30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 50

World Leader In Computer Vision Solutions For Retail: TRAX “Understand how your products look, perform and compete on the shelf with Trax’s breakthrough computer vision platform.” T rax is the world leader in computer vision solutions for retail, ranking in the top 25 Fastest Growing Companies on Deloitte’s Technology Fast 500 list. Trax digitizes the physical world of retail. In 2010 Trax introduced a revolutionary new image recognition technology to the consumer goods industry. Our purpose was twofold – to raise awareness of the significance and value of image recognition and to drive greater efficiencies and effectiveness for consumer goods companies. For the first time, sales representatives could receive a detailed product and category information including out-of-shelf, the share of shelf, planogram, pricing and promotional compliance and more, all delivered to their mobile phones within minutes in the store. Today, Trax is the global leader in computer vision solutions for CPGs and Retailers, ranking in the top 25 Fastest Growing Companies on Deloitte's Technology Fast 500 list. The Trax platform enables tighter execution controls in- store and the ability to leverage competitive insights through their in-store execution tools, 50 DECEMBER 2019 market measurement services and data science to unlock revenue opportunities at all points of sale. In addition to mobile phones and tablets, Trax partners with leading innovators of IOT technologies including fixed cameras, robotics, and more, to capture retail reality in-store. THE TECHNOLOGY STACK The Trax technology stack is a cascade of advanced engines working in parallel to go from image to insight in the quickest time. Advanced Computer Vision: Core technology powered by neural networks; a game-changing innovation in Computer Vision that excels in detecting objects within shelf images, and classifying these images with unparalleled accuracy. Store Digitization: Our experts have developed a system that uses geometric techniques to account for the angle and distance from the shelf from which the photo was taken. This results in a digital coordinate database that captures spatial details like the size and location of each product on every shelf, even accounting for stacked items. Data Discovery And Visualization: • • Collect everything so that you can dive in anywhere and explore and enrich the data the way you want. Visualize the data with engaging dashboards for those light bulb moments. TRAX RETAIL SOLUTIONS Simplify store operations and maximize store productivity to deliver a consistent shopping experience free from preventable shelf issues like out of stocks or misplaced products. Trax for Store Operations: • • • Improve store productivity: Improve store productivity by automating in-store execution. Increase store sales: Increase store sales with improved replenishment and reduced out-of-stocks. Drive consistent shopping experience: Drive consistent shopping experience with right product placement, promotions, and price.