Tag: ml

  • Conference Whispers: Smart Retail Tech Expo 2024

    Conference Whispers: Smart Retail Tech Expo 2024

    Las Vegas, NV April 24-25, 2024

    Published to clients: May 14, 2024                                        ID: 2043

    Published to Readers: May 15, 2024

    Published to Email Whispers: January 14, 2025

    Public: January 15th, 2025

    Analyst(s) and Photojournalist: Doreen Galli, PhD MBA

    ABSTRACT

    After 400 minutes of filming, 30 videos, countless shorts and over 30 factchecks, our coverage of this years’ Smart Retail Tech Expo 2024 closes. Smart Retail Tech Expo is part of 5 conferences held at once at the same time and place: White Label, Retail, Supply Chain and Logistics Expo, Smart Retail Tech, Ecommerce Packaging and Labelling and Com Business Live. It was held in Las Vegas from May 8 to May 9 at the South Lower Hall of the Las Vegas Convention Center (LVCC). The event featured 5 theaters with each featuring 4-5 talks each day for a total of 47 keynote sessions. With discussion on distribution and logistics and vendors for every step of the journey, one could launch a new business with the contacts from this event alone.

    Conference Vibe

    After 2 days of filming some 400 minutes of content, 30 videos with endless shorts coming and over 30 factchecks, our coverage of this years’ Smart Retail Tech Expo closes. The event is five events held at once all together. White Label, Retail, Supply chain and Logistics Expo, Smart Retail Tech, E-Commerce Packaging and Labelling and Com Business Live. With row after row of exhibits*, the event was made whole by the balanced combination of talks and exhibits. Even better, there was 15 minutes in between the talks so one could catch the exhibits. Furthermore, all theaters schedules were once again aligned in the event you wanted to switch theaters as well.

    The short two-day event packs a punch with 5 keynote theatres each featuring 4 or 5 talks a day for a whopping 47 sessions. The first day was supposed to be capped off by a presentation Presidential candidate Robert Kennedy but it was cancelled purportedly due to security concerns. We captured 30 videos that will result in a lot of great shorts so be sure to save the entire playlist of videos for Conference Whispers: Smart Retail Tech Expo. We were able to capture the walkabout of the entire conference right at the conference’s grand opening. If you are wondering what was to eat at the show, we have you covered with video of the food lines and menus.

    Keynotes

    The keynotes at this smaller event were quite impressive and featured talks from Google, AWS, Home Depot, Lenova, and ASCM (Association of Supply Chain Management) to name a few. Douglas Kent of ASCM (Association of Supply Chain Management) shared top supply chain trends during his keynote. Jesus Sanchez from Google show the many ways in which you can put Google AI to work for you for your retail solution. It is all about optimizing marketing expenses. He also shared the interesting statistic that 15% of all searches are unique. Amazon’s Justin Honaman shared the many ways AWS Gen AI is being leveraged for innovation in retail and CPG. Phil Pench of DHL ecommerce shared an interesting talk with the list of options for the end of the supply chain particularly for those importing goods.

    Home Depot’s Paul Ganz shared the ripple effect of failing a customer. He reminded all that you only get one chance to take care of your customer. That once the customer bought the product, you are handling their item – not yours and it should be treated as such. Chewy’s Debarati Das gave a detailed talk highlighting the complexities of inventory management in the context of the corporate goals and customer satisfaction requirements. There were many people waiting to speak with this speaker following the talk. Kevin Lawton of @thenewwarehouse examined the question of doing fulfillment from the retail location versus a warehouse. Admittedly, this talk reminded me of a patent I was awarded as an IBM Engineer on this exact topic in the heart of the dot com era.

    Exhibits

    While many of the exhibits focused on the White Label portion of the show were captured in the walkabout, there was no technology for us to cover. Nonetheless, we discovered quite a bit of tech to capture. If you need to make a professional video to sell your wares or any other services in getting your product to market, newegg was on display with media, sellingpilot, and marketplace. If you are not sure about the size of the object you are selling, vMeasure was on site. vMeasure leverages cameras, sensors and scales with some great AI /ML models to provide the size of the object.

    If one is selling something in a store, are instead display, Retail Media Management was there to share their digital signs and smart retail tags. One only needs to change the price online, and all price tags will automatically update. They are reported to have a 5-year battery life. Admittedly, we know days of batteries in such electronics is limited as glass can now capture energy from thin air as seen in our coverage at CES. Another digital sign company, Hongzhou had a smart menu kiosk on exhibit. This kiosk not only takes the order and payment but coordinates the order to the kitchen staff. Limited staff but want to open a pizza joint? Pzza has an automated solution to make commercial pizzas that only requires one employee to run the shop. This exhibit gave us flashbacks to the automatic stir fry tech we saw at CES, Techmagic. If you would like to bring home the bacon instead of serving it, Bacon Tech was on site with their staffing and employee management mobile application. If your retail business involves CBD, Argyle Payments was on hand to help you with your banking needs.

    To secure a retail space, many require video surveillance. LVT remote surveillance with their solar panel powered solution complete with simple intelligence was on the floor. This intelligence is leverages to identify objects in the video and notify as appropriate. Is your business is looking for warehouse space AND will create 10 jobs or more? Global Site Location Industries collaborates with municipalities around the country. This collaboration allows Global Site Location Industries to offer their assistance for free.

    If you warehouse scanners or other mobile technology is missing or you need an extra, ASR Tech was on site and can fix anything. If simply cannot find your products in your warehouse or want to monitor them through the supply chain, Lyngsoe Systems passive RFID has a solution for you. RFID has come a long way with stickers at just .05 each. We also heard about Cirro Fulfillment’s Smart robots as they were to enhance the supply chain. SRSI shared their automated storage and retrieval technology available in all 50 states. In fact, SRSI handles all technology available within the 4 walls of the warehouse. Goods was on display to remind you to focus on your business with their integrated solution handling inventory management, order management, and warehouse management.

    As a conference about logistics, there were many logistics companies! Fellowship logistics shared that they can reach 99% of the US in 2 days and 75% in 1 day. Meanwhile, ExFreight was sharing that they provide 100% online capabilities for their entire service logistics offering to 175 countries. C&C logistics serves all continental US and Mexico and can move anything from a single pallet to an entire warehouse.

    There were vendors on display with technology for every aspect of your retail business. Shopline intelligent offered a unified commerce platform. There was also a solution called iVision to automate customer loyalty. Admittedly, both solutions intelligence is not yet fully realized compared to many of the technologies analyzed at the Adobe Summit or even Fintech Meetup.

    Next Year’s Conference

    Smart Retail Tech Expo comes to Las Vegas every year. The next Smart Retail Tech Expo will occur April 16 and 17th, 2025, in Las Vegas, NV at the Las Vegas Convention Center.

    *When vendors’ names are shared as examples in this document, it is to provide a concrete example of what was on display at the conference, not an evaluation or recommendation. Evaluation and recommendation of these vendors are beyond the scope of this specific research document. Other examples products in the same category may have also been on display.

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  • Conference Whispers: Predictive Analytics World 2019

    ABSTRACT

    Mega-PAW 2019 clearly demonstrated that predictive analytics is ready for primetime and can lead to fantastic results, but success is far from guaranteed. The 720 attendees had seven tracks across five co-located conferences to choose from. With so much desired content, many found themselves missing a presentation if they hadn’t brought colleagues to cover concurrent sessions—a positive sign of a good conference. While there were some food misses, attendees found the conference interesting and had a takeaway from each speaker.