AI Bytes: Diebold Nixdorf

Self-checkout might not be the first place you’d look for Al-adoption, but the Diebold Nixdorf DN Series EASY self-checkout solution is breaking new ground for retailers like IKEA.

IKEA is deploying product recognition technology, called iCheck, that leverages Diebold Nixdorf supplied, camera equipped, self-checkout solution using open -API software. The system employs a smart camera to detect scan errors, making the checkout process more efficient.

The capabilities of self-learning Al technology combined with Diebold Nixdorf’s self-service solutions are changing retail’s expectations of convenience and allowing consumers to quickly scan and go; avoiding queues, and ensuring a frictionless shopping experience.

Conclusion

If you’re interested in Al & Robotics applications, Diebold Nixdorf (NYSE: DBD) is worth a look. The financials are a mess, but may appeal to deep value investors with a long time horizon. On the plus side, they’re partnered with the top 25 global retailers, and their integrated solutions connect digital and physical channels seamlessly.

WATCH

The DN Series™ EASY in action. A first-of-its-kind, portfolio of solutions is designed to provide retailers a modular, open and ‘always-on’ approach to the evolving challenges of the modern store.

Pete Weishaupt owns no shares of Diebold Nixdorf. Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. The AI Investor has a disclosure policy. Keep The Artificially Intelligent Investor free. Explore investing in farmland with AcreTrader. (Affiliate link.)

Originally published at https://theaiinvestor.substack.com.