Everseen, the leader in Visual AI™ for retail asset protection, end-to-end supply chain item-level inventory tracking, and process automation, today announced its recognition in three retail categories in Gartner’s Hype Cycle for Retail Technologies, 2020: AI in Retail, Computer Vision and Smart Check-Out (Gartner subscription required). Everseen is the only company to be recognized in all three of these categories.
This marks the company’s fourth year being recognized by Gartner for AI in Retail, its second year appearing in the Computer Vision category, and its first year in the Smart Check-Out category.
“With 125 dedicated AI scientists specializing in retail, and a data factory tracking more than 160M SKUs and 20M people daily, we continue to deliver AI solutions to the retail market at scale,” said Huw Lloyd, chief strategy officer at Everseen. “To us, this recognition is a nod to the long-term investments we have made in our R&D team and talent, and to the significant enhancements we’ve made across our customers’ businesses, ranging from the distribution center to check-out.”
“Everseen’s repeat recognition is a reflection of its ongoing development, expanded deployment into thousands of stores and continued adoption by the world’s largest retailers,” added Lloyd. “Since its initial appearance in the report, Everseen has solidified its role as an integral component in the retail tech landscape.”
According to the Gartner Hype Cycle for AI in Retail, 2020, “Common business use cases for AI in retail include fraud and anomaly detection, marketing, demand forecasting, multichannel order execution, smart check-out and robotic operational assistance. Technologies commonly found in retail AI include computer vision (CV), natural language processing (NLP), machine learning (ML), deep learning (DL), and deep neural networks (DNNs).”
Gartner “Hype Cycle for Retail Technologies, 2020,” Kelsie Marian, 29 July 2020
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Everseen is the leader in Visual AI™️ that drives profitability in retail. The company works with the world’s largest retailers and tracks more than 110M SKUs and 10M in-person behaviors daily. Through its advanced influence over processes and behaviors across the retail supply chain, Everseen is accelerating the reinvention of retail.