Simbe is the company behind Tally, the fully-autonomous inventory robot that strategically roams store aisles, scanning shelves and capturing real-time data about product availability, placement and pricing. Using machine learning algorithms, Tally recognizes what products are on-shelf, decodes tags to ensure items are in the right place, and creates a 3D blueprint of a store’s layout.
Automation is transforming age-old industries, and retail – with a global value of more than $27 trillion – is a key use case. By removing the menial task of store inventory, Tally frees up 30-100 hours per week for store associates to focus on restocking and customer service. Mismanaged inventory costs retailers $1.75 trillion each year, and through better insights into shelf inventory, a significant portion of this can be recovered. In an industry already operating on slim profit margins, this innovation is crucial.
You can read more at Silicon Valley Robotics.