Level 2 Sponsor
Focal Systems builds Computer Vision applications to automate brick and mortar retail, including automated out-of-stock detection, automated checkout, and shopper engagement. Focal’s founders are Masters / PhDs from Stanford's Computer Vision Lab (CVGL) with experience at companies like Apple, Facebook, and Google.
Focal's out-of-stock computer vision solution and stocker action tools are live in 9 tier 1 retailers and over 100 stores across US, Canada, UK and Australia. These store formats range from convenience, home improvement, grocery, and mass merchandise stores, ranging from 30,000 to 200,000 sqft in size. Our out-of-stock cameras and Stocker Action Tools decrease out-of-stock hours by 30%, which increases sales by 8-10%.
For automated checkout, we are the first company to deliver a white-labeled, low cost version of Amazon Go that scales easily across large and small format stores. Our automated checkout solutions decrease checkout times by 77%, reduces loss from theft by 52%, and enables a redeployment of 32% of the store's labor hours. Focal Systems can recognize all items for sale with 99% accuracy, including packaged goods, fruits and vegetables.