Leading Analyst recognizes Standard as the leading choice for checkout-free technology
by Alex Plant
Today, research firm Frost & Sullivan announced that after an analysis of the North American autonomous retail checkout market, it has recognized Standard with the 2020 North American Technology Innovation Leadership Award. Each year, Frost & Sullivan presents the Technology Innovation Leadership Award to the company that has demonstrated uniqueness in developing and leveraging new technologies that deliver significant customer value.
Dhiraj Badgujar, industry analyst at Frost & Sullivan, said, “Unlike competing solutions that require a gamut of custom hardware systems, shelving, sensors, and scanning software that drive up the cost and complexity of implementation at the store, Standard’s retail checkout infrastructure consists of nothing more than AI-based ceiling-mounted cameras. This setup enables simple integration of the company’s infrastructure into the store’s existing layout, thereby eliminating the need for reconfiguration.”
"The combination of resources, proven expertise, and affordable technology development has enabled Standard to achieve commercial success and position itself as a trusted partner in the North American autonomous retail checkout industry,” he added.