Amazon's acquisition of Whole Foods will bring AI technology to grocery stores
Amazon has big plans for the future of grocery stores. The company's recent acquisition of Whole Foods serves as proof that the online retailer is preparing to change the way we shop for groceries. We can expect AI and IoT technology -- similar to that in the recently launched Amazon Go store -- to be integrated into future iterations of Whole Foods and the broader Amazon family of services. Fully automating supermarkets, which is likely Amazon's goal, takes advantage of one of the company's core competencies: digitizing commerce that used to be purely physical. The possibilities for the future of grocery stores are seemingly endless with Amazon driving innovation in the space. Amazon Go stores produce a ton of valuable consumer data from IoT sensors and back-end tech.
Oct-6-2017, 18:00:17 GMT
- Industry:
- Retail (1.00)
- Consumer Products & Services > Food, Beverage, Tobacco & Cannabis (1.00)
- Technology: