Jan 17, 2023

SeeChange Technologies has announced a five-year partnership with Diebold Nixdorf which kicks off with the launch of the first in a series of AI powered self-checkout (SCO) solutions. UK-based SeeChange was founded in 2018 as a subsidiary of Arm, becoming independent in 2021 with seed funding investment from London-based Crane Venture Partners. Diebold Nixdorf’s Vynamic Smart Vision uses the firm’s machine learning to recognise fruits, vegetables, baked goods and items without a barcode.“Our partnership with Diebold Nixdorf is the next step in the evolution of self-service checkout – a smart SCO system that uses visual recognition and AI to recognise purchases,” says Jason Souloglou, CEO at SeeChange. “Fresh Produce Recognition is only the start of a new generation of SCO technology that simplifies customer checkout, cuts transaction times and reduces loss for retailers.” Diebold Nixdorf says that it selected SeeWare for its “uniquely modular and scalable architecture”. Matt Redwood, Vice President, Retail Technology Solutions at Diebold Nixdorf, comments: “More and more retailers are looking for efficient solutions that reduce friction points, improve the experience for the consumer and drive greater checkout efficiency.”“The difficulty comes when doing this while also keeping solutions open and flexible to anticipate future changes. SeeChange exactly meets our solution philosophy of Modularity, Openness and Availability, an approach which enables agility and flexibility when innovating.”“SeeWare enables SeeChange to bring machine vision models to the field where it can make the most difference for partners like Diebold Nixdorf, but also for their customers and their customers’ customers -like me and my wife,” says Krishna Visvanathan, General Partner at Crane Venture Partners.“As investors, but also as real-life beneficiaries, we’re very excited to see this technology begin to make an impact.”