New York, Jan. 17, 2017: Intel Chief Executive Office (CEO) Brian Krzanich has announced the Intel Responsive Retail Platform (Intel RRP), a horizontal platform that “fosters the creation of highly flexible, scalable and innovative solutions, by bringing together retail hardware, software, APIs and sensors in a standardised way.”
Brian made the announcement in his keynote addresses to a roomfull of retailers at the National Retail Federation’s BIG show 2017 here on Monday. According to a company statement, Intel also plans to invest more than US $100 million over the next five years in the retail industry.
The Intel CEO highlighted the importance of therole of data and smart and connected solutions in transforming the retail industry, and the continuation of the company’s commitment to expanding the boundaries of technology.
Krzanich also demonstrated Simbe Robotics’ Tally, the world’s first robotic autonomous shelf auditing and analytics solution for retail. The latter works in concert with retail associates by arming them with information to ensure the store’s products are always stocked in the right place and displaying the correct price tag. The robot operates safely during normal store hours alongside shoppers and employees, and does not require any infrastructure changes to the store.
Tally is powered by an Intel Core i7 processor-based Intel NUC and uses a number of Intel RealSense cameras to help understand the world around it and navigate the store safely.
Speaking on stage — and writing in an editorial later— Krzanich introduced the Intel RRP, adding that the platform would take retail to the next era of highly efficient and personalised shopping, and intelligently lead businesses into the future.
Intel’s investment of US $100 million will go toward enabling retailers to unify every part of the retail operation – creating a positive impact on their bottom line and solving longstanding business challenges. This announcement supports Intel’s wider efforts to integrate Internet of Things and other technologies into retail – from inventory management to checkout – through its broad solution portfolio and rich ecosystem of solution providers.
At the NRF BIG Show, Intel is also showcasing new intelligent retail demos at its booth, including the latest technology for on-demand, in-store 3D knitting; real time, data driven clothing and shoe matching platforms to “complete the look”; and interactive product displays designed to more deeply engage customers.
Image Credit: Intel