1. News
December 11, 2018updated 12 Dec 2018 9:24am

JD.com and Intel unveil Digitized Retail Joint Lab for smart retail solutions

Chinese e-commerce retailer JD.com has partnered with technology firm Intel to launch the Digitized Retail Joint Lab to explore the use of Internet of Things (IoT) in smart retail solutions.

Chinese e-commerce retailer JD.com has partnered with technology firm Intel to launch the Digitized Retail Joint Lab to explore the use of Internet of Things (IoT) in smart retail solutions.

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

Leveraging Intel architecture, both the companies will focus on developing next-generation vending machines, media and advertising solutions, and technologies for future use in retail stores, at the research lab.

JD.com vice-president Big Data Platform head Zhi Weng said: “This lab will combine our collective strengths to develop cutting-edge solutions to bring the precision of online shopping to offline players.

“We look forward to expanding our cooperation with Intel to deliver a best-in-class, personalized shopping experience wherever consumers shop.”

“We look forward to expanding our cooperation with Intel to deliver a best-in-class, personalized shopping experience wherever consumers shop.”

“As China’s most influential retailer and a leader in data-driven offline retail innovation, JD is an important partner for us to continue to develop a wide range of use cases for our latest technology developments. We are happy to take our partnership to the next level.”

The new lab will also focus on developing a suite of technology upgrades for bricks-and-mortar store owners such as smart shelving, smart price tags, and checkout solutions.

In addition, the partnership will utilise JD’s big data analysis capabilities and Intel’s advanced edge computing technologies to establish a sophisticated retail ecosystem, offer a chance to commercialise new products and technologies on a wider scale, and facilitate the launch of these products to global markets.

The new partnership complements the existing collaboration between the two companies. This collaboration had seen scientists merge Intel’s RRI edge computing and OpenVINO computer vision architecture with JD’s computer vision algorithms to analyse customer traffic and in-store purchasing habits.

The integrated solution also assists retailers to offer personalised and convenient experiences to customers.

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.