- [Narrator] Shrinkage.
It's a problem that large retailers
and grocers deal with every day.
Not shrinkage as in getting smaller,
shrinkage as in inventory loss.
But what if you could see,
truly see, your entire business ecosystem,
from the shop floor to the
last link in the supply chain.
With Everseen's Visual AI
running on Microsoft Azure
and utilizing Nvidia technology,
retailers can reduce errors
to shrinkage in real time,
increase customers throughout sales,
and optimize operations
in distribution centers,
paving the way for a future
that not only benefits your customers,
but also the bottom line.
- When we partner with Azure
and companies like Nvidia,
what we seek to do is to bring together
the beautiful world of
artificial intelligence
and tying right into hardware and software
that exists within the retail space,
and allowing that ecosystem
to utilize the Cloud
to effectively look at a world
that's actually limitless.
- We've worked together
with Microsoft and Everseen
to provide a seamless
solution for the customers.
What they're using is
Everseen's AI application
to prevent shrinkage.
And that application runs
seamlessly on Nvidia GPUs
through Azure.
- [Narrator] According to the
National Retail Federation,
global shrink was a $50.6
billion problem in 2018.
In 2019, global shrink
increased to $61.7 billion.
That's a jump of 21.9%.
- Everseen actually provides software
in the form of artificial
intelligence and computer vision.
We analyze video of what is happening,
see if the problem is substantial,
and then implement our
artificial intelligence
and computer vision to solve that problem.
Our solution prevents shrink
by detecting when a
product is not to scale.
- [Narrator] When you have
visibility, you have insight.
And when you have insight,
you can take the lead.
- At Nvidia chose to partner with Everseen
because they have one
of the best solutions
for asset protection
and that their solution
delivers real time recommendations
and it scales to thousands of stores
and distribution centers.
- [Narrator] Everseen's
visual AI shows you the gaps
from inventory to store hygiene.
And Nvidia technology
makes it easy to deploy,
manage and scale,
so you can identify the moments
that matter on your time.
Everseen's visual AI
not only improves key
profitability drivers
and identifies process pain points,
it's redefining retail by
helping you to see the unseen.
- One of the key things about AI
is that algorithms learn
with time and more data
and it becomes better and better.
So we see the future of a retail industry
that is really software defined.
- [Narrator] By leveraging the power
and possibility of Microsoft Azure,
Everseen and Nvidia are
creating a whole new way
to optimize the grocer experience
from warehouse to shelf to check out.
- We actually focused on
owning the entire experience.
And that's the experience
of somebody shopping,
not just checking out.
- [Narrator] The future is
not only about seeing it all,
it's about bringing it all together
from markedly reducing shrinkage
to AI powered mobile shopping.
With Nvidia's innovation
and Everseen's endless opportunities
together on the Azure platform,
the future looks bright for retail.