Vending Machines in the Age of the Internet of Things
Vending Machines in the Age of the Internet of Things
IoT Could Transform Legacy Vending Operations by Leveraging Consumer Behavioural Data and Machine Statistics
08-Nov-2016
Asia Pacific
Description
Traditional forms of vending have relied on limited interactions between consumers and machines. Vending, in principle, is a retail operation that requires minimal human intervention and the machines should be as autonomous as possible. The connectivity afforded by the Internet of Things (IoT) will enable a fully autonomous vending operation and it is an opportunity to integrate cross-industry business models, products, and services. Operators seek opportunities to increase their vending efficiencies and to encourage consumers to spend more per visit. IoT can drive a vending business to a digitized future where consumer and machine data can be effortlessly captured and interpreted to offer an improved vending experience.
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No Index | No |
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Podcast | No |
Author | Tzern Tzuin Toh |
Industries | Electronics and Sensors |
WIP Number | 9839-00-37-00-00 |
Is Prebook | No |