Company Research Report: SeeChange Technologies
Company Overview
- Name: SeeChange Technologies
- Mission: To harness the power of Vision AI technology to provide solutions to real-world challenges, thus empowering people through technology.
- Founded: No information is available
- Founders: No information is available
- Key People:
- Founder & CEO: Jason Souloglou
- VP Commercial: Mark Brady
- VP of Growth: Sarah Jandu
- VP Product: Tim Hartley
- VP Engineering: Hoomi Chadirchi
- Chairman: Richard Irving
- Investors: Krishna Visvanathan, Morgane Zerath, Richard Pennycook, Jamie Tomalin, Joe Seager-Dupuy, Andre Bliznyuk
- Headquarters:
- Location: 45 Newton Street, Manchester, M1 1FT
- Office: Balkanska 2, Belgrade 11000, Serbia
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Vision AI technology to help retailers reduce losses, streamline processes, and improve customer experience.
Products
1. AI Self-Checkout Software
- Description: An advanced self-checkout system designed to reduce losses, improve the shopper experience, and decrease employee interventions.
- Key Features:
- Cuts losses by up to 50%
- 80% of shoppers self-correct at checkout when prompted
- 20% reduction in employee intervention time
- Real-time fraud detection and automated customer nudges
2. AI Product Recognition Software
- Description: Automates non-barcoded item recognition to eliminate manual lookups and enhance the shopping experience.
- Key Features:
- 4X faster transactions
- 92% customer adoption of fresh produce recognition
- Identification time less than 0.5 seconds
- Self-learning algorithms for accurate recognition
3. AI Hazard Detection Software
- Description: Ensures shopper and workplace safety by continuously monitoring and identifying hazards.
- Key Features:
- Real-time alerts for spills and other hazards
- Regulatory compliance and automated audit trails
- Smart spill detection and auto-adjusting vision technology
4. AI CCTV Software
- Description: Intelligent loss prevention software designed to monitor in-store activity and reduce shrinkage.
- Key Features:
- Proactive theft prevention
- High-value item protection
- Real-time alerts and prioritized event notifications
Recent Developments
1. New Development Center
- Event: Opening of a new development center in Serbia.
- Purpose: To accelerate the delivery of advanced loss prevention solutions.
- Leadership: Led by Mirko Cetkovic, Director of AI Solutions at SeeChange Serbia.
2. Partnerships
- Diebold Nixdorf: Integrated SeeChange's AI Vision platform into their self-service hardware.
- Mitie: Incorporated Vision AI into the Merlin Connect intelligence-led cleaning platform.
- Vigilant Applications: Integrated SeeChange’s AI platform with LiveStore® solutions.
- Intel: Collaborative partnership exploring the capabilities of computer vision and edge-to-cloud computing.
3. Product Developments
- New AI Solutions: Enhanced loss prevention systems for shelves, aisles, and across the store.
- Key Features Introduced:
- Improved safety and hazard detection in retail environments.
- Enhanced fresh produce recognition features to prevent fraud and ensure accurate item scanning.
4. Industry Resources and Thought Leadership:
- Guide: "Self-checkout 2.0: Revolutionizing retail security and the customer experience."
- Blog Post: "Operationalizing Computer Vision in retail: from concept to ROI."
- Video & Podcasts: Educational content on how to reduce shrinkage using computer vision AI.
Continue to stay updated with SeeChange’s innovations by subscribing to their newsletter or visiting their [website](https://www.seechangetechnologies.com).
This report focuses explicitly on the available data and avoids additional commentary or assumed details. Future updates should include any new information that becomes available about the company.
