The connected retail store
Teaming up to realize the full potential of a connected store: Bosch.IO helps retail companies improve operational excellence and increase customer satisfaction.
The IoT, digitization, and the availability of an abundance of data are opening up new possibilities for the retail industry. Retailers are currently evaluating models of how they can use these technologies to reconcile their two strongest drivers:
- The need for higher efficiency and cost reduction
- Rising consumer expectations regarding service and store experiences
In order to achieve these goals, retail companies are increasingly digitizing their stores with the help of the IoT. The challenge here lies in the large number of heterogeneous and often siloed solutions that currently exist. An integrated approach is needed to enhance operational efficiency and implement effective IoT use cases.
How retail companies benefit from the IoT
The retail industry, and particularly the food segment, is currently experiencing a strong and dynamic shift toward digitization, focusing on process optimization, cost optimization, and greater customer satisfaction. As a vital tool, the IoT helps achieve these goals.
IoT use cases for the retail industry
The Bosch.IO Retail team helps retailers to achieve their goals. We draw on our experience in retail projects and our partners’ knowledge to build IoT use cases that benefit our customers.
How to start your IoT project
Retail companies can choose depending on their requirements how they wish to start their IoT project. We offer the following options:
Pilot a use case
- Test a specific use case in pilot stores to show business value.
- Define requirements and architecture in a technical workshop.
- Define desired business outcome: success metrics and business case.