X5 Retail Group

X5 Retail Group ("X5" or the "Company"), a leading Russian food retailer (LSE and MOEX ticker: FIVE), has tested video analytics and computer vision technology based on neural networks and AI. The technology contributes to a tenfold increase in the speed of the planogram control process, while also reducing the number of people leaving stores without a purchase by 10% and shrinkage levels…More by 20%. The technology can be leveraged to boost sales, especially when deployed in real time.