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IoT for Retail

Boost Sales By 60% in Your Retail Store with IoT! 

All industries have been riding a wave, and the retail industry is not untouched either. The ongoing pandemic can be a primary reason for it. Amazon.com managed to have 2 billion monthly shoppers in 2019, which later increased to 2.3 billion in 2020, and 2.88 billion in 2021. There is a staggering scope of rapid retail growth in the digital era. Businesses are now using IoT for Retail and incorporating it into their operations. However, changing customer demands, online shopping risks, obsession with excellent quality delivery services, lack of tech fluency, etc. are some factors stopping retailers from implementing Smart Retail IoT.   There are plenty of opportunities Retail IoT Solutions have to offer. But first, let’s see how it works.   How Does IoT for Retail Work?  Internet of Things is an internet extension for devices, physical objects, and people. It offers a variety of services to production plants, healthcare, retail, etc.   Given below are the most prominent applications of IoT. It will give you an idea of how this technology works in a given space.   Data gathering and sharing: IoT Retail devices, products, and the environment using sensors to gather, analyze, and share data. This data gives essential insights into a product lifecycle and allows decision makers to make more logical decisions.   Actions based on collected data: when integrating IoT with a machine or a retail store, it works efficiently and effectively based on the data it collects. It targets efficiency, sustainability, and resilience.   Due to the unmatchable potential of IoT for Retail, thousands of applications are already developed and many more are yet to come. After implementation, they have shown a 100% success rate so far.   Retail IoT Solutions for Customer Experience Optimization?  Incorporating IoT for Retail Industry with customers helps understand customer behavior and build a stronger bond with them. Moreover, it takes their grievances into account and helps improve after-sales services, cutting short customer journeys, and enhancing the maintenance process. Given below are some tips to extract the best out of your IoT Retail Applications.   Personalized Communication   IoT for Retail is a great platform for strengthening communication with customers. With updated knowledge of their shopping journey, habits preferences, and grievances, retailers can create customer-centric policies to ease their experience.   By incorporating IoT in Retail, your content team can strategically hyper-segment customers based on their preferences, choices, spending habits, and other factors. You can implement segment targeting marketing to lure customers in. Moreover, you can help customers get a personalized experience, help them find a product, or create different sections in your store for them to have a smooth experience.   Product Usage Optimization   With all the data collected by IoT Retail Device, you can use it to improve maintenance services, features of a product, or add a new feature to the existing products. Keeping up customers’ perspectives can help you launch new products, outshining the old ones. Since all the data is lined up on the server, you won’t need to engage your research team.   Predict in-store Wait Times  Customers are becoming impatient and don’t want to wait for too long in lines. This trend escalated during the COVID-19 pandemic. Waiting in line didn’t just frustrate them anymore but increased the risk of getting infected.   Thanks to IoT for Retail Industry, retail stores can now estimate how much time the employees will spend per customer. This way, the store can distract customers with fun activities, or tell them about their ongoing offers. This leaves enough time for employees to efficiently manage the traffic.   Product Delivery Status Update  During the pandemic, the demand for delivery surged which further mounted more pressure on a company’s delivery services or third-party delivery services. Thanks to IoT for Retail which allows you to update customers about their delivery status and estimate delivery dates via texts or emails.   Benefits of IoT Your Retail Store Can Experience   There are plenty of advantages of IoT you can experience in your retail store:   Cutting Loss and Waste  IoT for Retail integration into retail operations lowers expenses related to product loss and waste. The inventory and delivery operations are given an extra layer of traceability and visibility by smart retail IoT apps, which also improve accuracy and enable predictability.  Staff Optimization  IoT Retail Analytics aids employees in making proactive choices and modifying their shopping experience. Managers may gain a deeper understanding of client journeys by using cameras, retail sensors, and monitoring technologies along with advanced analytics. For example, they can see an impatient or perplexed consumer or determine why a shopping trip was abandoned. IoT retail analytics aid employees in making proactive choices and modifying their shopping experience.  Optimizing the Positioning of Goods  Thanks to thorough reports based on the data collected by sensors, IoT allows shop managers to discover premium retail spaces, test the placement of various goods in those regions, and determine the most effective layout.  Improved Retail Tracking and Management  IoT for Retail enables store managers to keep track of the count of items in their inventory and on the shelves to timely replenish stocks. Additionally, technology may assist in automating taxation and financial administration, lowering the likelihood of errors and associated expenses.  If you want to implement an IoT device in your retail store, you can contact Trident Information Systems. We are a Microsoft Dynamics 365 Gold Implementation Partner and LS Central Diamond Partner. Our 200+ technical experts are more than happy to bring your business to the top. If interested, Contact Us Now.  

