24 articles published
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
Drones are an important part of the contemporary industrial landscape. From large UAVs, to microdrones, they are simplifying the tasks of aerial inspection and object detection. Drones are a great asset when it comes to inspect tall structures, vast areas or other places which are hazardous to oversight for human workers. In the last few years they made inspection safer, faster and cost-efficient. Read More
In the midst of the COVID pandemic, retail changed in a fortnight. Extra safety precautions, panic buying, fights over the last toilet paper rolls and understaffed stores – this is the new grocer reality! In these difficult times retailers are turning to AI solutions to support operational continuity. Read More
Entrepreneurship and export development agency “Enterprise Lithuania” indicates that due to COVID-19 pandemic Lithuanian exports of services could shrink by 10 to 25 percent. Technology and communications sector is listed among the most affected. However, leading Lithuanian technology companies are displaying crisis immunity – retaining the order volume and tackling the downturn in close cooperation. Read More
On shelf availability (OSA) estimates the time and percentage a product is available for sale to customers on a store shelf. It is one of the key performance indicators for fast moving consumer goods analytics. The metric has direct correlation with out of stock rate and its impact can be measured by sales volume lost compared to actual sales. Read More
Nobody likes waiting in lines. According to research, people spend from 3 to 5 days per year queuing up. That might add up to 6 months of waiting for things during a person’s lifetime! Long queues at the supermarket cause shopper fatigue, decrease customer experience and result in shopping cart abandonment. Read More
In my 20+ years in retail I learned one thing: retail loves precision! Retail managers are obsessed with key metrics: sales per square foot, average transaction value, year on year sales and many more to evaluate your store performance. However, there is a key problem with this approach - the tracking is done on the store level. Sure, you can compare performance with other stores. But it gives little insight on what needs to be changed to improve performance. Read More
The age of perfect customer experience is upon us. Although many shoppers turned online, physical stores are still the best way to convey the brand's message and present your products. Top level brands invest a lot into carefully crafted ‘retail experiences’. So why does shopping at an Apple store or Nike shop makes you feel good? Read More
With closure of several big box and department store chains, it became all too familiar to call brick and mortar retailing doomed. But despite a paradigm shift towards e-commerce, online retailing is still dwarfed by sales numbers from physical stores. Read More
Computer vision is changing the way businesses operate. From retail to warehousing, from manufacturing to urban planning, the technology allows to measure and analyze real life objects and create a quantifiable data level on top of them. Read More
Technology is at the heart of today’s health and safety management systems. Advent of new technologies help to make construction worksites safer. ‘Always on’, they aim to eliminate human factors in day-to-day operations and reduce risks for worker injury. Read More
Technology company AGMIS launched a Computer vision solution to improve worker safety in high-risk working conditions. The companies currently testing the solution note that it has a lot of real life potential. Read More
Customer always comes first. But even the best customer service standards ‘on paper’ are challenging to implement on the shop floor. New Computer Vision (CV) monitoring solution by technology company Agmis enables retailers to measure the efficiency of shop assistant performance and provides objective quantifiable metrics to further improve the experience of customers. Read More
Technology company Agmis launched a startup accelerator program for company employees. The initiative allows Agmis to gain valuable know-how into new technologies, develop staff competencies and attract new employees. Read More
Being too expensive to deploy or simply unpractical, Computer Vision (CV) solutions were out of reach of most but the largest construction companies. With the growth of cloud computing resources and drop in their prices, as well as with increase of CV solution providers, the technology will make strong inroads into construction sector mainstream in 2019. Read More
“Would you recommend our services to your friend?” was probably the most commonly asked client experience question in 2018. According to research by Salesforce Consulting Partner Agmis, improving customer experience is at the top of agenda for companies in the Baltic states. These insights will help you to finally hear the dreamed of “Yes”! Read More
With New Year’s resolutions in place, in January gyms were bustling with new members. Every gym owner knows that this enthusiasm is quick to wear off. New AI fitness motion tracking solution VPixel Fitness by technology company AGMIS aims to improve gym member experience, reduce the risk of injuries, assist in work of gym trainers and add a gamification level to retain members. Read More