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New Technologies for Brick-and-Mortar Retail: From Facial Recognition to Robots

The grand opening of the new Amazon Go store in Seattle has created a stir. As the first grocery store in the world to operate without cash registers, Amazon Go combines a variety of different technologies. Amazon itself is laying low and speaks only of a fusion of sensors. The systems “Computer Vision”, and “Machine Learning” furtively work so flawlessly together like never before.

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9 BUSINESS MODELS THAT HERALD THE INDUSTRY 4.0: A TECHNOLOGICAL OVERTHROW IN RETAIL

9 BUSINESS MODELS THAT HERALD THE INDUSTRY 4.0: A TECHNOLOGICAL OVERTHROW IN RETAIL

It is safe to say that the Fourth Industrial Revolution has fully begun merging the digital and physical worlds into a single reality. About 50 years of Moore’s law of exponential growth in computing power are coming together in 2017, leading to a whole new wave of technologies that are shaking up the retail game across all industries with a profound impact: the new technologies will drastically increase operational efficiency and connect billions of people to and through the web.

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THE IMPACT OF MOBILE COMMERCE ON THE FUTURE OF RETAIL

THE IMPACT OF MOBILE COMMERCE ON THE FUTURE OF RETAIL

The time has come to ditch your good old Fossil leather wallet because China is showing us why we do not need redundant billfolds or plastic cards anymore to pay for our daily dose of Starbucks coffee. The new form of payment is the groundbreaking messaging app WeChat, which is turning mobile commerce into an integral part of people’s shopping habits, starting off in China.

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