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🛍️ Shoplifters Beware: How AI is Transforming Loss Prevention

Patel
4 min readSep 3, 2024

Imagine walking into a store, casually picking up an item, and suddenly, the store’s security is alerted because an AI system spotted something unusual. It sounds like a plot from a sci-fi movie, but it’s happening right now.

AI is making a huge splash in retail loss prevention, and the results are impressive. French startup Veesion is leading the charge with an AI-powered video surveillance system that’s changing the game. Thanks to their cutting-edge technology, detection rates have skyrocketed from just 5% to a staggering 60%! Let’s dive into how this works and what it means for the future of shopping.

🚀 AI’s Big Breakthrough in Retail

Traditionally, keeping an eye on theft in stores involved a mix of security cameras, guards, and a lot of guesswork. While these methods have been around for a while, they often fall short, especially when it comes to spotting suspicious behavior in real time.

That’s where AI comes in. With advanced algorithms and massive datasets, AI can analyze shopper behavior on the spot, spotting potential thefts with much greater accuracy.

🔍 The Magic Behind Veesion’s Technology

So, how does Veesion manage to catch thieves with such precision? They’ve harnessed the power of AI by…

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Patel
Patel

Written by Patel

Software Engineer | Passionate about coding, problem-solving, and innovation. Sharing insights on tech, development, and the future of software

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