HOOFDDORP, The Netherlands — January 6th, 2023 — Hikvision will be present at EuroShop from 26 February – 2 March 2023 at the Messe, Dusseldorf in Germany. The event is the world’s number one retail trade fair, and Hikvision will be welcoming visitors to its stand (Hall 5, E47) to demonstrate the latest innovation it delivers to the retail industry. Together, Hikvision and its partners can help retailers to minimize shrinkage and maximize business.
Visitors to the fair come from all over the retail world – from technology and solution providers to analysts and end users. They will be able to see for themselves how Hikvision and its partners can offer advanced solutions to meet their needs. The stand will demonstrate the innovative technology based on video devices and commercial displays in the retail market, from self-checkout behavior analysis, and shelf analysis, to people counting and heat mapping. Here are some examples of the Hikvision technology partnership solutions present at the fair.
Unmanned store solution with AI Retailer Systems (AIRS)
In certain circumstances, a store is unmanned or with only a skeleton staff. This solution can analyze what items are taken from the shelf, using monitoring information from Hikvision cameras. The system includes specific algorithms and a checkout interface. This means a shopper can leave the store without going through the usual ‘check out’, and the bill is displayed on their mobile app and can be paid remotely.
Checkout behavior analysis with Scanwatch
Scanwatch provides a self-checkout behavior analysis algorithm and a desktop cash register. It uses data from the Hikvision camera to conduct behavior analysis identifying abnormal checkout activities, such as neglecting to scan, blocking barcodes, and changing labels.
People counting with Vemco
Vemco is a specialist in customer behavior and people counting, offering retail businesses an all-inclusive data analytics software to help improve operational efficiency, increase marketing results, and boost sales. The Vemco solution uses the Hikvision People Counting Camera due to its flexibility to provide their customers in different markets with multiple-level solutions.
Retail AI analytics with Azitrend
Azitrend is a Hikvision distributor that integrates its own software support kinds of AI analytics. These help retailers to keep an eye on their business, and make decisions based on real footfall and trends data.
Business Intelligence with SAP
Hikvision cameras can provide a wealth of data to provide comprehensive business intelligence to help retailers grow. Industry leader SAP uses this data in its business intelligence solutions.
“EuroShop is the World´s No. 1 Retail Trade Fair and it is likely to be buzzing with activity, as the retail business picks up again post-pandemic”, says Austin Lui, Retail Vertical Manager of Hikvision Europe. “While the pandemic raged, a number of new technologies emerged, and now we want to demonstrate them to the retail world. We will present the joint solutions created with our technology partners that will help retailers to minimize shrinkage, improve operation efficiency, provide a better shopping experience, and maximize sales revenue.”
Why not join us on your way around the fair? Our 47m2 stand has a lot to show you! Click here to register!
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