It seems as though JD.com is constantly being talked about these days; not solely because it leads the industry as China’s largest retailer; but also because the company is actually acting like a leader. JD.com, or Jingdong, is constantly finding new ways to use its state-of-the-ark logistics network and infrastructure to improve areas that would otherwise be only barely related to its market, such as food production or transparency in the medical field. Now, JD.Com has partnered with Intel to create a joint lab for the purpose of finding even smarter retail solutions using IoT, or the Internet of Things. Intel architecture shows that the Digitized Retail Joint Lab will seek to develop new and improved technologies, from next-level solutions for media and advertising to new, advanced vending machines.
Intel and Jd.com are working together on this project, after successful work as a team in the past including the merge of Intel’s OpenVINO architecture for computer vision and RRI edge computing with the in-place algorithms JD.com uses to analyze the traffic and purchasing habits of its customers; overall, to allow store owners to cater to the consumer needs. Though JD.com is a big player in the online retail game, it still cares about its own brick-and-mortar locations along with the existence of many offline stores in the country. The lab will combine JD.com’s and Intel’s collective strengths in order to create solutions for offline stores that competing online stores have by default, particularly with personalizing the shopping experience for consumers.
JD.com is the most influential retailer in China and leads the industry in data-driven innovation for both online and offline retail; said by Intel’s VP Wei Chen, Intel is thrilled for the next-level partnership with Jingdong.
JD.com preaches their RaaS Initiative, or the utilization of “retail as a service” to the consumers, and actually follows through by sharing the cutting edge advances in infrastructure and technology they have made with countless retailers through many industries, with the goal of revolutionizing global retail as a service. The overall retail ecosystem can be recreated in a sophisticated and advanced way using Jingdong’s capabilities and Intel’s technologies, bringing modernization to online and offline retail stores alike.
Details JD via Twitter : https://twitter.com/jd_corporate
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