Intuition Systems IVEPOS is Re-Inventing Brick-Mortar Stores in Retail Industry 4.0

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Press Trust of India BENGALURU
Last Updated : Feb 20 2019 | 11:15 AM IST

/ -- The 4th Industrial revolution (Industry 4.0) is the age of artificial intelligence (AI), robotics, automation, and biotechnology built on the foundation of the previous digital age which has generated and continues to generate large scale datasets. The objective of Retail 4.0 is to analyze this data explosion, to create intelligent machines with a certain level of perception, cognition and intuition to derive actionable insights that can significantly improve the business operations and handling, increase revenues, reduce inefficiency, uncover hidden patterns, offer personalized customer solution. Bangalore, India based Intuition Systems IVEPOS for Restaurant POS and Retail POS is one such example for intuitive machines. The complexity, data, security aspects of the business naturally took Intuition Systems towards integrating machine learning, automation and intuitive user experience in their IVEPOS system.

(Logo: https://mma.prnewswire.com/media/546246/Intuition_Systems_Logo.jpg )
Intuition Systems and Retail Industry 4.0
Key features of Intuition Systems IVEPOS business management suite for brick and mortar retail stores include:
Seamlessly manage Omni channel payments Using AI-Analytics and reports, derive actionable insights and manage and automate supply chain Track stocks and automated inventory management, Easy 1-click billing, KOT (Kitchen Order Taking), KDS (Kitchen Display System) for large restaurants Real-Time cloud-based multi-store management available for enterprises up to 100 stores Accounting and GST compliance & tax management Personalized CRM Anand Asaithambi, CEO of Intuition Systems said, "Previously, this enriched data-driven technology suite leveraging AI and automation was not available for brick and mortar retailers and they had to rely on bulky, expensive legacy solutions resulting in inefficient processes and huge losses. Now Retail Industry 4.0 and digital transformation is here in India with a merchant and customer-centric goal by leveraging data and emerging technologies. Retailers both small and big should embrace this change to be successful in this new age."
About Intuition Systems

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First Published: Feb 20 2019 | 11:15 AM IST

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