Boost Sales By 60% in Your Retail Store with IoT!  Read More »

AX to D365 Upgrade

Why Should You Upgrade from Dynamics AX to Cloud? 

Relying on outdated technology pushes you back in the race. You become incompetent and your rivals make money out of it. Many businesses postpone upgrades as they feel uncomfortable shifting to modern technology. However, little do they realize that they are pushing themselves back. Businesses working with AX fear the same discomfort and tend to postpone the AX to D365 Upgrade.  One of the major reasons why it is recommended to Upgrade AX to D365 Finance and Operation is the end of its lift support. Many of the AX versions are already out of support and a few have extended support till January 2023. Hence, it is best to hurry up and Upgrade AX to D365.  Other Reasons for AX to D365 Upgrade   Lack of suitability for large-size businesses. It may not even be a good match for small-sized businesses either.   Despite being comprehensive, its dependency on partner channels and ISV may add time to the deployment, hence increasing the total cost of ownership.  Software as a Service (SaaS) and cloud ERP options have a limited reach which can increase costs if partners are hosting the software.  Hence, it is clear that AX is not suitable for every business size, unlike Microsoft Dynamics 365 Finance and Operations. It is not as scalable as a growing business may need and may even become expensive at times.   Dynamics 365 Finance and Operations is both cloud-based and on-premises. Hence, you can choose the solution you prefer. However, cloud-based solutions are more convenient, flexible, and agile. For instance, in an on-premises solution, your data is backed up in a local server, when you feel like increasing your storage, you will have to install a new server from scratch. But in the cloud, all you have to do is push command and your storage shall increase. Furthermore, it is easier to manage cloud storage than a local server.   Other benefits you can experience with Microsoft Dynamics 365 Finance and Supply Chain include:   High-end Security: D365 ensures high-end security from hacking, malware, viruses, and other threats. Contrary to the old beliefs, the cloud has now become more secure than ever as its credentials are continuously monitored and attacked by Microsoft 24/7. With over 3000 security experts by Microsoft, you can assure bank-level security.   Low Cost of Ownership: When you no longer have to invest in hardware, maintenance, service management, staff training, and upgrades, imagine how much you are saving. With AX to D365 Upgrade, your cost of upgrade with a limit to testing and validation, hence removing every other IT-centric work. You do not even have to re-train your staff after an upgrade except for new features if any.   Remote Accessibility: one of the major benefits of AX to D365 Upgrade is its remote accessibility. Upgrading to a cloud-based platform allows accessibility on any device. Since your business apps are standardized by Microsoft, they can function seamlessly with a single sign-on and are integrated out of the box.  Effortless Latest Version Installation: As soon as you leap to the cloud, any subsequent platform will be automatically updated every three months. The application on the other hand will update every six months. Dynamics 365 provides update reminders from 7, 15, 30, and 90 days before the upgrade. You can even postpone upgrades by 12 months from the release date. Minor upgrades take place without disrupting your business operations, and for major updates, you will be updated prior.   No/Low Training Required: Since Microsoft uses the same functionalities, you do not have to spend much time learning the software. You can start working right away and boost efficiency at the same time. The core business logic you use has been transferred to Dynamics 365 Finance and Operations, but the interface is updated.   Adaptability: AX to D365 Upgrade gives you enough flexibility to mix match apps and personalize your experience while increasing profitability. The best part is that the user experience of these apps is equally intuitive. For instance, you can leverage sales and field service along with Dynamics 365 Finance and Operations providing the ultimate growth platform.   Upgrade Dynamics AX to D365 and ensure the most agile, flexible, and secured features. If you wish to for an upgrade, you can Contact Trident Information Systems, a Microsoft Dynamics 365 Gold Implementation Partner and LS Central Diamond Partner. 

