Speaker - Greg Buzek (Greg Buzek is the Founder and President of IHL Group)
Data Perspectives
Recovery Path
Post-Covid
I disagree a bit here, RFID is an expensive investment compared to AI / ML solutions. In this current situation, RFID requires high initial investment costs. This makes it the right spot for AI / ML-based solutions
Keep Thinking!!!
Data Perspectives
- Don't sensationalize data
- Look data in the context of region / local culture
- Horrible Q1 / Q2 until 2021
- Recovery for each region has several dependent factors like
- Recovery Models / Stimulus packages / Gas prices
- Stores may reopen in Chunks 10%, 20% in incremental levels
Post-Covid
- Increased Mobile Payments / DBT
- Digital Transactions Adoption
- New store formats
- Rise of frictionless stores
- Autonomous Retail Environment
I disagree a bit here, RFID is an expensive investment compared to AI / ML solutions. In this current situation, RFID requires high initial investment costs. This makes it the right spot for AI / ML-based solutions
Keep Thinking!!!
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