Standard Cognition recently purchased DeepMagic, which is a company that works with cashier-less technology. DeepMagic has technology that allows a customer to swipe a card when entering a store, after which point the camera technology can detect the items a customer is carrying when they leave. The technology allows customers to walk out of a store without having to use a checkout. Standard Cognition has stated that it views DeepMagic as an integral part of the organization's future.
Standard Cognition is a company that focuses on retrofitting grocery stores. The company currently has a store in the Worcester Red Sox stadium, as well as other locations. Standard Cognition claims that its services are able to increase profits for stores by 100%.
Image Credit: Standard Cognition