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Wed, 08 May 19:20:12 GMT |
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The company will demonstrate what the biggest names in retail have already realized - that Wiliot's ambient IoT technology illuminates once-dark parts of the supply chain, offering real-time, end-to-end visibility of products from warehouse to store to home. "Wiliot's customers, which include some of the biggest names in retail, are leveraging our platform to optimize staffing, improve the shopping experience, reduce waste, and drive-up sales," said Roee Zeiler, Wiliot's Chief Financial & Revenue Officer. "It provides retailers with complete visibility of all products in their supply chains and stores - which is the foundation for better retail operations, from real-time inventory management to increasingly popular buy-online-pickup-in-store (BOPIS) sales models. This real-time, end-to-end visibility of all products everywhere represents the biggest disruption in retail since the price tag." Wiliot's ambient IoT Visibility Platform, recently named one of TIME's Best Inventions of 2023 and Fast Company's 2023 Next Big Things in Tech, connects the digital and physical worlds through the company's IoT Pixels, which are stamp-sized, self-powered compute devices that cost pennies. These IoT Pixels can attach to any "thing" and connect it to the internet. Not just expensive things like cars, appliances, and shipping containers, but also the things like fruits, veggies, vaccine vials, clothes, crates, and just about everything else. Once connected, products transmit real-time, item and case-level information about their location, temperature, humidity, and even carbon footprint, giving retailers the data they need to improve supply chain performance, ensure product safety, and optimize staff time. "The market for ambient IoT solutions in retail is indeed exploding as more and more companies realize the benefits of total visibility," said Dominique Bonte, Vice President, Verticals/End Markets, ABI Research. "We are transitioning from billions of items that are manually scanned or seen once at a choke point, to an addressable market of trillions of things that can be sensed continuously, end-to-end, without manual scanning." Ambient IoT in Action at NRF 2024
No-labor inventory sensing enabled by ambient IoT represents a paradigm shift away from current RFID scanning processes. Although it's not a replacement for retail labor, its automation enables vastly superior efficiency and accuracy, allowing retailers and supply chain partners to redeploy valuable workers in business-enhancing roles. Wiliot Develops an Ambient IoT Ecosystem With Living Web, consumers can sense nearby inventory without labor intensive scanning using their smartphones and Wiliot IoT Pixels affixed to retail products, and pull up detailed information about their origins, composition, temperature in transit, carbon footprint, and more, collected across various systems. This is an increasingly important application of Wiliot's Visibility Platform, especially considering the European Union's Strategy for Sustainable and Circular Textiles, which requires products sold in the EU to carry Digital Product Passports by 2030. "This is the hockey-stick moment for ambient IoT and the breadth of ambient IoT applications shows the depth of our innovation," Zeiler concluded. "Having arrived in the retail market in 2023, ambient IoT is now positioned for exponential growth in 2024, thanks to technological advancement; manufacturing scale; large, live deployments; and successful integration with a growing ecosystem of enterprise apps. Retailers need ambient IoT, and ambient IoT is here now." For more information about Wiliot, visit www.wiliot.com. For a complete NRF 2024 media kit, including digital imagery, click here. About Wiliot Ambient IoT is an evolution of legacy IoT and RFID technologies with lower costs, end-to-end privacy and security, and the addition of new intelligence and sensing capabilities. It's on a path to scaling to trillions thanks to telecommunications standards - Bluetooth, 5G Advanced, and 802.11 AMP. Our mission is to make every single thing an agent of change, enabling ambient IoT by adding intelligence and automation to food, apparel, packaging, pharmaceuticals, and other products. Connecting new categories of things through AI and the internet is transforming manufacturing, distribution, and product use to deliver on our vision: a minimum waste, full trust, perfectly timed world where people, profits, and the planet are aligned. Visit www.wiliot.com to learn more. About Montage Connect The Montage Ambient IoT infrastructure is a single universal gateway device which manages the Ambient IoT environment. Optimized for all mobile and fixed environments, the solution controls the power distribution, IoT Pixel sensor reading, connectivity, cloud reporting, additional environmental sensor and control system interfacing. The Montage Connect hyper-scalable SaaS cloud infrastructure expands visualization, anomaly detection, business process automation and optimization features across any industrial environment. Visit www.montage-connect.com to learn more. About iFoodDS Learn more about the FSMA 204 compliance solution by visiting www.ifoodds.com. About Avery Dennison Media Contact:
SOURCE Wiliot 
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