Company Research Report: Zippin



Company Overview



Name, Mission of the Company


  • Name: Zippin

  • Mission: To accelerate the world’s adoption of checkout-free stores.


When was the Company Founded and by Whom


  • Founded by: Krishna Motukuri and a team of industry veterans.


Key People in the Company


  • CEO: Krishna Motukuri


Where is the Company Headquartered


  • Location: No information is available.


Number of Employees


  • Employees: No information is available.


Revenue of the Company


  • Revenue: No information is available.


What is the Company Known For


  • Specialization: Zippin is known for its checkout-free technology that increases throughput, drives profits, and delights customers through a frictionless shopping experience.


Products



What Products Do They Offer


Zippin offers an AI-powered platform designed to enable cashierless stores.

High-Level Description of the Product


  • Description: Zippin utilizes AI, machine learning, and sensor fusion technology to create a seamless shopping experience without traditional checkouts. Customers simply scan a QR code or tap a credit card to enter the store, pick their items, and walk out, with purchases automatically charged.


Key Features of Each Product


1. Highly Accurate Tracking:
  • Feature: Fuses data from multiple sensors including cameras and shelf sensors.

  • Benefit: Ensures high accuracy even in crowded stores.


2. High Crowd Density:
  • Feature: Supports unlimited number of customers shopping simultaneously.

  • Benefit: Maintains accuracy and efficiency.


3. Low Total Cost of Ownership:
  • Feature: Uses commodity hardware and easy-to-replace components.

  • Benefit: Reduces maintenance costs.


4. Ease of Installation:
  • Feature: Utilizes off-the-shelf components with simple, quick installation.

  • Benefit: Minimizes downtime and reduces installation labor.


5. Platform Flexibility:
  • Feature: Supports biometric entry, campus cards, self-service drinks, and integrates with existing systems.

  • Benefit: Enhances store capabilities and future-proofs investment.


Recent Developments



What Are the Recent Developments in the Company


  • August 2023: Towson University store launch.

  • August 2024: SJU International Airport and a corporate office store launch.

  • December 2023: Melbourne Cricket Ground store launch.

  • June 2024: French Open in Paris store launch.

  • May 2024: LEGOLAND Windsor Resort store launch.

  • July 2024: NFL Stadium store launch.


What Are the New Products Launched


  • New Products: No specific new products mentioned other than store launches in various locations.


What Are the New Features Added to the Existing Products


  • New Features: Introduction of biometric entry for frictionless stores and integration of self-service drinks.


Any New Partnerships


  • New Partnerships:

  • Fort Worth Magazine: Chose Zippin for DFW International airport's retail transformation.

  • Aramark UK: Partnered with Zippin for LEGOLAND Windsor Resort.


Conclusion


Zippin continues to expand its footprint across diverse sectors including sports venues, airports, campuses, and theme parks by offering an advanced checkout-free platform. The constant development of new features and strategic partnerships highlights its commitment to revolutionizing the retail shopping experience.

No additional commentary is available.