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.”
Lloyd continues, “Our company’s repeat recognition alongside Microsoft, Amazon and Google in Gartner Hype Cycle for retail is a reflection of our ongoing development, expanded deployment into thousands of stores and continued adoption by the world’s largest retailers. Since its initial appearance in Gartner’s Hype Cycle, 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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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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