Nota, on-device AI solution start-up based in South Korea, has signed MoU with E-mart (#1 retailer in South Korea) for effective inventory and in-store management solutions.
Based on the MoU, two companies cooperate with developing AI solutions that detect in-store inventory status and apply this for effective store management. In particular, Nota's compressed realtime object detection and classification AI model enables working the solutions while keeping existing store displays.
Myungsu Chae, CEO of Nota, said, "There are limits applying previous AI solutions on-site because of high cost, data security risk, and network issues. By the MoU and this project, we anticipate to provide optimized on-device AI solutions under the various on-site circumstances.