In an interview with PYMNTS, David Gottlieb, Trax’s general manager of global retail, discussed the company’s vision for digitized brick-and-mortar retailers, including how image recognition and AI can be harnessed to streamline shelf management.
If a retailer wants to maximize profits, we can stack or rank the items which have the highest value to the business, or the highest sales velocity. We can provide information to whatever the retailer is most interested in optimizing.
Trax’s system aims to cut down on the time required to perform shelf management tasks by using a camera for real-time shelf monitoring.