Lowe’s has been granted a patent for a device designed for retail environments, capable of configuring itself for specific tasks. It features a hardware peripheral with multiple states for user interaction and utilizes a file system to determine its operational mode and configuration state. GlobalData’s report on Lowe’s gives a 360-degree view of the company including its patenting strategy. Buy the report here.
According to GlobalData’s company profile on Lowe's, was a key innovation area identified from patents. Lowe's's grant share as of June 2024 was 68%. Grant share is based on the ratio of number of grants to total number of patents.
Device configuration for multi-tasking in retail environments
The patent US11983541B1 describes a device designed for retail environments, featuring a housing and a hardware peripheral that can operate in multiple configuration states. These states include a first configuration that allows user interaction and a second configuration that restricts such interaction. The device utilizes one or more processors and memory to determine its operational mode based on the file system used during boot-up. This operational mode is fixed until the device is rebooted. The device can adjust its configuration state according to the operational mode, enabling various functionalities, including the physical movement of the hardware peripheral relative to the housing.
Additionally, the patent outlines a system that incorporates storage media and processors to execute instructions for determining the device's operational mode and configuration state. The second configuration state can prevent the processing of user interaction data and may involve movements such as retracting or covering the hardware peripheral. The hardware peripheral can include various components, such as touchscreens, card readers, and printers, which can be actuated based on the determined operational mode. The method described in the patent emphasizes the ability to morph the device's configuration dynamically, allowing for a tailored user experience in retail settings.
To know more about GlobalData’s detailed insights on Lowe's, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.