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SoftBank Robotics, Simbe Robotics collaborate to offer retail solution

Published 13 April 2018

SoftBank Robotics America (SBRA) has entered into a global partnership with Simbe Robotics to offer solutions to address the challenges faced by retailers in handling inventory dynamics in their stores.

Simbe Robotics, creator of Tally, the world's first autonomous shelf auditing and analytics solution, will leverage SBR's international reach and operational efficiencies to scale its business globally.

To address store operations and merchandising challenges in the $23T retail market (source), SBR and Simbe will expand deployments of Tally in Japan, North America and Europe in the near future and will commercialize more broadly over the coming years.

With Tally, retailers benefit from unparalleled visibility and insight into the state of store merchandise including:

Timely alerts for out-of-stock, low stock, and misplaced items

Audited product price tags and promotional execution

Autonomous inventory audits, allowing store associates to better serve customers

Continuous in-store performance insights for brand and retail service partners

Having deployed more than 20,000 robots globally, SoftBank Robotics has strong infrastructure in place to support robotic activations worldwide, including Tally.

Simbe CEO Brad Bogolea said: "Partnering with industry leader SoftBank Robotics gives us access to robotics deployment expertise and networks that will accelerate our global expansion.

"SBR's scale and scope of deployments is unmatched in the robotics industry, and we look forward to building a mutually beneficial relationship."

Since its unveiling in November 2015, Tally has been deployed by eight leading international retailers and has:

Safely navigated 4,500+ kilometers in-store alongside customers and employees

Captured 32M+ shelf photos, analyzing over 150M+ products and shelf tags

Completed over 7,500 hours of fully autonomous operation

SoftBank Robotics chief strategy officer Steve Carlin said: "What the Simbe team has accomplished is nothing short of remarkable.

"Their focus on delivering value to their clients through executional excellence is what makes them a leader in the retail operation and robotics space. We are thrilled to be able to help them broaden their reach in the global marketplace."

In the near future, the two companies will explore the ability to connect their robotic systems, Tally and Pepper, to further positively affect the retail experience by helping customers quickly and easily find specific products.

Source: Company Press Release.