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Machine Vision System

Get Consistent Quality Inspection in Your Automotive Plant  

Do you want to know how your competitors are getting ahead of you with fast and good-quality production? Seems like magic but it’s technology instead. Many big industrialists have adopted advanced technology in their automotive plants i.e., Machine Vision System. A technology based on AI (Artificial Intelligence) ensures they get the best production. In contrast to traditional inspection methods, where nothing can be done without human assistance, a Defect Detection System ensures you get consistency of work with no human interference. Traditional inspection methods are prone to various challenges such as:   Inconsistency in inspection due to different perceptions and environmental factors.   Too much floor space coverage which leads to accidental bumping and slow item transfer.   Accidental bumping may cause conflicts among workers.   The absence of workers hampers consistency of work.   Human eyes may miss certain defaults.   Delay in reporting is common in human-based inspection.   Traditional inspection cannot match the efficiency of the machine. The Machine Vision System, on all levels, is better. It ensures more fluency, speed, and quality than the old-school methodologies.   Manufacturing Defect Detection Ensures Threefold ROI  With greater accuracy, consistency, low-to-no human dependency, and greater speed, the Machine Vision System can bring you three times more ROI (Return on Investment).   Consistency of work: One of the major benefits Manufacturing Inspection Software provides is consistency. Even if your staff is absent, the flow of work remains consistent, 24/7. This technology helped during the most unexpected times i.e., the COVID pandemic.   Low risk of errors: The risk of errors declines with a low human interference rate. Hence, you can get speedy and error-free production to provide defect-proof items to the customers.   Free floor space: With less human dependency, the floor space remains free which leads to a smoother flow of moving goods. Furthermore, there are extremely low risks of employees bumping into one another and getting involved in unnecessary fights.   Fast Reporting: The machine flashes an alert as soon as there is a defective product on the conveyor belt. It is much faster than a human-based inspection.   How Does Machine Vision System Work?  A Vision Inspection System relies on digital sensors protected within the industrial camera. It acquires images and specified optics to let the software and computer hardware analyze, process, and calculate different characteristics to support final decisions.   An AI-based Machine Vision Inspection such as the Vision Intelligence System by Trident Information Systems does not need consistent modifications as it can detect defects with accuracy in a similar environment. It successfully eliminates human interference and allows an ongoing, 24/7, and accurate quality inspection.    How Vision Intelligence System Detects Defects with Consistency?   Being one of the most competitive industries, automotive manufacturers require technology that rockets them ahead in the competition. The Machine Vision System can be their knight in shining armor. It can detect:   Visual defect detections: dents, scratches, burr, and chips.   Dimensions: dimensional accuracy i.e., if a product is in the right shape and size.   Spectrum monitoring: it checks if the product is in the right spectrum of color or not.   Labeling: Detects if the labels are present in the right place.   Barcodes: OCR/ DMC/QR/ Barcode reading etc.   Measure, gauge, guide measures the angle of O tips, dimensions of the outer and inner diameters of O rings, as well as the edges and label positions.   Why Vision Intelligence System?  Trident’s Vision Intelligence System ensures a tangible and valuable Manufacturing Intelligence System which helps produce better quality products and processes. The best part is it minimizes waste by providing valuable insights into how you can enhance your quality with the least wastage. Furthermore, you can get a lot of tangible and intangible benefits such as:   Interpretation of upcoming defects and aids in preventing delays   Identifies the cause of an issue and optimizes resources.   Cuts time with digital defect-reporting operations.  Abolishes the need for product sampling.  Real-time core analysis of a defect.   Enhance your quality inspection environment and optimize business operations using Vision Intelligence System. This Machine Vision System guarantees a boost in output in less time. Further, AI technology makes it even more convenient to use. It works perfectly fine in a similar environment without additional effort. If you wish to get a demonstration or are just curious about it, you can contact us anytime. Our team of experts is more than happy to help you.

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