VANTECH INNOVATIONS PRIVATE LIMITED

In their own words

Vantech innovations Private Limited has been established with the aim of providing Machine Learning & Artificial Intelligence based solutions for retail based computer vision. Computer vision as a technology is changing the way we look at the world, with enhanced computing and processing power combined with advanced machine learning algorithms. One can use video feeds to identify objects, vehicles, animals and humans. Currently most brands require external sources to collect data on their consumers which are not reliable and often patchy. Our product uses cutting edge technology to identify customer demographics and give actionable insights to brands / retailers. This data is especially useful in segmentation and predicting consumer behavior. Once brands are able to identify their customers, they can offer customized solutions. We will be installing High-tech video cameras and servers which will be capturing and processing consumer information. This product will also offer brands- walk-in information on how many customers actually visited their stores. Currently, we have been able to develop software that captures consumer data from video footage and then produces customer information. The data is then stored into databases which are used by brands to do real-time analytics and Machine Learning. We will also enhance the value of this data by applying advanced analytics to provide brands with actionable insights which will be useful for them in increasing sales and reducing costs.

Written by the company on its public Startup India profile. Not verified by us.