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Selfie Pay Developed with AI by Wiseasy Makes Its Debut

2018-03-24 关键词:

The business application prospect for artificial intelligence (AI) became a new industry-wide hotspot at the Eleventh China Business Informatization Conference which was held from March 21 to 23, 2018 in Wuhan. At the communication meeting themed with “New opportunities for AI”, Dr. Zhao Yong, founder of DeepGlint, Liu Jianfeng, senior product director of Ali LST, and Li Yan, founder and CEO of Beijing Wiseasy Technology Co., Ltd. (“Wiseasy”), aired their insights on the development of AI and the opportunities and challenges in the business application of AI.

 

 

Sponsored by the Special Committee on the IT Business Application under the China Electronics Chamber of Commerce, China Business Informatization Conference has been held for 11 times successively. The new technologies, new products and new services in the field of business in China make their debut at this Conference early each year. The Conference has been regarded as a “weathervane” of their industries by large commercial enterprises and users, dealers responsible for nationwide channels and software and hardware manufacturers. The wave of AI has become a new focus, surging the previous wave of upgrading intelligent POS starting from 2015.

 

Dr Zhao introduced the maturity of the domestic development of AI, and analyzed a large number of cases on applying AI in the field of business. According to him, it is impossible to really widen the gaps in terms of business experience and competition efficiency by simply updating intelligent equipment and increasing functions; the core competitiveness of a business enterprise lies in data, computing power, and algorithm.

 

Liu Jianfeng introduced the success of the rapid expansion of Ali LST, and shared his view on the impact of AI technology on the future structure of retailing industry, and his views on the new business pattern.

 

Li Yan called 2018 the year of AI for business terminals. “From 2018 onward, there will be only two kinds of business terminals – those with AI capability and those without. The age in which intelligent system and function system were used to divide business terminals is over. The terminals that do not have AI capabilities will be plunged in price wars forever, while the terminals without operating capability and service value will be eliminated even if they are equipped with intelligent operating system.”

 

 

At the meeting, experts shared the forecast data about how AI can drive industrial revolution and economic development. With the change in the role of AI technology from “supplementary intelligence” to “enhanced intelligence” and further to “autonomous intelligence”, the AI industry scale and AI’s impacts on GDP are gradually increasing, and AI will drive the growth of GDP by a margin ranging from 2.9 percent to 4.0 percent. AI will obviously drive the development of five industries – finance, medical treatment and health, agriculture, commerce and energy. For example, AI technologies will have brought additional revenue of 41 billion US dollars to the American retailing industry by 2025, and they will have reduced the costs of 54 billion US dollars by then. The application of AI in the field of commerce will become a new technological force driving economic growth.

 

At the Conference, Beijing Wiseasy Technology Co. Ltd. (“Wiseasy”) released WISEYE– an AI service terminal having the capabilities of facial recognition and interactive voice response. It is the first product of its kind in the industry. The company also provided thousands of on-site audiences with the opportunities of experiencing the automatic cashier services such as facial recognition required for membership, automatic preferential treatment and personalized marketing.

 

 

According to its person-in-charge of the marketing department, Wiseasy is the inventor of the first Internet-based POS machine in China. Moreover, the WPOS developed by Wiseasy is China’s first fully screen-touching smart POS machine that obtains the security certification granted by UnionPay, representing an entirely new kind of product, and leading a revolution of replacing Nokia-type POS with intelligent iPhone in the POS industry. Today, Wiseasy leads a new round of AI revolution for business terminals with completely technological upgrading and bottom designing tailored to artificial intelligence.

 

 

We are in an era witnessing accelerated changes. This is an era facing various kinds of concepts about new retailing and intelligent business, the raucous appearance of various kinds of business terminals, and the budding power of the updated bottom technologies. In 2018, AI is “knocking the door”!

 

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