The visual data recorded by Vispera’s platform directly impacts a retailer’s business by minimizing any loss of sales

One of Vispera’s highlights includes their real-time shelf monitoring and management system using IoT cameras, giving businesses a digitized view of their store. The cameras capture and recognize the products, detect empty spaces and other non-compliance issues and alert the store staff through notifications. “The visual data recorded by Vispera’s platform directly impacts a retailer’s business by minimizing any loss of sales. The data is analyzed and used for decision making and to determine the retailer’s progress,” remarks Akgul.

The company works closely with the retailers to identify the retail execution elements responsible for a great shopper experience and helps them in building Vispera’s concept of a perfect store program using products specifically designed for the retail domain. With inputs from Vispera’s image recognition system, retailers can drive toward the ideal store execution to create the best possible shopping experience. One of the several success stories which highlight Vispera’s credibility includes that of a leading ice cream producer who faced a challenge in evaluating their field team performance in the traditional retail channel. In addition, they had accuracy issues in their auditor based inspections and timelines, resulting in discrepancies in their reports, which prompted the company to reach out to Vispera for the image recognition service. The Vispera team developed a dedicated technical solution and an associated cost effective scoring service, which evaluated the ice cream producer’s work accurately through image recognition and provided them with immediate updates.

As a move toward AI technology adoption, Vispera is taking part in the Intel’s AI builder program and also intends to establish global partnerships with companies like Cisco, Ipsos and HMY. The team is currently working on enhancing their existing solutions with prediction models and a camera which can be installed at the store to enable access to the shelves at all times and notifies store personnel regarding a product’s status. With a strong client base across the globe, upcoming plans for Vispera include expanding into the APAC region.