
Standard Cognition
Tech company providing AI-powered checkout solutions for retail stores.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
Total Funding | 000k |
Related Content
Standard Cognition is a technology company that specializes in providing AI-powered autonomous checkout solutions for brick-and-mortar retailers. The company operates in the retail technology market, focusing on enhancing the shopping experience by eliminating the need for traditional checkout lines. Standard Cognition's platform uses advanced computer vision technology to enable customers to pick up items and leave the store without having to go through a checkout process. This not only speeds up the shopping experience but also reduces labor costs for retailers.
The company serves a wide range of retail clients, from small convenience stores to large supermarket chains. Its business model is based on a combination of hardware and software solutions, which are installed on-premise to ensure maximum performance and security. Standard Cognition makes money through a subscription-based model, charging retailers a recurring fee for the use of its technology.
One of the key differentiators of Standard Cognition is its commitment to privacy. Unlike other solutions that use facial recognition or other biometric data, Standard Cognition's system does not collect such sensitive information. Instead, it relies on non-intrusive methods to track customer movements and purchases, ensuring a high level of data security and customer trust.
Keywords: AI, autonomous checkout, computer vision, retail technology, privacy, on-premise, subscription model, customer experience, data security, brick-and-mortar.