Top 10 Retailtech Solution Providers 2022

Thriving on retail tech, the retail industry is growing closer to the consumer. Technological adaptation has spearheaded the industry, and everything about retail operations and the shopping experience has been changing. Instead of traveling to various shops, spending precious time paying physical visits, dealing with long checkout lines, and traveling back home, consumers can shop from a wide range of products from the comfort of their homes.

Today’s consumers can get the product delivered to their doorstep within a matter of hours or days or a little more. Consumers also have the option to drive to the delivery point to pick up their favourite products. The statistics are pretty promising. Data estimate that by 2023, retail sales will go beyond $29.7 trillion globally. Yet, the current retailers have to cater to a different audience, the techsavvy consumer with high expectations. As a result, retailers face an adherent need to ensure that they exceed customer expectations.

The competition is at an all-time high, and retailers worldwide know that incorporating technology is the best way to provide the best shopping experience. In other words, retailers must constantly be at the forefront of technological trends and learn to incorporate them into their process in the best way possible. This edition takes an in-depth look at the retail tech industry, and we present you with the ‘Top 10 retail tech companies making a difference in the retail tech arena. Also, we tell you the inspiring story of Doug McMillon, CEO of Walmart.

Constructor. I.O. was founded in 2015. AI-powered software provides search, autosuggest, browse, and recommendation capabilities for discovery. The corporation has its version of autosuggest among the search-related technology it offers for e-commerce retailers.

A world-class omnichannel experience is possible for associates using the mobile platform Tulip Retail. The firm is based in New York.

Immerss is a group of several entrepreneurs with U.S. roots committed to creating cutting-edge digital clientele technologies that assist businesses in forging bonds with their online clients.

California-headquartered Garbanzo provides checkout-free technology to a large number of grocery stores.

In the field of creating robots to aid businesses in enhancing the effectiveness of their operations, Mobile Industrial Robots (MIR) were a pioneer. The MIR robots find accessibility across a wide range of sectors.

For the biggest retailers and brands in the world, Flexe finds solutions to the most challenging omnichannel logistical issues. Flexe customers can move quickly, at scale, and precisely thanks to technology integration. Flexe is based in Seattle, CA.

Nimble’s AI-powered robots pick, pack, and handle millions of products, including fashion and electronics, beauty products, and food items. The firm is headquartered in San Fransisco, CA. The firm’s adaptive robots have fixed more than 15 million items from 500,000 different products for numerous well-known businesses.

Standard AI provides an autonomous checkout tool. The tool could be installed in retailers’ stores. The firm is based in San Francisco, CA.

The enterprise offers Decision as a Service Fraud Prevention for Online Retailers.