Visual AI market zooms past USD 9.9 Billion
The size of AI in the Computer Vision market was valued at USD 9.9 billion in 2023 and it is expected to clock 10% CAGR from 2024 to 2032. By 2032, the
Marketing @ SAI Group
Co-op Supermarkets combat 44% spike in retail crime with AI and enhanced security measures
Retail companies are witnessing a steep rise in shrinkage and players like Co-op Supermarkets are taking the situation head on. In the backdrop of a 44% increase in retail crime, Co-op has started
Challenges in using Visual AI to reduce retail shrinkage
Visual AI could be a true game changer for retail companies as it can detect suspicious activities in real-time and help curb shrinkage. However, retail loss prevention teams are still engaged in discussions
Self-Checkout: The Shift from Weighing Scales to Visual AI
Sainsbury’s has taken the lead with a recent announcement which talks about rolling out Visual AI in their network of stores across the UK (see news). Other retail companies are in advanced
Is Your Loss Prevention Strategy Passive? Here's How You can Make it Proactive
Retail Shrinkage is a significant concern for retailers, with losses topping billions of dollars each year for the industry. Most retailers tend to react to losses after they occur. In this article, we&