"The 4D Space Genius is the missing link in retail analytics" - John Williams of retail consultancy J.C. Williams Group
Toronto, Ontario (PRWEB) April 13, 2016
4D Retail Technology Corp. launched the 4D Space Genius™ today. Powered by Segway™, this robot can scan any store in less than an hour, imaging every product and associated price tag in every aisle in ultra-high resolution and 3D. Once completed the 4D Space Genius™ scan provides retailers and manufacturers with the precise location of everything in the store, as well as all instances of missing price tags, empty shelving and more. During the launch, the company also announced the rollout of demonstration units for large chain stores across North America and Europe, in addition to production units.
With its user-friendly interface, the 4D Space Genius™ saves retailers both time and money by eliminating the necessity for labour intensive manual store checks. As the robot travels down each aisle, it automatically compiles and processes huge amounts of ‘big data’, producing a dataset that makes it easy for retailers to identify every product on their shelves, ensure price tag compliance, monitor stock levels and analyze product geoinformation.
After each scan, the 4D Space Genius™ also provides retailers with an interactive 3D map of their store, precisely depicting each product exactly as it is displayed on the shelf. This realistic, virtual store can either be displayed on the company’s website for consumer use, or toured remotely by retail executives at HQ. During the tour, and depending on a selectable range of data and set permissions, users can securely view sales and performance data overlaid on any product.
The 3D stores produced by the 4D Space Genius™ will revolutionize online shopping and herald in an era of “reality”’ online shopping. With one click, customers can virtually navigate through any scanned store anywhere in the world and view products on the shelf exactly as they are. As shoppers tour the aisles, they can pull products off the shelf, spin them around to read more product information and add them to a shopping cart to be shipped or delivered by local courier.
Included with the 4D Space Genius™ is a 3D planogram application that takes retail space management and visual merchandising to an entirely new level. Unlike traditional methods of creating planograms, which are based primarily on static, theoretical inputs, the 4D Space Genius™ intelligently generates dynamic “realograms” based on actual, scanned data. By analyzing a store’s sales data in relation to the actual location of products within the store, the 4D Space Genius™ planogram software is able to reliably determine where products should be placed based on where products actually sell best in each store.
At the launch, Dean Stark, CEO of 4D Retail Technology Corp. said, “The 4D Space Genius™ is an all-inclusive system that ties super-intelligent robotics to retail, revolutionizing the way retailers collect, organise, and analyze information. In the world of retail, decisions regarding shelf space and product placement are primarily based on old data and broad estimations, rather than real information and store specific data. With the 4D Space Genius™, retailers will be able to begin decision making with ‘I know’ instead of ‘I think.’”
4D Retail Technology Corp™
Founded in 2009, 4D Retail Technology is a global leader in the production of intelligent, human-like interactive robotics and displays for the retail industry.
For high res images, please click here: http://tinyurl.com/zqwuue7