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Unavailable750: How AI Enabled Drones Are Tackling The Trillion-Dollar Blind Spot
Currently unavailable

750: How AI Enabled Drones Are Tackling The Trillion-Dollar Blind Spot

FromThe Tech Talks Daily Podcast


Currently unavailable

750: How AI Enabled Drones Are Tackling The Trillion-Dollar Blind Spot

FromThe Tech Talks Daily Podcast

ratings:
Length:
27 minutes
Released:
Jan 21, 2019
Format:
Podcast episode

Description

Pensa is a leading innovator in autonomous perception systems for retail inventory visibility. Its system uses breakthrough technology –including artificial intelligence, autonomous drones, and computer vision –to see and understand what’s on store shelves, providing crucial data to minimize stockouts, optimize product planning, and boost revenues and profitability. Pensa is also partnering with top retailers and CPG brands globally to address a trillion-dollar “blind spot” at a critical time for the retail industry. Inventory visibility is an age-old problem for brands and retailers, and it is only getting worse as e-commerce and physical store shopping combined. Industry studies report nearly one in 10 items as missing the shelf or misplaced, leading to lost revenue, dissatisfied customers or excess inventory. Pensa’s breakthrough approach uses computer vision to “see,” patent-pending artificial intelligence to learn, analyze and conclude, as well as agile, autonomous drones as roving eyes to automate high-value visual tasks for the first time. Pensa is also the first company to deliver a broadly scalable system that provides complete, real-time and actionable data and insights, enabling consumer packaged goods (CPG) brands and retailers to automatically and systematically track in-store inventory. Early trials with major consumer packaged goods (CPG) brands and retailers have shown more than 98 percent accuracy, at a lower cost than other approaches. I invited President and CEO of Pensa Systems, Richard Schwartz onto my daily tech podcast to learn more. He has repeatedly created and led new organizations to innovate and develop software that has had a significant market impact. As Pensa Systems emerges from stealth, I invite you to join me in finding out more about this exciting technology.
Released:
Jan 21, 2019
Format:
Podcast episode

Titles in the series (100)

Fed up with tech hype and buzzwords? Looking for a tech podcast where you can learn and be inspired by real-world examples of how technology is transforming businesses and reshaping industries? Keep informed of the latest business and tech trends by listening to stories of other people in your field and how they are overcoming challenges with emerging technologies. Learn from the guest's actionable tips, and lessons learned to obtain greater clarity and how you can leverage technology. In this daily tech podcast, Neil interviews tech leaders, CEOs, entrepreneurs, futurists, technologists, thought leaders, celebrities. I have also teamed up with Citrix and its Citrix Ready partners to reveal how they are solving problems together while building the future of work. We discuss how tech trends such as AI, machine learning, 5G, IoT, AR, VR blockchain, crypto, and digital transformation strategies are already reshaping our world. Guests from every industry educate listeners through sharing their road to success, startup stories, and how technology transformed their business and life. Join me for a daily dose of optimism and motivation as I prove that technology really does work best when it brings people together.