Redmond, Washington., June 6, 2023 /PRNewswire/ — Centific Global Solutions announced today that Pitaya.AIis a software as a service (SaaS) platform for retailers that offers a suite of intelligent store solutions. These solutions leverage AI to address industry-wide business challenges such as shrinkage, workplace safety, stockouts, and lack of visibility into customer behavior.
According to Gartner, “A digitally-enabled, profitable brick-and-mortar strategy is fundamental to the future of retail.”However, the increase in shrinkage (almost $100 billion (according to the National Retail Federation), continuing labor shortages (75.8% turnover rate according to the National Retail Federation) corn ferry) has placed a heavy burden on retailers to deal with declining revenues while delivering an optimal customer experience.
Centific CEO Venkat Rangapuram said, “The time is now. As AI becomes more ubiquitous, businesses have a unique opportunity to bring significant value to their bottom line, profitability, customer and employee experience.” said. “We are leveraging our robust capabilities and partnerships with NVIDIA Edge AI, Microsoft Azure Cloud, and OpenAI to transform the shopping experience, improve employee productivity, and significantly reduce losses due to downsizing. He created Pitaya.AI.”
Pitaya.AI addresses growing thefts in the retail industry by preventing thefts at cashiers and self-checkout lanes, and helps prevent retail organized crime by detecting loitering and rapid pick-up of multiple items. Helpful.
Pitaya.AI is NVIDIA Metropolis A stack including NVIDIA GPUs, Jetson Edge AI platform, TAO toolkit, and TensorRT software development kit to develop vision AI applications.
Pitaya.AI provides end-to-end value realization for retailers through a rich ecosystem of partners including Lexmark, SmartCow and Wren Solutions.
“We are delighted to partner with Pitaya.AI on this exciting undertaking,” he said. Ryan Hatfield, Lexmark Portfolio Retail Solutions Director. “By leveraging the strengths of both companies, we are confident that we can deliver a Vision AI solution at the edge that delivers enterprise-class security and data privacy without compromising performance, enabling rapid deployment at scale.” .”
Pitaya.AI is designed to:
- Capital expenditure is minimal as it utilizes existing setups and cameras.
- Integrate into the retail ecosystem including handheld devices, POS, virtual machines and cloud.
- Take immediate action with real-time notifications and task management.
- Every task and activity impacts your bottom line and therefore delivers tangible business outcomes.
“With human-centricity at the forefront of our value system, we are committed to strict adherence to responsible AI guidelines,” said Vasu Sundarababu Centific Head of Engineering. “As such, the Pitaya.AI platform embodies the core principles of responsible AI: accountability, inclusiveness, trust, safety, fairness, transparency, privacy and security.”
About Centific
centific is a global organization with offices in the United States. Europe, India, Chinaand Southeast Asia. Clients include more than 100 of the Global 500 companies and focus on industries such as retail, consumer packaged goods, logistics, software and technology, healthcare and travel/hospitality.
With Retail Industry Expertise in the E2E Value Chain of Data and Applied AI, Centific Helps Retailers Accelerate Digital Transformation to Drive Triad Outcomes of Improved Consumer, Employee and Shareholder Satisfaction make it possible.
We partner with businesses to reimagine experiences to drive tangible ROI, reduce waste, and optimize operations.
For more information about Pitaya.AI, please visit: http://www.pitaya.ai
For more information on Centific, please visit: http://www.centific.com
Press contact:
Lynn Munro
845-548-1211
https://www.Centific.com
Source: Centific
