Personal Insight

Interactive Vending Machines And Artificial Intelligence: Vending Insight

Interactive Vending Machines: Welcome to Issue 22  of ‘Vending Insight’, a regular feature from Planet Vending, sponsored by Vianet, which focuses on today’s cashless, connected, IoT (Internet of Things) society. For the moment there’s no product news in Vending Insight and no stories about the providers of those products. On the contrary, it’s our intention to provide those vending operators, who are hungry for information on developing technologies, with some satisfying food for thought.

As usual, we’ll provide our Ten Top Links that will take you to stories that have appeared across the Internet. They won’t all be about vending: in fact, we’ll steer you, through these stories, in the direction the world is heading. We hope that Vending Insight will inspire you to investigate how to apply the features of cashless payments, data collection and connectivity to the advantage of your vending business.

 

Interactive vending machinesAI In Retail, Interactive Vending Machines, And Voice Recognition (Appen)

Artificial Intelligence brings transformative possibilities to the traditional retail experience. By analyzing purchasing behavior, brands can identify patterns and make real-time business decisions by learning from their customers. AI models can be trained to perform a wide variety of tasks, including personalized customer experiences, product recommendations, and customer service assistance. Lead story, HERE.

Businesses In Bristol Are Going Cashless – Whether Bristolians Like It Or Not! (Bristol Live)

Recent data from a Post Office survey suggests that only 8% of people in the South West are ready to make the move to a cashless society. However, Bristol outlets are making the move to card only payments because they offer improved security for small businesses and their staff. Pros and cons, HERE

AI And The Future of Networking (Radius)

Imagine a web of networks invisible to its users, including  Interactive Vending Machines. A global, interconnected network fabric that is constantly connected—seamless, transparent and without any difference in user experience. Downtime would be a thing of the past. Artificial intelligence (AI) could make this reality possible for the future of networking… Expand your mind, HERE

Interactive vending machinesData Analytics Could Be Your Local Council’s Secret Weapon (ITPro Portal)

UK councils find analytics helps improve service provisions as well as reducing costs and allowing better decision-making. Can any of these principles improve the lot of vending operators? Find out HERE

Interactive Vending Machines

Release And Pray: The Biggest Barriers To Digital Transformation (Verdict)

All businesses today are undergoing some kind of digital transformation. But the lack of holistic visibility across software and associated infrastructures means that many technologists are having to make business-critical decisions without full insight of the potential outcomes or repercussions. Hmm? HERE

The AI Cold War That Could Doom Us All (Wired)

In the spring of 2016, an artificial intelligence system called AlphaGo defeated a world champion Go player in a match at the Four Seasons hotel in Seoul. In the US, nobody batted an eyelid. In Asia, all Hell broke lose. Find out why, HERE

Premier League Champions Go Cashless With Tappit Partnership (SBC News)

Not content with supremacy on the pitch, this partnership acts as an affirmation of City’s commitment to digital innovation, with the technology enabling fans to have a better experience at an event via easy-to-use cashless payment methods. Who can catch them? Find out, HERE

Interactive vending machines

UK Heading To Cashless Future ‘Sooner Than We Think’ –But Consequences Could Be Dire (The Express)

More unfounded hyperbole from The (holier-than-thou) Express… Or has it got a point this time? The paper says: ‘The number of people using notes and coins has more than halved compared to figures from 20 years ago, according to This is Money, with forecasts predicting just one in six people will be using cash in ten years time.’ Call to action or pinch of salt? Find out HERE

What B2B Manufacturers Can Learn From B2C About Omnichannel Marketing (Digital Commerce 360)

Omnichannel marketing means delivering a seamless and consistent customer experience (CX) across the channels buyers engage with. B2B manufacturers should take a page from their B2C counterparts and dig deep to gather and analyze buyer insights to inform sellers about buyers’ content and channel preferences. Mind bending stuff, HERE

…and finally in interactive vending machines,

Behind The Scenes At IoT Solutions World Congress 2018 In Barcelona

Since its inaugural event four years ago, IoTSWC has impressively grown their annual congress over 40% in the past year. Organized by Fira de Barcelona in partnership with the Industrial Internet Consortium (IIC), IoT Solutions World Congress (IoTSWC) has become the most important industrial IoT (IIoT) event on the calendar; with 16,250 attendees from more than 100 countries and 341 companies participating this year. BE there without being there, HERE

More? Planet Vending’s ‘Vending Insight’ archive is HERE

 

About the author

The Editor

Planet Vending’s Editor is Ian Reynolds-Young and it’s Ian’s unique writing talent that has made PV what it is today – the best read (red) vending blog in the world, and vending’s best read (reed). Ian ‘tripped and fell into vending’, in the capacity of PR executive, before launching a specialist agency, ‘reynoldscopy’, dedicated to the UK Vending business. The company continues to represent the interests of many of the sector’s leading brands.

‘It’s all about telling stories’, he says. ‘We want to make every visit to PV a rewarding experience. By celebrating the achievements of the UK’s operating companies, we’re on a mission to debunk the idea that vending is retailing’s poor relation.’

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