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Smart Cart Startup Shopic to Present Its Solution at Microsoft Experience Center in Munich

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Tel Aviv, Israel and Munich, Germany–(Newsfile Corp. – May 23, 2023) – Grocery smart cart provider Shopic announced today that the company is partnering with the Microsoft Experience Center EMEA in Munich to showcase its innovative smart cart technology.

Microsoft Experience Centers are located in four locations around the world, enabling businesses to explore game-changing technology through immersive experiences and deep technical engagement. Startups which are showcased at Microsoft Experience Centers enjoy an unprecedented opportunity to present the full potential of their solution to a wide audience, and build important relationships with future customers.

“This collaboration is a significant milestone for us,” said Raz Golan, CEO at Shopic. “Microsoft has provided us with an effective platform to showcase our technology to customers in Europe and beyond. We’re delighted that Microsoft shares our confidence in the potential of Shopic to transform grocery shopping.”

Microsoft has invited Shopic to demo its solution in the Munich facility’s recently relaunched grocery retail tech area. Shopic joins SES-imagotag’s VUSION solution for electronic shelf labels (ESLs) as one of only two Microsoft partner organizations slated for the Microsoft Experience Center grocery retail area relaunch.

Microsoft and Shopic are already discussing the potential for expanding this collaboration to additional Microsoft Experience Centers locations.

Shopic’s solution was developed to resolve the challenge that faces grocery stores around the world: how to cut the time that consumers spend waiting in line for checkout, while reducing friction from the shopping experience. Shopic uses computer vision AI algorithms to identify every item as shoppers place it in their cart in order to enjoy a seamless and fast checkout experience.

Photo by LUZ Corporate Photography

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The solution employs a clip-on device that attaches to any standard grocery cart, removing the need for grocery chains to invest in expensive new carts and infrastructure. The device displays a running total in real time, so shoppers can track their purchases, and its built-in retail media platform promotes relevant, personalized special offers.

With Shopic, shoppers can complete their visit more quickly and with less hassle, while grocers can differentiate themselves from the competition, improve customer experience, gain valuable anonymized data insights and boost revenue at minimal risk.

The Shopic-Microsoft Experience Center collaboration announcement follows several busy months for the startup. Over the past year, Shopic has doubled its employee count, completed a successful $35 million Series B funding round, and deployed pilots in a number of leading retailers across North and South America, including two Wegmans locations in New York.

Shufersal, Israel’s largest grocery chain, also announced its commercial-scale expanded rollout of Shopic carts to at least 30 stores, making this the largest deployment of a smart cart solution to be announced to date. The Shufersal rollout follows a major pilot, where the chain reported that Shopic boosted basket size by 78% and monthly spending by 8%. In February, the Shufersal-Shopic partnership earned a 2023 RETA Award for Best AI.

The Microsoft Experience Center demo also represents the next stage in the growing relationship between Microsoft and Shopic. Shopic recently joined the Microsoft Cloud for Retail booth at the prestigious EuroShop conference in Dusseldorf and at the National Retail Federation’s flagship conference, NRF Retail’s Big Show 2023, in New York.

About Shopic

Shopic provides smart cart and store digitalization solutions to the world’s leading grocers, bringing the advantages of online commerce to their physical stores. The company’s computer vision-based clip-on device turns any regular shopping cart into a smart cart. It delivers a smooth shopping experience, instant on-cart checkout, just-in-time personalized promotions, and analytical insights from the retail floor. Founded in 2015, Shopic is headquartered in Tel Aviv, Israel. For more information, visit Shopic.co.

Media contact:

MarketAcross

Dan Edelstein

[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163022

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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