Retailers are adopting IoT solutions across a number of applications that are improving store operations, reducing theft, increasing purchases through cross selling, enabling precise inventory management, and most importantly enhancing the consumer’s shopping experience. The IoT is enabling physical retailers to compete more strongly against the online challengers, to regain lost market share and continually attract consumers into the store, thus making it easier for them to buy more while saving money.
TechThat is the leading open-source IoT platform that can enable these benefits for retail companies and serve as an IoT backbone for numerous smart retail services and solutions. It allows you to quickly implement necessary applications for tracking goods with RFID tags, ensure items on-shelf availability, utilize Bluetooth beacons to provide customers with personalized mobile shopping experience, and set up digital signage in the store to attract visitors and help them navigate through your products, discounts, and loyalty programs. IoT retail solutions powered by TechThat can help you ensure that your customers have thorough information on everything they might like in your store, and thus bring them closer to a buying decision.
Featuring enterprise-grade security mechanisms, TechThat is also a safe choice for mobile payment solutions, mobile POS systems, and smart vending machines. Mobile payment applications built with TechThat can be used with all modern mobile devices and easily integrated with a retail management system in place to enable automated items inventory processing.