Vertus’ Post

As technology evolves, the demand from consumers evolves as well. Over the years we have seen the rise of automated payment systems and retail technology explode. In the vending space, this is no different. With the rise of robust technology, built to meet the needs of the consumer and maximize profits, operators everywhere are looking for the best ways to leverage tech. Read more about how operators can use smart vending technology to take their businesses to the next level. #Vending #SmartVending #AI #PaymenSolutions #VendingMachine #Retail

Based on my experiences and insights, here are five ways to take advantage of AI in the vending business. Read more: https://hubs.li/Q02CPlww0 Post written by Aslak de Silva, Forbes Councils Member.

Artificial intelligence is increasingly shaping the vending industry. While real-life examples are still emerging, AI is already making an impact by optimizing inventory, improving operational efficiency, preventing fraud, and enhancing customer service. Here are five ways to leverage AI in vending ✨https://lnkd.in/dmQkKCxJ #AI #optimization #efficiency #forbes

Always excited to share my insights as a Forbes Business Council Business Council member! My latest article explores AI and offers five strategies to harness its power in the Vending Business. This topic is pivotal for our industry, and I recently discussed about at the stages of #thenamashow2024 in Dallas and #Venditalia2024 in Milan. The ongoing transformation holds immense opportunities. It's the perfect time to immerse yourself in this dynamic arena. Check out the article for more details: https://lnkd.in/dpEzreac #AI #VendingBusiness #ForbesBusinessCouncil

AI in #vending? Is it necessary? Is it the right thing for your business? AI is proven to optimize #business results in many industries giving the much needed advantage margin to compete on the saturated market. And why should the vending industry be any different? Dive into our latest #blog and discover how AI forecasting can help you unlock the full potential of your vending business. 📈🚀 #Televend #AI #sales #vendingmachine #aivending #aiautomation

So cool and well deserved, SoundHound AI's Dynamic Interaction is a game changer in this space and it's no surprise its the finalist for \Best Use of AI\" at the 2023 Automation & Self-Service Awards! #ai #aiautomation

Great speaking with this panel on the affect self-service can have on a clients experience! Look forward to future topics in the future!

One of smart vending’s most technology-savvy functions is the ability to answer questions such as “What’s new?” “What’s low-calorie?” “What’s vegetarian?” Learn more about smart vending and AI here: https://lnkd.in/e--fYbrR #smart #ai #technology #innovation #vending #breakroom #itsinreach #inreach

In this avant-garde coffee shop, artificial intelligence takes center stage in shaping an efficient and customer-focused environment. AI is ingeniously harnessed to not only gauge the productivity of the employees but also to meticulously track the time each customer spends in the shop, enhancing the overall operational efficiency. The implementation of AI involves leveraging camera systems and other advanced features to measure various aspects of employee performance. From analyzing the speed of service to evaluating customer engagement, the system provides invaluable insights. By intelligently processing data captured through cameras, the AI can assess the efficiency of different workstations, helping the coffee shop optimize its layout and workflows for enhanced productivity. Beyond employee performance, this AI-driven approach extends its prowess to customer experience. The system tracks and analyzes customer behavior, allowing the coffee shop to understand peak hours, preferred products, and popular seating areas. This data-driven approach enables the establishment to tailor its offerings and layout to suit customer preferences, thereby fostering a more enjoyable and personalized experience. Additionally, the AI system can play a crucial role in security and safety. By employing facial recognition technology, the coffee shop can enhance its security measures, ensuring a safe and secure environment for both employees and customers. This multifaceted use of AI not only streamlines operational aspects but also contributes to the creation of a customer-centric and technologically advanced coffee shop experience. In the realm of future possibilities, AI holds the potential to further innovate various facets of the coffee shop industry. From predictive maintenance of equipment to dynamic pricing strategies based on customer behavior, the integration of AI technologies continues to redefine how businesses in the hospitality sector operate and interact with their clientele. #artificialintelligence #productivity #efficiency

Check out this article about Thrifty AI. I had a great afternoon talking with one of their founders Harsh Jha. In India, they have made significant strides in the Quick Service Restaurant (QSR) industry 🍔🤖. Their pioneering innovation involves AI-powered Artificial Humans, designed to automate food ordering processes 📱🤵♂️, thereby eliminating the need for traditional cashiers 👨💼➡️🤖. This state-of-the-art solution promises to revolutionize the way customers interact with fast-food establishments, making the dining experience more efficient and customer-centric 🍟💡. Interestingly, according to Gartner, 65% of customers prefer to order from a kiosk versus a cashier if the lines are of equal length. Also, Harsh was kind enough to talk about his learnings from building and deploying Digital Humans - we discussed microphones, operating systems, LLMs and open-source models, noise cancellation software, and a series of use cases that I think would be great in Australia 👀 . Ricky Sydney Harsh Jha