Thursday, January 21, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Watasale, India’s first autonomous retail store in Kochi

Sony T by Sony T
September 12, 2018
in Tech news
Reading Time: 2min read
A A
0
13
SHARES
154
VIEWS
Share on FacebookShare on Twitter

In what could persuasively change the brick-and-mortar retail model in India, which is also a bunch of some of the techies from Kerala have teamed up to open the country’s first autonomous retail store in Kochi.

The retails store has been named as ‘Watasale’, the store, inaugurated last week at a popular mall in the city, does not feature any salespersons or cashiers manning the counters. Apart from that, it offers shoppers a unique ‘checkout-free’ experience with the help of a combination of advanced technologies like artificial intelligence, sensor fusion and computer vision. What’s more, in less than a week of operations, the team behind ‘Watasale’ have an offer of funding and strategic partnership from one of Japan’s largest corporate groups which is known as the Mitsui & Co Ltd.

“Back in the year 2015, it was a time when machine learning and artificial intelligence was really coming out as one of the boom in the market. We knew any segments can be disrupted with the help of this technology. If you look at the market trending structure, the retail segment was still following the age-old technologies which are still revolving in our country. We found it as a ripe ground for innovation and disruptive technologies,” said Richu Jose, COO of Watasale, who teamed up with four of his friends from engineering and tech backgrounds to begin the project three years ago.

It took the team of Watasale nearly three years of exhaustive brainstorming and countless trial sessions to get their algorithms right psot according to the Indian people which they began focusing on mainly building up the entire physical infrastructure and with the help of a skeletal framework of the retail store. The biggest challenge, Jose said, was to build up the core technical team and the right manpower who have expertise on advanced stages of artificial intelligence. After that the team decided not to opt for external funding during the initial process, finding a financial outlet was challenging as well, he added.

ADVERTISEMENT

The Watasale store, which is merely located at the Grand Souk Mall in Kochi, is modelled on the same technology for which the largest ecommerce platform Amazon has used in its ‘checkout-free’ grocery store in Seattle, United States. “The core technology is the same. Amazon has done in its own fashion. We have done it our way,” said Jose.

Tags: Autonomous vehiclesWatasale
Share6Tweet3Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

What are some of the new innovations in Telehealth?
Tech news

Getting Started With Telehealth Technology: Here’s What Therapists Need to Know

January 21, 2021
10 CMDB Tools That Will Revolutionize 2021
Tech news

10 CMDB Tools That Will Revolutionize 2021

January 21, 2021
What You Need for An Effective Home Office Setup
Tech news

8 Advantages Coworking Spaces Have Over Traditional Offices

January 21, 2021
Best books on Windows 10 for beginners
Tech news

Best books on Windows 10 for beginners

January 20, 2021
Identity Verification Service: A Counter-Fraud Technology For Online Businesses
Tech news

Top 6 Identity Verification Methods to Verify the Identity of Customer

January 20, 2021
Shift Your Conferences Into Webinars: The Dawn Of A New Era
Tech news

Boost Business Growth by Using Webinar Platforms

January 19, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

What are some of the new innovations in Telehealth?
Tech news

Getting Started With Telehealth Technology: Here’s What Therapists Need to Know

by Sony T
January 21, 2021
10 CMDB Tools That Will Revolutionize 2021
Tech news

10 CMDB Tools That Will Revolutionize 2021

by Sony T
January 21, 2021
What You Need for An Effective Home Office Setup
Tech news

8 Advantages Coworking Spaces Have Over Traditional Offices

by Sony T
January 21, 2021
Best books on Windows 10 for beginners
Tech news

Best books on Windows 10 for beginners

by Sony T
January 20, 2021
5 Areas of Your Business That Can Be Streamlined By Big Data
Big Data

5 Areas to Streamline Your Business with Big Data

by Srikanth
January 20, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.