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Using beacon and LBS technology, customers can be navigated to shop and collet points. At the shop, Azure Cognitive Service’s Facial Recognition API was deployed to distinguish customer’s gender and age range so the digital signage could introduce and display the recommended merchandise. Later on, transactions were made with Avalue’s All-in-One Mini POS, RiPAC, and mobile POS, RiTAB, then transmitted, recorded and analyzed at Azure.
This cloud based solution allows retail owners to have access to the most updated business report whenever they want and wherever they are. Lastly, Avalue also can help retailers to track and analyze foot traffic and dwelling time, so store owners can adjust store layout and merchandise position accordingly and in turn increase revenue.
Director of Intelligent Solution and System, Mr. Jason Liu, pointed out that Avalue’s IoT Smart Retail Solution will integrate real-time inventory management, which allows the system to detect inventory level and run promotions. Also, enlarging the solution scope by integrating other devices and technologies is also in the plan.
Avalue’s IoT Smart Retail Solution, through Microsoft Azure, transmits the data that was collected by the end terminals to the middle layer for databasing and analyzing. Then the analyzed information will be sent to the cloud for further computing, analyzing and in the end applied to smart solutions.
To retailers, this whole process of big data collecting and analyzing used to be outsourced to system integrators or assigned to in-house IT personnel, sales personnel and accountants, which often took up a lot of time and cost. However, with Avalue’s cloud based IoT Smart Retail Solution, all the sales report, business analysis are all at the fingertips.