Can you use one sheet of paper for different products?
Engel: Yes, the system can monitor multiple products based on the planogram, and even whether the products are in the front, facing customers, or in the back. If items in the front are depleted and haven't been picked up for some time, the system will alert staff to move the products from the back to the front, ensuring they remain visible and accessible to shoppers.
What would happen if someone took a product and placed it on a different shelf?
Engel: The system would alert you that unusual activity is occurring on a particular shelf, indicating that a product has been misplaced. However, our technology does not offer specific product recognition, so we wouldn’t be able to tell you, for example, that a Mars chocolate bar was placed on a shelf meant for KitKat bars. For that level of detail, a more complex and costly solution would be needed.
What are the benefits of your paper-based smart shelf solution?
Engel: Our paper is significantly more affordable compared to traditional electronic weighing systems. It's also quick and easy to install in stores, as it can be integrated into existing furniture. The paper comes in a variety of sizes and formats, and if none of the catalogue options fit your store, you can provide us with your shelf dimensions, and we’ll deliver custom-fitted sheets.
The paper can also be easily covered with a protective or branded layer, allowing seamless integration into your store's design. You can cover it with almost any material without affecting its performance.
Another increasingly important benefit is that the paper is fully recyclable. The minimal amount of electronics used is not classified as e-waste, making the paper a far more sustainable solution compared to other systems that rely heavily on electronics.
How much interest is there in your solution in the retail sector?
Engel: Currently, we are not aware of any comparable solution on the market, so we believe this technology has the potential to make a significant impact on the retail industry. When we took the opportunity to present it on the start-up stage at EuroCIS, the feedback was very positive. We’ve seen considerable interest from retailers, system integrators, autonomous store providers, and others. Companies specializing in computer vision, in particular, have shown interest because by combining camera detection with our solution, retailers can gain precise, real-time insights into exactly what is happening on their shelves. We are holding intensive talks with major solution providers in the domain of automated check-out stores as well as in the theft prevention domain. We are also currently launching a pilot project with one of Portugal's largest retailers.
What was your experience at EuroCIS?
Engel: At EuroCIS, we observed many companies offering AI and analytics solutions for smart stores. Our solution complements these by providing a database for inventory management. We don't see ourselves as competitors; rather, we aim to partner with these companies to enhance the performance of their solutions. I believe that in the technology industry – especially in retail technology – cooperation is key. The more we collaborate and remain open to the market, the greater the value we can deliver to retailers.