Amazon offers to sell its tech to other retailers
Amazon offers to sell its tech to other retailers (FT)
- According to the FT, Amazon is starting to sell its cashier less shopping technology to other retailers.
- The company is promoting its capabilities via Justwalkout.com, claiming they can eliminate checkouts
- The system requires customers to scan their credit card on entry & then cameras and shelf weight monitors track what they pick up & then bill them.
- Any sales would allow Amazon to collect yet more data on what we buy, with the added benefit that the justwalkout system runs on their cloud (AWS)
Berenberg view - Analysts appreciate the technology as it is really good, it feels a bit like a solution looking for a problem.
- If the problem is checkout queues, a much more simple technology already exists – its called a self scanner
- Still analysts could be wrong, a string of food retailers from Tesco (apparently), Shufersal (Israel’s leading supermarket chain & Metro/Sonae are looking at similar solutions
- I think the tech solution that is more likely to move the dial for food retailers is still home delivery.
- The market leader (at least from an investor perspective) on this is Ocado
- An interesting “alternative” – that is clearly some years off commercialisation is 6 wheeled robots from Starship Technologies
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Somehow I cannot even stand to say name of this company loud.
For so many reasons - I see this company as one of the most evil out there :/
Couldn’t agree more with this. 😄
I agree with you totally. Too much money and power in too few hands, is never good.
Resteemed already. Upvote on the way.
ps.
Check out this post and please confirm reading it in this article comment section.
Your,
@crypto.Piotr
I watched a video where this system was used but I never knew it was used by amazon, it must be extremely expensive though.
Hi @vlemon
This company became a Monster and to think that when it was born it was only to sell books.
Books, the cradle of knowledge for good and for evil.
Saludos.
Well evil is a strong word but it can be sometimes evil in specific situation. Let's not forget it makes lives of millions of people more convenient. And this is why it is successful :)
Just listen the name, I dare say he (amazon) mercury business sell/buy online.
And they sell a variety of products at the market.
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