Consumer IoT Summit
Event Detail
IoT-Based Cameras Bring “Computer Vision” to Retail Markets
As cameras, weight sensors, RFID, and edge AI become more integrated, retailers around the world are implementing checkout-free or reduced-checkout operations at their outlets. This is gaining momentum – major US-retailer Sam’s Club announced that 600 locations would phase out traditional checkout this year. Loss prevention and shelf availability are next on the agenda for groceries, big-box retail, quick-serve restaurants, and more.
Smart Meters are Driving Consumer Energy Markets Worldwide
Europe leads the way in smart energy, and the EU Energy Directive calls for 80% penetration where smart meters are deemed effective – hundreds of millions of smart electricity and gas meters are anticipated by 2029. Directly relevant to climate policy and grid stability, smart meters touch every house and business. Expect a convergence with home batteries, EV’s, and rooftop solar in integrated energy management platforms.
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