#USA #Sunnyvale #Google Cloud #Everseen #Vision AI

Everseen Partners with Google Cloud to Transform Retail Store Operations

Everseen has recently announced an exciting partnership with Google Cloud, aimed at revolutionizing how retailers operate in physical stores using advanced Vision AI technology. With the upcoming NRF 2025 event on the horizon, this collaboration is set to make waves in the retail industry by providing innovative solutions to common operational challenges.

Innovations in Retail Operations

The collaboration leverages Everseen's sophisticated Vision AI platform alongside Google Distributed Cloud and the Vertex AI Platform. This enables retailers to handle vast amounts of visual data right in stores, allowing for instant alerts and real-time insights. By merging these technologies, Everseen and Google Cloud aim to streamline complex operations, enhancing retail efficiency significantly.

The integrated solutions being offered will focus on improving various aspects of retail operations, including inventory management, waste reduction, and shrink prevention. The automated differences Everseen's systems can make are pivotal to customer satisfaction and operational efficacy.

A Look into Everseen's Vision AI Capabilities

Everseen's Vision AI solutions stand out in the industry due to their exceptional capacity for real-time video processing and data analytics. Currently, the platform processes approximately six petabytes of video data every day, handling over 150 million events in real time. This vast network of 120,000 Edge AI endpoints provides retailers with deep insights into their operations, enabling timely and informed decision-making.

The primary function of Everseen's technology is encapsulated in its flagship application, Evercheck, which is trusted by 11 of the top global retailers to minimize losses and enhance customer engagement. The suite of applications also includes Evereagle for operations management, among others, illustrating Everseen’s diverse capabilities.

Enhancing Customer Experiences

With Google Distributed Cloud's infrastructure, Everseen’s solutions can engage in low-latency processing, ensuring that real-time data is utilized effectively right at retail locations. This infrastructure allows for immediate troubleshooting of any anomalies detected, particularly during checkout. Retailers can respond faster to issues, helping to minimize shrink and ultimately shoplifting.

By consolidating operations and enhancing customer experiences, the partnership aims to tackle significant retail challenges with precision. The technology will provide retailers with clear visibility into inventory management, helping them avoid stockouts and reduce waste, thereby streamlining their operations.

Unified AI within the Retail Sector

The Vertex AI Platform further integrates these AI solutions, offering a streamlined experience for retailers at every stage of the machine learning lifecycle. This platform optimizes model management and machine learning processes so retail developers can concentrate on building and deploying high-quality AI models rather than managing underlying infrastructure. Such agility can be a game-changer in the fast-paced retail environment.

Key Benefits for Retailers

With this partnership, retailers can expect several notable advantages:

• - Enhanced Loss Prevention: With detailed insights into theft patterns and stock discrepancies, retailers can tackle issues like cart loss and fraudulent activities more effectively.
• - Optimized Inventory Management: Retailers will gain real-time visibility into stock levels and movements, enhancing their ability to maintain optimal inventory levels and significantly reduce waste.
• - Improved Customer Experiences: The technology reduces friction during checkout processes, leading to smoother customer interactions and better overall shopping experiences.
• - Fast ROI: Utilization of the same tech stack for various operational challenges means quicker results from new AI implementations, making the investment worthwhile.

Conclusion

Everseen is not just transforming retail loss prevention but is also changing the landscape of retail operations through technological innovation. As they partner with Google Cloud, retailers are poised to modernize their operations, ensuring they can respond dynamically in an ever-changing market environment. Retailers across the globe can look forward to leveraging these solutions for enhanced efficiency and profitability, marking a significant step forward in the integration of AI within retail. For more information on Everseen’s Vision AI platform and their capabilities, visit www.everseen.ai.