Retail

3D printing has become one of the most useful forms of technology for industrial manufacturing, especially because of its made-to-order production applications across a range of industries, including medicine and healthcare, education, automobile production and now—footwear. The race is on with footwear manufacturers to use 3D printing to make the most affordable and uniquely designed shoes as possible. 

Many retailers are making the push to modernize their infrastructure through better business intelligence (BI), cloud technologies, and in-memory analytics, but there is a large disconnect between corporate systems and physical stores. 

Get a glimpse into the amazing retail experiences Intel is helping to create.

Retail stores are experiencing a harsh reality of declining foot traffic. However, the sales numbers for in-store retail purchases are not as bleak as you might think. According to multinational accounting firm EY, 93 percent of purchases are still made in shops. But buying patterns are different, and shops have to keep pace. Solution providers need to help retailers accelerate their pick-up portals. 

The Mall of America in Bloomington, MN, is the country’s largest center for retail and entertainment. Now, it’s also the site of the retail industry’s first large-scale digital directory installation. With the use of IoT, digital kiosks, interactive maps and even text-to-phone capabilities, shoppers are able to navigate the expansive mall and find exactly the store they want, in a matter of seconds. 

Internet of Things (IoT) implementations within retail would seem to be on a strong growth path. Merchants are expected to spend as much as $2.5 billion on the technology by 2020.

Two robotic arms have replaced bartenders at the Tipsy Robot in Las Vegas, the world’s first land-based bar to have fully autonomous robots behind the bar mixing cocktails. In about 90 seconds, the robot can blend precise quantities of ingredients and dispense customized mixed drinks to customers via an automated conveyor platform. 

IoT companies interested in cracking the last-mile delivery challenge got a boost from another state, as Ohio recently became the fifth U.S. state to pass a law allowing for the use of delivery robots on public sidewalks and in crosswalks statewide. The state’s latest budget approval signed by the governor included a provision that permits the use of unmanned sidewalk delivery robots throughout Ohio cities.

Cashiers may very well become the job opportunity of the past for fast food restaurants and other retailers. A new study from Visa and PYMNTS.com found that more than 80 percent of Americans have a strong interest in using connected devices to make their purchases. Coupled with that is news from McDonald’s, announcing it plans to add 2,500 digital ordering kiosks by the end of 2017 and will roll out mobile ordering at thousands of its busiest restaurants. 

From professional golfers to weekend putters, everybody needs a little help to improve their golf scores. The IoT is now in the game, as app developers, manufacturers and solution providers are unleashing a portfolio of golf tech, including GPS stat trackers, real-time game analytics, digital scoreboards for PGA tournaments and wearables for players that include sensor-based swing analysis tools.  

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