How to reduce shrinkage in retail using Computer Vision AI

In 2023 retail theft in the UK rose by 27%, costing retailers over £1 billion a year. In the US, shrinkage rose to $112 billion. In this session, Intel and SeeChange share how Computer Vision AI helps combat losses and other problems. Here’s what you can expect: As shrink levels rise, traditional methods of theft detection often struggle to pinpoint areas of vulnerability in store – whether at self-checkouts or in aisles. Computer Vision AI can revolutionise security, while also enhancing customer experience. Our speakers share the importance of integrating these solutions with the retailer’s existing loss prevention processes to combat shrink across the entire store. AI insights: You will see examples of Computer Vision at the self-checkout in action and our speakers share insights into the technology behind the solution. We explore other areas where Intel and SeeChange are applying AI in retail stores and the practical reality of running AI solutions in a distributed environment.