Reckon.ai

Reckon.ai is an AI-powered technology platform designed to transform the retail and hospitality industries. According to the vendor, Reckon.ai allows businesses to launch and operate fully automated stores, providing efficient shopping experiences. This solution targets companies of various sizes in the retail and hospitality sectors, including retailers, supermarkets, convenience stores, hotels, and airports. By leveraging AI capabilities, Reckon.ai aims to streamline operations, enhance customer satisfaction, and drive sales growth.

Key Features

Launch a 24/7 Fully Automated Store: According to the vendor, Reckon.ai enables businesses to establish fully automated stores that operate continuously without human intervention. The AI-powered technology automates checkouts, replenishments, and payment processing, ensuring a seamless shopping experience.

Grab & Go Technology: Reckon.ai's Grab & Go technology allows customers to conveniently close the store door, and their card is automatically charged the correct amount. The cloud-based AI algorithms recognize and identify products and interactions, simplifying the shopping process and eliminating the need for checkout queues.

Open 24/7: Reckon.ai enables stores to operate 24/7, providing customers with flexibility and convenience. This accessibility aims to increase sales opportunities and enhance customer satisfaction.

Fully Automated: Reckon.ai's AI algorithms handle various aspects of the customer's shopping experience, from automated checkouts to stock replenishment. The cloud-connected Backoffice provides real-time stock information, enabling efficient stock management. The technology operates without direct human intervention, potentially reducing operational costs.

Less than 1 minute shopping: According to the vendor, Reckon.ai ensures a shopping experience that takes less than 60 seconds. From tapping the card or app in front of a MicroStore to closing the doors and processing payment, the process is designed to be quick and seamless, potentially enhancing customer satisfaction and operational efficiency.

ROI achieved in record time: The vendor claims that Reckon.ai's MicroStore-as-a-Service pricing model allows for risk sharing and fast break-even. The technology's easy setup and operation contribute to a potentially quick return on investment. Real-time insights provided by the cloud-connected MicroStores enable live customer analysis and optimization of sales strategies.

Real-time insights: Reckon.ai's MicroStores are connected to the cloud 24/7, providing real-time information to retail partners. This connectivity enables live customer analysis, data-driven decision-making, and optimization of sales strategies. Retail partners can potentially gain valuable insights into customer behavior and preferences.

Less operational costs: According to the vendor, Reckon.ai's AI systems enable more efficient prediction, organization, and deployment of resources, potentially reducing operational costs. The technology aims to optimize resource allocation and provide a cost-effective shopping experience.