Market trends and business perspectives
Simbe Robotics, which specializes in robotics and artificial intelligence for retail, has completed two separate funding deals.
One was a Series A equity financing round, and the other was an inventory financing agreement with SoftBank Robotics.
Simbe says the financing will allow the company to increase efficiencies in production and deployment of its Tally robot. [Read more…] about Simbe Robotics raises $26 million in Series A funding round
by Sam Francis
Simbe Robotics has installed its inventory robot – Tally – in a Decathlon store in San Francisco, in the US. Tally is claimed by Simbe to be “the world’s first fully-autonomous inventory robot”.
The installation marks the start of a formal partnership between Simbe Robotics and Decathlon USA, which is said to be the world’s largest sports retailer.
The partnership kicks off with the application of Tally in the sporting goods retailer’s inaugural US store located in San Francisco, California. [Read more…] about Simbe Robotics installs inventory robot Tally in Decathlon store
by Anna
Simbe Robotics has integrated Radio Frequency Identification (RFID) and Machine Learning technology to enable its autonomous inventory robot, Tally, to capture in-store data on all RFID-tagged merchandise, from apparel to electronics, sporting goods to home decor.
In addition to its pre-existing computer vision abilities, Tally now captures over 700 RFID product tags per second with higher than 99% accuracy.
This frees shop workers from using handheld scanning devices and provides retailers with real-time insight into product availability and placement.
[Read more…] about Simbe Robotics adds RFID and machine learning capabilities to Tally robot
by Anna
SoftBank Robotics America (SBRA) and Simbe Robotics have announced a global partnership on retail inventory handling. Simbe Robotics, creator of Tally, the world’s first autonomous shelf auditing and analytics robot, will use SBR’s international reach and operational efficiencies to increase its business globally.
SBR and Simbe aim to expand the use of Tally in Japan, North America and Europe in the near future and more broadly over the coming years.
Tally is claimed to give retailers visibility and insight into the state of store merchandise, with alerts for out-of-stock, low stock, and misplaced items; audited product price tags and promotional execution; autonomous inventory audits; and continuous in-store performance insights for brand and retail service partners.
[Read more…] about Softbank and Simbe partner to promote retail robot
by Sam Francis
A mobile robot called Tally has got a job at Schnucks grocery stores, where it will wander round the aisles and make mental notes of what products are running low on stock and checking prices.
Developed by Simbe Robotics, Tally is said to perform the tasks humans might find boring and time-consuming. It can do this while customers are shopping or after the stores close.
Simbe claims Tally is the “world’s first fully autonomous robotic shelf auditing and analytics solution for the retail industry”, and suggests the technology could save some of the $450 billion retailers lose annually through inefficiencies which Tally can help resolve. [Read more…] about Schnucks grocery stores give Tally the robot some work to do checking the shelves
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