Top 10 AI Solution Companies in APAC - 2020
retailciooutlook
 AdInte: Scientifying Retail Stores with IoT and AI

Top 10 AI Solution Companies in APAC - 2020

Digitalization has changed the way customers search, discover, and shop, forcing the retail sector today to keep up with the pace of full digital transformation and meet the new standards of customer expectations. Retailers are now adopting new advanced technologies, especially artificial intelligence, to stay abreast in a crowded market and compete with the fierce competition brought in by the e-commerce sector. Artificial Intelligence, thus, has made substantial progress in the retail sector as it allows them to personalize the shopping experience for their customers, optimize the supply chain, and increase conversion rates through massive customer data.

AI is driving faster business decisions in marketing, e-commerce, product management, customer relationship management, and other business areas by transforming data insights into actions. The applications of AI, Big Data, and analytics are pushing business access toward a data-driven model. Also, there is a range of different technologies involved in AI and Big Data, including machine learning, natural language processing, deep learning, and more, for automated machine-driven decisions. Organizations in the retail industry are using machine learning and deep learning technology to offer a more personalized experience and an interactive environment for the end-users. And, through in-store visual monitoring and AI application, they can monitor the performance of their products on the shelves and conduct analysis using machine learning to optimize product placement and promotion.

Retail stores are also using AI-powered image recognition to make it easier for customers to get what they are searching for. Today, Robots or AI bots are also becoming one of the most valuable branded AI solutions in the retail sector as it is powerful enough to check if items are in-stock and also monitor customer’s thoughts or feelings in real-time. Hence, AI bots are having an enormous impact in all areas involving communication with humans. It is undeniable that with such a plethora of AI-based solutions, the entire inventory and operations management cycle of retail stores is reshaping, thereby providing a renewed shopping experience.

At this juncture, there is a wide variety of solution providers entering the industry with advanced and integrated smart retail AI technologies to help retail organizations tackle today’s operational challenges, reduce workload, and increase efficiencies. To help companies navigate through the best-of-breed solution providers, Retail CIO Outlook has compiled a list of ‘Top 10 Retail AI Technology Companies in APAC - 2020.’ The enlisted organizations are transforming retail operations and processes at the convergence of several disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you Retail CIO Outlook’, “Top 10 Retail AI Technology Companies in APAC - 2020.”

Top AI Solution Companies in APAC

By implementing data-driven measures to solve retail issues, AdInte specializes in providing AI and digital marketing solutions that strongly support O2O and OMO methodology. With AdInte’s proprietary technology—AIBeacon IoT sensor, retailers can have access to a plethora of services such as customer analysis, segment extraction, customer acquisition methods, and sales promotion. AIBeacon, as a technology, is a combination of the Wi-Fi packet sensor and BLE Beacon developed to integrate store analysis data with peer-to-peer digital marketing. Over the past decade, AdInte has also developed a targeted advertising platform, AIGeo, which enables retailers to reach out to customers with specific ads based on their geographical characteristics and behavioral choices

adinte.co.jp

Ret[AI]ling Data helps retailers select suitable locations to attract maximum customers and improve the business outcomes

retailingdata.com.tw

4Paradigm

4Paradigm

4Paradigm is an AI technology and service provider. With machine learning technology, 4Paradigm helps enterprises to improve work efficiency, reduce risks and achieve greater commercial values. Adhering to the mission of "Empower AI Transformation and Advance AI For Everyone”, 4Paradigm has been promoting the rapid and scaled industrial application of AI relying on the technology and enterprise-level AI PaaS platforms including AutoML and transfer learning

Capillary Technologies

Capillary Technologies

Capillary’s technology solutions help businesses get ahead of the digital evolution and stay ‘Always Consumer Ready’. The experience platform integrates Artificial Intelligence and Machine Learning to make it easy for brands to get deep understanding and insights into their consumers, engage consumers through personalised 1:1 communication, provide easy and connected cross-channel commerce experiences and build loyalty to reward and retain their best consumers

Chaomeng Data Technology

Chaomeng Data Technology

CM Data is a subsidiary of Beijing Chaomeng Data Technology Co., Ltd., established in 2015, is a "retail + artificial intelligence" technology company, focusing on providing offline retail enterprises with supply chain optimization solutions. Chaomeng Data aims to help offline retail enterprises build fast-response supply chain optimization decisions in the new retail era, and apply artificial intelligence and deep machine learning to build decision closed loops

Cosmose

Cosmose

Cosmose AI understands, predicts and influences how 1 billion people shop offline. Cosmose is seamless (no hardware), accurate (2 meters positioning accuracy) and everywhere (1 billion smartphones and 200,000 offline stores). With Cosmose AI offline stores can finally understand, predict and influence shoppers. All this seamless (no hardware, no installation), accurate (2m accuracy) and everywhere (1B smartphones and 300K stores). As powerful as this technology is, it's limited to ecommerce, which accounts for only 20% of retail. Cosmose empowers the remaining 80% of stores, so they can have fair chance at success. Cosmose AI knows everything there is to know about what people are doing offline and is using that for ultra precise recommendations and advertising. Since 2014, Cosmose has grown to 1B smartphones, 300K stores, 3 offices, 2m accuracy, 1 AI brain and 50 world's best talents

Inspectorio

Inspectorio

Inspectorio SaaS platform is a production orchestration business network that enables Brands and Retailers, and their supplier matrix, to optimize quality, operations, and sustainability by enhancing supply chain collaboration, visibility, and predictive intelligence. The company is digitizing the traditional manual and paper-based processes in production chains so that all participants can share performance data in real-time, and take corrective actions immediately in ways not possible before

Migo

Migo

Migo illuminates valuable customer insights and gives retailers new ways to take control over their business. Migo’s advanced predictive analytics tools increase revenue while decreasing costs. The company helps retailers like New Balance, IKEA, Body Shop, Maybelline, L’Oreal and Gap transform their business into a data-driven customer centric marketing organization

Shumei Technology

Shumei Technology

Established in June 2015, Shumei Technology (Sumeitianxia (Beijing) Technology Co., Ltd.) is committed to providing professional AI business risk control services for global customers. It is composed of well-known domestic VC institutions Tencent, Xianghe Capital, Shunwei Capital, Qingliu Capital and BV Baidu Venture Capital jointly invested to provide full-stack, reliable business risk control solutions for Internet, Internet+, and industrial Internet customers

Youluoke Electronic Technology

Youluoke Electronic Technology

Youluoke is an international leading artificial intelligence cloud platform. Since its establishment in 2009, it has always focused on the development and application of artificial intelligence technology, established a cutting-edge deep learning platform and algorithm center, and independently launched face recognition, human shape detection, and mouse detection. , Behavior analysis, object recognition and many other advanced artificial intelligence technologies, and successfully applied to different scenarios in all walks of life to provide operation and management services for smart retail chain companies and smart city social security air defense systems , helping them reduce costs and increase efficiency