#USA #AI Solutions #London #Loss Prevention #Trigo Retail

Trigo Retail Introduces Groundbreaking AI Loss Prevention Solution

In a bold move aimed at tackling the rising tide of retail theft, Trigo Vision Ltd. has announced the launch of its latest AI-driven loss prevention solution. This innovative technology is designed to address the challenges posed by shoplifting and inventory shrinkage, which currently costs the industry over $130 billion annually. With theft rates soaring to 93% compared to the period before the COVID pandemic, retailers are in urgent need of effective solutions.

Leveraging Advanced AI Technology

Trigo's new loss prevention system is built on its proven artificial intelligence technology, already in use in autonomous stores by leading retailers such as Tesco in the UK and REWE in Germany. The solution offers a seamless strategy to combat retail loss without the need for significant capital expenditure. By uniquely comparing each scanned item with the items shoppers pick, Trigo identifies any discrepancies in real-time. If an item is taken but not scanned, an alert is triggered at the checkout, ensuring that violations are promptly addressed.

Enhanced Customer Experience Through Optimized Detection

Despite many retailers deploying closed-circuit television (CCTV) systems, Trigo’s AI acts as the ‘brain’ of the operation. The system tracks shoppers as anonymous figures and notes the items they collect, particularly in high-theft areas, then compares these against what is scanned at the payment stage, regardless of whether items are hidden or visible. Unlike traditional systems that focus only on the checkout moment, Trigo addresses a critical blind spot: most shoplifters conceal items long before reaching the register. This cutting-edge solution instantly alerts store security across all payment methods, including self-checkouts, staffed registers, ScanGo, and even customers bypassing the exit checks—all while the shopper remains in-store.

Prioritizing Privacy

Designed with customer privacy at the forefront, Trigo's solution does not use, collect, or store biometric data. The technology is contactless, ensuring a hassle-free shopping experience for honest customers. By maintaining strict adherence to privacy standards, the solution not only combats theft but also fosters trust and comfort among patrons.

Rapid Deployment Using Existing Infrastructure

One of the most appealing aspects of Trigo’s solution is its ability to utilize existing CCTV infrastructure in retail environments, thus negating the need for costly hardware investments. Implementation is straightforward, requiring only connectivity to network video recorders (NVRs) and integration with point-of-sale (POS) systems. This means quick deployments, minimal disruption to operations, and instant returns on investment (ROI).

Insight from Leadership

Daniel Gabay, CEO of Trigo, commented on the launch, "Our mission at Trigo is to empower retailers with modern AI technology to tackle the most pressing challenges in the industry. With the increase in store theft, we are proud to offer a solution that easily integrates into existing setups, swiftly and efficiently preventing loss while optimizing the experience for both retailers and customers."

About Trigo

As a global leader in AI-driven computer vision technology, Trigo Retail collaborates with top-tier retailers to meet the complex challenges of the industry. Powered by proprietary technology, Trigo processes over five million shopping activities every month with unmatched accuracy while maintaining a rigorous privacy-by-design approach. The company's Computer Vision as a Platform (CVaaP) offers advanced retail solutions based on vision and data, including loss prevention, business intelligence, and fully autonomous store operations.

For more information, visit www.trigoretail.com.