Video-based computer vision and AI (CVAI) is disrupting CPG retail execution, improving labor efficiency, reducing tedious manual activity, more accurately and quickly assessing shelf conditions, and then identifying highest priority areas and actions to improve. ⚡ Video-based computer vision, rather than capturing one shelf image at a time, instead captures full motion video from a quick walk down the aisle. 👁 AI for video-based data capture is purpose built to process native moving frames versus analyzing a panorama of “stitched” still images. 🔄 Video-based data capture and AI work in concert processing motion input from the camera sensor, evaluating each item on the shelf from many angles, triangulating as it moves down the aisle just like an autonomous car navigating the streets. To learn more about how video-based CVAI delivers significant improvements in speed, accuracy, and ease of use, check out the article Computer Vision and AI at Retail – Why “how” Matters. Link in comments.
Pensa Systems
Software Development
Austin, Texas 3,934 followers
Driving Growth for CPG Brands and Retailers as the Source of Truth for the Retail Shelf
About us
Pensa is a leading innovator in changing the way brands and retailers manage retail shelf inventory. Pensa’s data-as-a-service portfolio and use of advanced computer vision and artificial intelligence enable CPG brands and retailers to reduce stockouts and boost revenues by delivering highly accurate real-time visibility of the store shelf at a fraction of the cost of other solutions. Pensa partners with top CPG brands and retailers globally, including Johnson & Johnson, General Mills, Anheuser-Busch InBev, Circle K, and Unilever to address a trillion-dollar “blind spot” at a critical time in the industry.
- Website
-
http://www.pensasystems.com
External link for Pensa Systems
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Austin, Texas
- Type
- Privately Held
- Founded
- 2016
- Specialties
- supply chain optimization, artificial intelligence, machine learning, computer vision, robotics, autonomous perception systems, deep learning, on-shelf availability, retail, consumer goods, autonomous perception, and data analytics
Locations
-
Primary
Get directions
4704 East Cesar Chavez Street
Building B, Suite 6
Austin, Texas 78702, US
Employees at Pensa Systems
Updates
-
CPG new product innovation is an increasingly important growth lever. Read how McCormick is spicing up revenue and share through new product launches. https://ow.ly/zYyq50Sx9QY
-
Can Pringles innovation lead to Kellanova domination? Here's another example of CPG new product innovation fueling revenue and share growth https://ow.ly/rryn50StMQP
Why Kellanova sees Pringles as its gateway to snacking domination
fooddive.com
-
CPG new product innovation is driven by evolving consumer tastes and sometimes unexpected market trends. One example: this expanding category that's flooding the aisles with new products. https://ow.ly/VfQH50SpFEo
Surging air fryer popularity leads Nestlé, other CPG giants to rethink food
fooddive.com
-
Will digitization replace tedious manual processes in the grocery aisle? Here's one great example that makes the case: https://ow.ly/FxbI50SkoVq
The Friday Checkout: Will Walmart’s embrace of electronic shelf labels herald a digital pricing revolution?
grocerydive.com
-
In our latest newsletter, Pensa’s Tim Whiting and Acosta Group's Julie Oxner discuss CPG Revenue Growth Management. Read about RGM trends, RGM best practices and how AI innovation is positively impacting RGM.
CPG Revenue Growth Management in the AI Era
Pensa Systems on LinkedIn
-
Check out this new Circana snack market research that highlights "the enduring importance of on-shelf availability as a critical factor influencing consumer purchasing decisions". https://ow.ly/LSKC50S8MBI
New Circana Research Examines $214 Billion Snack Market - Circana
https://www.circana.com
-
Groceries drove $38.8 billion in online spending, rising significantly with 15.7% YoY growth. https://ow.ly/nXCp50RYq43
Adobe: 2024 e-commerce spend exceeds $330 billion so far
chainstoreage.com
-
Computer Vision and AI are driving huge retail execution efficiencies. What used to take hours now takes seconds. What used to be manual is now automated. What used to happen infrequently now happens continuously. As CVAI rapidly evolves, its ability to deliver quantifiable business value to CPG brands and retailers is scaling. To gain a better understanding of recent retail computer vision and AI innovation, check out this article Computer Vision and AI at Retail – Why “how” Matters: https://lnkd.in/geHPzXAz
-
Clash of the Titans continues. "A particular threat is groceries, an area that gives Walmart—the country’s largest grocer—most of its U.S. revenue." Walmart's Reign as America's Biggest Retailer Is Under Threat https://ow.ly/LOX750RNlxX
-