ParallelDots

12/23/2022

Happy Holidays from the ParallelDots Team!

We would like to thank our customers, partners, investors, and advisors. Looking back on the past year, we know that without your enthusiasm and energy, we wouldn't be where we are now.

Thanks again for your invaluable feedback and unrelenting support!

11/02/2022

ParallelDots Co-Founder & CTO, Ankit Narayan Singh joins host Jake Smith to discuss how artificial intelligence and image recognition are transforming consumer-packaged goods (CPG) and retail industry operations in brick-and-mortar stores.

Ankit highlights how ParallelDots’ ShelfWatch platform analyzes photos captured in stores and uses computer vision models to send real-time alerts to retailers allowing them to rapidly analyze and refill any shortages on their shelves.

Jake and Ankit also talk about the digitization of brick-and-mortar stores and how collaboration with Intel Corporation helped ParallelDots scale massively in an affordable manner.

You can listen to the podcast here - https://lnkd.in/gHAMwJ_c

10/06/2022

We are super excited to be part of Capgemini and SAP Joint Startup Cohort Program 2022-23. The program would further boost scalability of our ShelfWatch platform by leveraging the deep-tech expertise of both SAP and Capgemini.



Capgemini India Capgemini SAP Sap Labs

09/27/2022

Announcement Alert !!

ParallelDots has partnered with Intel Corporation to massively increase our IR engine's scaling capabilities in a cost-effective manner!

In the words of ParallelDots Co-Founder & CTO, Ankit Narayan Singh, "At ParallelDots, it is our constant endeavour to bring the best-of-breed solutions to our customers in a scalable and cost-efficient manner. In this pursuit, we are thrilled to partner with Intel to optimise our models and run them on Intel processors. This will also help us to scale our offerings for the retailers."

Wish to partner with us? Contact us here -
https://www.paralleldots.com/contact

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04/29/2022

It is with great pleasure that ParallelDots welcomes Bala viswanathan as its Chief Growth Officer.

Welcome aboard Bala!

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https://www.24-7pressrelease.com/press-release/490816/paralleldots-appoints-bala-viswanathan-as-chief-growth-officer?swe=ParallelDots+appoints+Bala+Viswanathan+as+Chief+Growth+Officer

03/16/2022

There are certain questions a CPG brand must ask itself when thinking of putting in place a Perfect Store Programme for your brand. For instance -

Do you have the right team and processes to execute a Perfect Store Programme?

A right team is one that puts in place the correct processes to design and calibrate the right systems in place. This setup is most important because brands need vetted insights to make managerial decisions.

A most important requirement is a standard KPI system used by the entire organization which would help in producing measurable results. This would make results easy to compare which in turn, would generate actionable insights. Not having aligned systems for measuring sales in , say Modern trade and General trade would mean that the source of leakage of a good sales opportunity would not be timely identified and plugged. This is why you need a KPI driven organization to build and execute a perfect store programme.

Another way to achieve this is to have incentives linked to performance. The sales’ team can have monthly goals. On their completion, bonuses could be distributed. The idea is to make the sales’ reps more invested in the sales process and subsequently, the brand health.

03/04/2022

ParallelDots introduces instant alert notifications with WhatsApp to highlight gaps in shelf ex*****on -

While we continue enhancing our real-time push notification service to deliver shelf audits, we also launched WhatsApp alerts to deliver retail audits report.

01/12/2022

Over the past few months, we’ve written in detail about the intricacies involved in setting up a perfect store – why the need for the perfect store concept was felt, how to execute and measure its effectiveness & the KPIs involved. We’ve also mentioned how one of the best ways to achieve the goal of that elusive perfect store is through image recognition or “computer vision” technology.

But there is one question that often comes up – Does image recognition for perfect store ex*****on generate significant return on investment for CPG and retail brands? In this write-up, we address this skepticism, and detail how Image Recognition technology perfects your retail ex*****on, thus increasing sales in the long term.

RoI can be generated in terms of man hours saved, accuracy of data collected & timely generated insights to address lapses in perfect store ex*****on.