On June 30, Ruijie Network Co., LTD. (hereinafter referred to as: Ruijie Network) and Hefei Midea Intelligent Technology Co., LTD. (hereinafter referred to as: Midea Intelligent) officially signed a strategic cooperation agreement. Dai Jiang, general manager of Midea Intelligence, Du Lin, assistant general manager of Ruijie Network, Zheng Lei, general manager of wireless product Division, Xia Guoqing, general manager of enterprise Industry Department and other leaders of both sides attended the signing ceremony.
Both sides agree to take long-term strategic development into consideration, and jointly decide to utilize their respective superior resources and strength to cooperate in the integration, innovation and application of AI vision intelligent retail terminals, form a cooperative partnership, and jointly promote the market landing and popularization of AI vision intelligent retail terminals.
Ms. Du Lin, assistant general manager of Ruijie Network, delivered a welcoming speech, she said, "Retail is related to the life experience of every ordinary person, and every revolution of it is changing the consumption habits of hundreds of millions of people. This is an industry that embraces innovation and is very tolerant of new technologies and products. As a representative of the intelligent commercial cabinet industry, Midea intelligence represents the high level of intelligence and digitalization in the retail field. Ruijie adhering to the concept of 'in-depth scene to do products' in the field of technology innovation, the application of artificial intelligence in the retail field is also our important direction, looking forward to the future and Midea intelligence hand in hand to explore more prospects for cooperation.
Ruijie network general manager assistant Ms. Du Lin
Dai Jiang, general manager of Midea Intelligence, agreed with Ruijie's insistence on scene innovation and deep integration of technology and application. He said: "Ruijie is an enterprise that respects scene and products. In the past few years of cooperation, both sides are close and stable in technical cooperation. There is a large market space for smart retail solutions, and the large-scale outbreak of a market is based on the highly standardized product solutions, so that the cost of each link can produce a large-scale marginal effect. To achieve a breakthrough in the production of an innovative thing, you need to greatly reduce costs, improve scalability, and make mass manufacturing possible. In this process, focus is essential. I deeply feel the focus of the whole enterprise and the team in Ruijie."
Dai Jiang, general manager of Midea Intelligence
Zheng Lei, general manager of wireless products division of Ruijie Network, reviewed the process of integration and innovation of intelligent commercial cabinet products with Midea, and said that the breakthrough of productization of intelligent commercial cabinet is the result of co-creation of Ruijie and Midea intelligent. "In order to realize the commercialization and even large-scale application of intelligent cabinet, we have carried out four technological iterations, and finally reduced the cost of computing power a hundredfold, and made the cost and key business indicators reach the operational level. Midea intelligent high product standards and high technical requirements, help Ruijie deep into the business scene to go ".
Xia Guoqing, general manager of industry department of Ruijie Network enterprise, introduced the overall strength of Ruijie and its achievements in the enterprise market. He said that Ruijie has served more than 10,000 enterprises in the enterprise market, covering all 25 market segments. Especially in the business chain, real estate hotel has a deep accumulation, hope with Midea intelligence in the retail field can collide more sparks."
Ruijie AI enables intelligent container to help scale operation
As we all know, with the rapid evolution of the digital economy, the new retail formats formed by artificial intelligence, Internet, big data and other technologies are standing on the cuspor. As an innovative business model, New Retail is committed to using digital technology to break through the "last 5 meters" of consumers' purchase of goods, perceive consumers' consumption habits, and thus provide diversified and personalized convenient products and services.
AI vision intelligent container created by Ruijie is a mature product innovation form born in the evolution of new retail. It has three advantages of fast and reliable identification, rich category support and efficient and controllable operation. Through core technologies such as artificial intelligence and big data, it fully makes up for the shortcomings of various products such as vending machines, RFID unmanned cabinets and static visual cabinets before. At the same time, the cost is lower, SKU categories are richer, the identification is more accurate, and the new speed is faster. Create intelligent cabinet solutions that truly meet consumers' shopping experience and have commercialization and large-scale operation.
Ruijie is one of the earliest manufacturers to enter the field of retail AI in China, and is also a well-known enterprise in the electronic information industry. For a long time, Ruijie actively expand the retail segment scene, to help the digital process of various industries. Now in the retail industry, Ruijie has a full set of artificial intelligence automated training platform and supporting tools, which provides a convenient path for quickly landing the actual scene.
As one of the world's top 500 Midea Group's digital innovation businesses and a national high-tech enterprise, Midea Intelligent is a representative enterprise in the intelligent commercial cabinet industry, and has been committed to improving the level of terminal intelligence and business digitalization in the retail field. Over the years, under the research and development team and unremitting efforts, the technical level of Midea intelligent has always been in the advanced position in the industry, its various intelligent terminal software and hardware integrated solutions have been widely used in the market.
Using Ruijie's AI capabilities in place, combined with Midea's innovative technology and experience in smart containers, unmanned retail, and hardware and software integration, the cooperation between the two parties has been developed in the "east wind".
In the future, the two sides will use their respective advantages and strengths to cooperate in the integration innovation and application of AI visual intelligent retail terminal, jointly promote the new retail innovation integration based on AIoT(artificial intelligence Internet of Things) technology, actively layout AI productization in the field of smart retail, and utilize the innovation of technology and business model. Expand the boundaries of shopping, retail and "O+O(Online + Offline, online + offline)" business.
