Standard Cognition, which is on a mission to eliminate the standard retail checkout, recently opened the doors to Standard Market in San Francisco as a concept store that shows off an artificial intelligence-based system that creates a seamless shopping experience. In the store, consumers are able to shop for the goods they desire and avoid having to stand in line, scan items or even stop to check out.
When shopping at Standard Market, consumers use the Standard Checkout app, although later this year an app-free experience will also be possible.
As well as being scalable and flexible, this innovative retail solution from Standard Cognition also addresses privacy, as no biometric information is collected. This platform from Standard Cognition is the first of its kind to be available to any retailer, making it a notable Amazon Go rival.
Key Themes Behind This Trend
- Cashierless Stores
- Standard Market showcases a seamless shopping experience through its cashierless AI system.
- Artificial Intelligence in Retail
- Standard Cognition's AI-based system revolutionizes the retail checkout process.
- Privacy-focused Retail Solutions
- Standard Cognition's platform prioritizes privacy with no collection of biometric information.
Where This Applies
- Retail
- Standard Market's AI system disrupts the traditional retail checkout process.
- Technology
- The use of AI in retail by Standard Cognition presents disruptive innovation opportunities.
- E-commerce
- Standard Cognition's platform serves as a rival to Amazon Go, presenting competition in the e-commerce space.
