In This Article:
Pricer, a global leader in digital shelf-edge solutions, and Focal Systems, a leader in shelf-edge AI, today announced a strategic collaboration to accelerate the digitization and optimization of the physical store for retailers worldwide.
STOCKHOLM, Jan. 13, 2025 /PRNewswire/ -- This collaboration brings together Pricer's innovations in dynamic pricing and shelf-edge communication with Focal Systems' advanced computer vision and product availability solutions to maximize shopper satisfaction while optimizing retail operations.
As a pioneer in enabling dynamic pricing and digitizing shelf-edge shopper communication, Pricer has led the first step of the retail digitalization journey. Focal Systems has pioneered the application of computer vision to digitizing what products are available on-shelf or not in near real-time. Together, Pricer and Focal Systems will empower retailers to improve labor efficiency, reduce out-of-stocks, increase sales, and enhance shopper satisfaction like never before.
Enhancing the Shelf Edge Through Collaboration
By integrating Focal Systems' AI-powered shelf vision cameras with Pricer's leading electronic shelf label (ESL) platform, retailers will benefit from:
-
Real-Time Shelf Insights: Automated detection and alerting of out-of-stock or low items powering rapid replenishment and increased shopper satisfaction
-
Dynamic Task Automation: Streamlined workflows and prioritized tasks to improve operational efficiency for store staff.
-
Patented Innovation: Camera-based out of stock detection and communication, flashing ESLs, alternate location communication.
-
Seamless Integration: Standardized API connections that deliver out-of-the-box value, offering synchronized ESL flashes, messaging updates, and shelf-edge intelligence.
Together, Pricer and Focal Systems demonstrate that the combined offerings deliver measurable value for the retailers by enabling a fully digitalized shelf-edge ecosystem.
Strategic Collaboration for the Future of Retail
"We are proud to combine our leadership in ESL technology with Focal Systems' AI-powered shelf vision," said Chris Chalkitis, CDO at Pricer. "Both companies share a belief in the digitalization of the physical store. Pricer has been a pioneer in dynamic pricing and shelf-edge communication. With Focal Systems, we take the next step, digitizing what's on the shelf – and what's not – to drive greater efficiency and performance for retailers."
Focal Systems' AI technology transforms retail operations through real-time shelf monitoring and replenishment task optimization.