{"id":114067,"date":"2020-03-09T14:11:31","date_gmt":"2020-03-09T18:11:31","guid":{"rendered":"https:\/\/www.borndigital.com\/?p=114067"},"modified":"2020-03-09T14:11:33","modified_gmt":"2020-03-09T18:11:33","slug":"amazon-plans-to-license-cashierless-tech-to-other-retailers","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/amazon-plans-to-license-cashierless-tech-to-other-retailers","title":{"rendered":"Amazon Plans to License Cashierless Tech to Other Retailers"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Need to Know&nbsp;<\/h3>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Amazon is launching a new business line selling its \u201cJust Walk Out\u201d cashierless technology to other retailers.\u00a0<\/li><li>\u201cJust Walk Out\u201d enables shoppers to enter by swiping a credit card, after which a series of cameras, sensors, computer vision techniques, and deep learning tracks items customers put into their shopping carts. When finished, they leave the store without waiting in line to pay.<\/li><li>In addition to the technology itself, Amazon will provide retailers with camera hardware, sensor technology, and 24\/7 email and phone support.\u00a0\u00a0<\/li><li>Stores enabled with the cashierless technology will have no affiliation to Amazon Go or access to its products. <\/li><li>\u201cJust Walk Out\u201d technology is currently being used by Amazon in its own Amazon Go stores as well as its newly launched Amazon Go grocery store.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Analysis<\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>Amazon knows that customer convenience is key and is willing to help retailers up their own convenience factor\u2014for a price.\u00a0<\/p>\n\n\n\n<p>Starting today, Amazon is selling its successful \u201cJust Walk Out\u201d cashierless technology to smaller retailers looking to increase store efficiencies and reduce the need for traditional cashier interactions. According to a new website promoting the service, \u201cJust Walk Out\u201d technology has operated with high reliability and accuracy for years in <a rel=\"noreferrer noopener\" aria-label=\"Amazon Go store (opens in a new tab)\" href=\"https:\/\/brainstation.io\/2019\/11\/26\/amazon-go-to-launch-more-cashierless-stores-in-2020\" target=\"_blank\">Amazon Go stores<\/a>\u2014and has arguably made shopping without checkout lines mainstream.\u00a0<\/p>\n\n\n\n<p>\u201cWe built &#8216;Just Walk Out&#8217; technology leveraging the same types of technologies used in self-driving cars: computer vision, sensor fusion, and deep learning. Since launching Amazon Go years ago, many retailers have expressed an interest in offering similar checkout-free shopping experiences to their customers,\u201d Amazon says on its <a rel=\"noreferrer noopener\" aria-label=\"\u201cJust Walk Out\u201d Site. (opens in a new tab)\" href=\"https:\/\/justwalkout.com\/\" target=\"_blank\">\u201cJust Walk Out\u201d Site.<\/a>\u00a0<\/p>\n\n\n\n<p>The idea is a good one, as the technology needed to develop a cashierless checkout system is robust, and not every retailer has access to a dedicated innovation team full of engineers and data scientists. <\/p>\n\n\n\n<p>Stores equipped with the technology would not require specific mobile apps and customers would not need to have Amazon accounts to make purchases. <\/p>\n\n\n\n<p>To enter a &#8220;Just Walk Out&#8221; store, customers simply swipe a credit card, and once inside a series of cameras, sensors, computer vision techniques, and deep learning tracks items customers put into their shopping carts, adding them to a virtual shopping cart. Should a customer change their mind on an item, placing it back on a shelf, the smart software detects the change and removes the returned item from the virtual basket. Once the shopping is complete, the customer simply walks out of the store.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" aria-label=\"Walmart has also ditched cashiers  (opens in a new tab)\" href=\"https:\/\/brainstation.io\/2020\/01\/16\/walmart-ditches-cashiers-in-new-neighborhood-market-store\" target=\"_blank\">Walmart has also ditched cashiers <\/a>in its new Neighbourhood Market store. The Florida store features online grocery pickup, same-day grocery delivery, expanded checkout options, and a \u2018check out with me\u2019 feature\u2014all aimed at saving customers time.\u00a0<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" aria-label=\"Corner-store giant, 7-Eleven (opens in a new tab)\" href=\"https:\/\/brainstation.io\/2020\/02\/06\/7-eleven-pilots-new-cashierless-store-concept\" target=\"_blank\">Corner-store giant 7-Eleven<\/a> also begun testing out a cashierless store concept with its employees in its Irving, Texas headquarters. The 7-Eleven concept uses a combination of proprietary algorithms and predictive technology built into the system.\u00a0\u00a0<\/p>\n\n\n\n<p>Amazon reports that there are \u201cseveral\u201d signed deals with retailers to roll out their tech, but would not specify who. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Need to Know&nbsp; Amazon is launching a new business line selling its \u201cJust Walk Out\u201d cashierless technology to other retailers.\u00a0 \u201cJust Walk Out\u201d enables shoppers to enter by swiping a credit card, after which a series of cameras, sensors, computer vision techniques, and deep learning tracks items customers put into their shopping carts. When finished, [&hellip;]<\/p>\n","protected":false},"author":76312,"featured_media":110414,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,3397,3414],"tags":[65],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-114067","magazine","type-magazine","status-publish","has-post-thumbnail","hentry","category-News","category-retail","category-technology-News","tag-amazon"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/114067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/76312"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/114067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/110414"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=114067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=114067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=114067"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=114067"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=114067"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=114067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}