Artificial Intelligence: Japanese Companies Retail AI And Toshiba Partner To Revamp The Shopping Experience
Retail AI brings the latest AI technology to brick-and-mortar stores. ELERA from Toshiba is a unified commerce platform with modular microservices.
Japanese companies Retail AI and Toshiba Tec (TYO: 6588) have partnered on a project to integrate Retail AI’s Smart Shopping Cart with Toshiba’s ELERA, a unified cloud commerce platform and suite of solutions that enables retailers to remove boundaries between physical and digital stores. (Businesswire)
Retail AI has deployed its Smart Store Technology in the Japanese retail market since 2018, by integrating the latest AI into physical stores’ operations.
Its Smart Shopping Cart is an in-store shopping cart that offers customers a new-generation shopping experience by enabling a smooth checkout without the need to stand in line. It also provides AI-generated shopping recommendations and store promotions, and features a unique unscanned item prevention technology.
The Smart Shopping Cart currently has 9,115 units installed and was used by 1.8 million customers of all age groups during the month of August 2022.
Toshiba’s ELERA commerce platform enhances store technology by ensuring a smooth interaction between a retailer’s physical stores and digital operations. It deploys technologies such as computer vision and AI to enable retailers to scale up operations by leveraging digital commerce.
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