmflow, a family-owned business, is committed to digital innovation. By adopting the Plex Smart Manufacturing Platform™, it is positioned to optimize operations, enhance efficiency, and stay ahead in an evolving marketplace. The Plex solution will replace several disparate systems with MES (manufacturing execution systems), ERP (enterprise resource planning), and QMS (quality management systems) under Plex’s single-platform cloud-based umbrella.
Primary outcomes are to include a significant reduction of capital investment in stock and more accurate production planning, both of which will be possible thanks to the real-time insight-driven forecasting.
“Warmflow is an ideal customer for our Plex solution,” said Asa Arvidsson, regional vice president north region, Rockwell Automation. “It is well suited for mid-size companies to support cross-functional processes, such as ERP, MES and QMS, and to deliver a single, integrated, and intuitive view of manufacturing operations. Its cloud-based architecture also makes it eminently scalable and faster to implement.”
The digital transformation project – including new sequencing automation, control, I/O, and associated code – was developed in collaboration with ControlSoft Automation Systems, a member of the Rockwell Automation PartnerNetwork™ ecosystem as a gold-level system integrator. ControlSoft is an industrial automation company based in Dundalk, Co. Louth, Ireland, that provides turnkey solutions for process control, machine control, information, and energy control for many industries.
An important element of this turnkey project was the development of a value engineering assessment report that examined the current situation and then compared it with typical results from the Plex solution over a five-year period. Substantial savings and a rapid return on investment (ROI) were immediately apparent by removing scheduling and stockholding pain points and providing more efficient automated data handling.
“We are a family-owned business, providing innovative heating solutions to the community for the last 50 years, so it’s important we select the right ERP, QMS & MES partner as we take our next step towards the next 50 years,” explains Stewart Mclaughlin, manufacturing director at Warmflow. “Like any company we face operational challenges, and Rockwell Automation gives us a solution to these with its Plex software all-in-one solution. Its forecasting gives us room for advancement too, as we will be able to better schedule our highly qualified engineers and designers for more R&D work on our new, more-sustainable geothermal and heat-pump technologies.”
All elements of this digital solution integrate seamlessly with each other, with further operational value added by a unified LifecycleIQ Services contract for the hardware and software solutions, giving Warmflow a single point of contact for support for its new digitalized infrastructure.
About Rockwell AutomationRockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.
Logo – https://mma.prnewswire.com/media/1981317/Rockwell_Automation_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/warmflow-to-see-more-actionable-real-time-operational-insights-and-better-forecasting-with-plex-smart-manufacturing-platform-from-rockwell-automation-302151516.html

Continue Reading

Trending