Yufeng Zhang, VP of Global Business at Horizon Robotics, presents the “Embedded AI for Smart Cities and Retail in China,” tutorial at the May 2018 Embedded Vision Summit.
Over the past ten years, online shopping has changed the way we do business. Now, with the development of AI technology, we are seeing the beginning of the so-called “new retail revolution,” in which nearly all China-based internet giants, such as Alibaba, Tencent and JD are active. These companies want to use big data, internet and AI technologies to transform brick-and-mortar retail.
Embedded AI will play a critical role in this trend: It is an essential ingredient for extracting analyzable digital information from physical shops, and for connecting offline retail to online big data. Using embedded AI technology, cameras installed in shops can analyze customer behavior as well as interactions between customers, goods and the location real time, improving the shopping experience and operational efficiency at the same time. In this talk, Zhang analyzes recent developments in the new retail revolution in China, and identifies key challenges that must be addressed for this trend to achieve its full potential.