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msight.com

Founded Year

2014

Stage

Series B - II | Alive

Total Raised

$44.2M

About MSIGHT Technologies

MSIGHT Technologies is a company that focuses on artificial intelligence and the innovation of image technology. By using the software the company develops, users can do fashion image search, photo tagging, and fashion visual analysis.

MSIGHT Technologies Headquarters Location

No. 1508, One City Center Shenyan Road, Yantian District

Shenzhen, Guangdong, 518081,

China

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Research containing MSIGHT Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned MSIGHT Technologies in 2 CB Insights research briefs, most recently on Mar 15, 2022.

Expert Collections containing MSIGHT Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MSIGHT Technologies is included in 4 Expert Collections, including Store management tech (In-store retail tech).

S

Store management tech (In-store retail tech)

1,484 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

A

Artificial Intelligence

9,093 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

R

Retail Tech 100

100 items

The winners of the 2020 CB Insights Retail Tech 100, published December 2020.

A

AI 100

100 items

Winners of CB Insights' 5th annual AI 100, a list of the 100 most promising private AI companies in the world.

Latest MSIGHT Technologies News

Walmart Innovates at the Retail Edge with AI

May 24, 2021

Walmart Innovates at the Retail Edge with AI In groundbreaking self-service solution from Malong and Dell Technologies, Walmart is showing the power and potential of artificial intelligence at the retail edge. From its humble beginnings in a small town in Arkansas in 1962, Walmart has grown to become the world’s largest retailer. In an amazing retail success story, Walmart now serves about 220 million customers each week, employs more than 2.3 million associates worldwide and generates, at last count, $559 billion in annual revenues. [1] Throughout its history, technical innovation has been a cornerstone of the Walmart approach to the retail business — and a key enabler of the company’s dramatic success. This unrelenting focus on innovation continues today as Walmart puts new solutions to work to create seamless shopping experiences, streamline the checkout process, prevent losses and address other pressing challenges in the rapidly evolving world of retail. Among these innovations is an intelligent product recognition solution that has proven its potential to accelerate the self-service experience for customers who shop in the company’s approximately 10,500 stores and clubs. This revolutionary solution is RetailAI® Fresh from Malong Technologies, running on GPU-accelerated servers from Dell Technologies. The RetailAI® Fresh solution, delivered initially in select stores in China, uses artificial intelligence to automate the recognition of fresh produce products when customers put them on self-service scales. The technology improves the self-service shopping experience by helping customers save time and making it easier for them to shop for produce, all while lowering Walmart’s operational costs. With conventional self-service scales, customers often need to click through several screens to identify the correct product among hundreds of possible options. This can be confusing, causing customers to seek the help of store associates to complete the weighing process. RetailAI® Fresh removes this barrier by integrating state-of-the-art AI product recognition capabilities into Walmart’s already-deployed traditional self-service scales, transforming the scales into cutting-edge AI devices while reducing the need to purchase new equipment. RetailAI® Fresh makes the shopping process easy. The customer simply places a bagged produce item on the scale and RetailAI® Fresh does the rest of the work. The system accurately identifies the product without any change to normal customer or shopping behavior, even when items are in multiple layers of clear plastic bags or other protective materials. Now, with just one click, customers are empowered with a simple and quick experience to print their payment labels and complete the process. As for the results, RetailAI® Fresh is helping shoppers check out produce faster than ever before and reducing customer queues during peak hours. According to data from 10 Walmart stores running the solution live, average weighing time is down by approximately 40 percent, which further results in high customer satisfaction and increased overall transactions. [2]   The engine under the hood The real workhorse here is the Dell EMC PowerEdge R7525 server. It’s a highly scalable two-socket 2U rack server that’s built to deliver powerful performance in flexible configurations. This server is powered by AMD EPYC™ processors with up to 64 cores per processor and accelerated with up to three double-wide 300W or six single-wide 75W GPUs. Key takeaways Through the combination of world-class software from Malong Technologies and a powerful processing platform Dell Technologies and NVIDIA, Walmart is able to deliver groundbreaking AI acceleration at the store edge. The outcomes of this project provide clear evidence of a significant improvement in overall customer experience and a solid return on investment. Thanks to advanced AI technology, Walmart stores using the RetailAI® Fresh solution can now offer their customers a smoother, faster and friendlier self-service experience at the produce scale. For a deeper dive into solutions from Malong and Dell Technologies, see the white paper “ Retail Analytics with Malong RetailAI® on Dell EMC PowerEdge servers .” This technical white paper shows how the solution stack can deliver high-throughput and low-latency inferencing performance on the NVIDIA AI software platform powered by NVIDIA Tensor Core T4 GPUs. [1] Walmart, “ Our Story ,” accessed May 17, 2021.

MSIGHT Technologies Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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MSIGHT Technologies Rank

  • When was MSIGHT Technologies founded?

    MSIGHT Technologies was founded in 2014.

  • Where is MSIGHT Technologies's headquarters?

    MSIGHT Technologies's headquarters is located at No. 1508, One City Center, Shenzhen.

  • What is MSIGHT Technologies's latest funding round?

    MSIGHT Technologies's latest funding round is Series B - II.

  • How much did MSIGHT Technologies raise?

    MSIGHT Technologies raised a total of $44.2M.

  • Who are the investors of MSIGHT Technologies?

    Investors of MSIGHT Technologies include Accenture Ventures, New Tech Business Camp Tokyo, SoftBank China Venture Capital, Telescope Investment, Fortune Capital and 8 more.

  • Who are MSIGHT Technologies's competitors?

    Competitors of MSIGHT Technologies include Everseen.

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