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Customer analytics, enabled by AI, can help retailers predict sales performance based on trends and real-time tracking of shoppers’ activity and product turnover. They can also automatically alert store employees to restock shelves without the need for time-consuming, manual inventory management. In turn, this helps the retailer personalize and improve on the customer experience because they will know right away if the product is in stock, where it is located or if they need to have it shipped.
Remi El-Ouazzane, Intel vice president and chief operating officer of the AI Products Group said that with artificial intelligence, enterprises can gain new insights about their customers to both elevate the users’ experience and drive business transformation. Tencent’s new AI camera solutions take advantage of powerful Intel Movidius Myriad technology to enable deep neural networks to run directly on the cameras, providing real-time and actionable data for various businesses, including retail and smart buildings.
Powered by the Intel Movidius Myriad 2 vision processing unit (VPU), the DeepGaze AI camera provides retail businesses with data about how shoppers move around the store and the number of shoppers in the store at various times of day. The smart cameras handle the pre-processing and object detection, with relevant data transferred to Tencent’s cloud, based on Intel Xeon Scalable processors, for deeper analytics.
Retailers with older in-store camera systems can upgrade to intelligent analytics by connecting up to 16 cameras to the YouTu AI box to add AI visual intelligence to their systems. YouBox is powered by the Intel Movidius Myriad X VPU, which features a dedicated hardware accelerator for neural network inference.
“Intel is the perfect partner for our flexible enterprise solutions. Based on Intel Movidius Myriad VPUs, the YouTu camera and box perform inference at the edge in tandem with Intel Xeon Scalable processors in the cloud to provide cost-effective and flexible solutions for verticals including retail and construction,” said Simon Wu, general manager of Tencent YouTu Lab.
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