2900: Transforming Grab-and-Go: The Role of AI and IoT in Modern Retail

How can smart vending machines change the way we shop for food on the go? In this episode of Tech Talks Daily, I sit down with Aslak de Silva, CEO of Selfly Store, to explore how his company is leveraging IoT, AI, and intelligent vending machines to transform the grab-and-go food shopping experience. Selfly Store is at the forefront of innovative retail technology, using real-time data and AI to predict demand, optimize operations, and enhance customer convenience. De Silva shares insights into how these smart vending machines provide merchants with invaluable data on inventory, sales, and customer behavior, allowing for dynamic pricing and predictive planning. This technology not only boosts sales but also enables 24/7 service without additional overhead costs. We'll delve into the concept of "half-mile stores," hyperlocal vending solutions that meet consumers' immediate needs based on real-time data, and discuss the critical role of properly categorizing and cleansing data to extract meaningful insights from AI. De Silva's vision for the future includes more automated, data-driven retail solutions that can adapt to consumer demand and streamline operations. Join us as we uncover the benefits and challenges of integrating AI and IoT into retail, and explore how business leaders can harness these technologies to stay ahead in a rapidly evolving landscape. Aslak de Silva provides a unique perspective on the future of intelligent vending and the transformative potential of data-driven retail solutions. Are you ready to see how smart vending machines are shaping the future of grab-and-go shopping? Tune in to this insightful episode and share your thoughts on the potential of AI and IoT in revolutionizing the retail industry.