Two Israeli companies, Oriient and Trigo, appear on the CB Insights 2023 Retail Tech 100 list released on March 2.
“This year’s winners are using technology to help retailers create more connected and personalized experiences and drive efficiency and profitability,” said the research team from the market intelligence platform, which picked these 100 private market vendors from a pool of over 7,000 applicants and nominees.
Oriient provides shoppers with highly accurate indoor navigation — like GPS, using only the force of Earth’s magnetic field as sensed on their own smartphones – integrated into retailer apps. The hardware-free solution not only helps visitors find their way indoors but also enables facilities to improve their service, space utilization, staff performance and operations.
Trigo transforms existing supermarkets into fully autonomous or hybrid digital stores, combining AI technology with ceiling-mounted cameras to create a “Shop & Go” seamless shopping experience.
Its EasyOut product lets shoppers use an app to scan a QR code as they enter, and then pick up items and leave without going to the cashier. The purchase amount is automatically deducted via the registered payment method stored in the app. Its EasyStock product lets supermarket owners analyze, predict and manage any shelf to improve direct-to-shelf performance.