Standard AI

Standard AI's Overview

Standard AI, formerly known as Standard Cognition, is a pioneering company in the B2B retail industry. Headquartered in San Francisco, CA, with additional locations in Milan, Lombardy, Italy, and remote teams, Standard AI specializes in AI-powered checkout solutions for brick-and-mortar stores. The company, which graduated from Y Combinator's S17 batch, employs around 150 team members and operates in regions including the United States, Italy, America/Canada, Europe, and fully remote environments. Standard AI's innovative technology allows retail stores to offer a checkout-free experience, significantly enhancing customer shopping experiences and operational efficiencies.

Standard AI's Technology

Standard AI leverages advanced AI-powered cameras, deep learning algorithms, and cloud technology to transform retail environments without the need for gates or shelf sensors. Their core product, Vision OS^, is a retail optimization solution designed to streamline shopping experiences and provide valuable insights into shopper behavior. Vision OS^ enables real-time reporting on out-of-stocks, inventory levels, and shopper activities, helping retailers make informed decisions. This technology allows existing stores to be retrofitted within weeks, offering a seamless and efficient transition to autonomous retail.

Standard AI's Vision OS^

Vision OS^ is Standard AI's flagship retail optimization platform that aims to revolutionize the shopping experience. This AI-driven system provides real-time insights into shopper behavior, out-of-stock items, and inventory levels. Vision OS^ claims to reduce out-of-stocks by 10%, boost impulse buys by 27%, and increase revenue per basket by 20%. The platform's ability to deliver accurate receipts in minutes rather than hours or days significantly boosts store traffic and shopper satisfaction. Vision OS^ is a critical tool for retailers seeking to enhance operational efficiencies and improve overall store performance.

Standard AI's Zone Monitoring

Standard AI's Zone Monitoring service is designed for loss prevention and out-of-stock management in retail stores. Starting at $100 per month, this service utilizes AI-powered cameras to monitor specific store zones, providing real-time alerts and insights. Zone Monitoring helps retailers reduce shrinkage and ensure shelves are stocked, leading to improved customer satisfaction and sales. By offering a cost-effective solution for critical retail challenges, Standard AI's Zone Monitoring service is an essential tool for modern retail operations.

Impact of Standard AI's Solutions

Standard AI's cutting-edge solutions have a profound impact on the retail industry. By enabling checkout-free shopping experiences and providing real-time insights into store operations, Standard AI helps retailers enhance customer experiences and drive sales. Their technology claims to increase shopper spending by 20% and boost impulse buys by 27%, significantly contributing to higher revenue per basket. The ability to retrofit existing stores quickly and cost-effectively makes Standard AI's offerings accessible and appealing to a wide range of retailers. As a result, Standard AI is playing a pivotal role in shaping the future of autonomous retail.