Camera Vista

Coolr Group

CoolR Group is a provider of in-store inventory management systems intended for brands and retailers. The company's solution automates inventory monitoring and labor optimization using a combination of wireless cameras, sensors and cloud-based image processing platform, enabling clients to increase efficiency and sales. CoolR Group automates inventory monitoring using plug and play sensors and computer vision. Their products are design to maximize sales and to track the most important key performance indicators for driving sales of food and beverage companies. CoolR Group's proprietary machine-learning platform tracks stock, providing facts and figures needed to optimize efficiency and sales growth. CoolR Group's technology also minimizes out of stocks for retailers and brands detecting out of stock, planogram non-compliance, foreign product contamination, and pricing inaccuracies. This allows to keep track of how efficiently coolers and shelves are performing, and provides the data to see what changes need to be made in real-time. This eliminates out-of-stocks and unneeded stocking visits for retailers and brands around the world. With the sale of 5,000+ Vista Cameras the company has marked a major expansion in two ways. It firmly increases the market to ambient shelves (not just coolers) and also provides validation from our partner, that the solution will help them increase revenues. The company also provides a flexible, easy to integrate connectivity solution for asset tracking or temperature monitoring. CoolR Group recently partnered with IBM on an end-to-end solution for a client looking for environmental health monitoring in warehouses using 4G hubs and MDM services. These particular devices will be using its Bluetooth, 4G, and WiFi capabilities in this deployment.