Dmitry Rodin, CEOUnlike conventional methods, like barcode and QR code scanning, RRS employs state-of-the-art computer vision technology to visually recognize freshly made dishes that determine even the finest details, like whether a cup of coffee contains sugar or not.
Dmitry Rodin, CEO of RRS, firmly believes in the transformative potential of RRS technology. He states, “First and foremost, it is about unmatched accuracy. Our organization consistently achieves an accuracy rate that exceeds 98 percent, and this isn't just a statistic. It validates our neural network's exceptional capabilities, recognized by industry experts worldwide. This precision level is groundbreaking in the realm of cashier-less transactions, establishing RRS as a pioneering force.”
“Next,” he continues, “our system operates at a remarkable speed. Imagine a scenario where a customer has a tray with five to seven dishes. RRS's recognition speed is ten times faster than a human cashier, which results in shorter queues and reduced waiting time. It is a game-changer for businesses and consumers, delivering an unparalleled shopping experience.”
“Last but certainly not least,” Dmitry Rodin asserts, “our technology brings remarkable cost-effectiveness. Consider a 160-restaurant chain in France. We anticipate that the annual labor cost savings will exceed €7 million after implementing RRS technology. The reduction in customer waiting times also contributes significantly to business revenue. RRS does not just enhance operational efficiency; it boosts profitability. Another example of our business efficiency is that we provide easy-toget in terms of cost per checkout. Before implementing RRS's Robot-Cashier, the client’s restaurant incurred a cost of €0.315 when human cashiers were employed. However, with RRS, it drops to an astonishingly low €0.027 per checkout, which is a 91 percent decrease in costs.”
According to Rodin, besides providing technology, RRS acts as a transformative force that reshapes the catering and retail landscapes by optimizing checkout processes. The firm’s residency at Station F in Paris underscores its commitment to innovation, positioning it as a leader in the European technology innovation sector.
The company's success stories are impressive. In Estonia and France, RRS piloted projects in self-service restaurants, showcasing the superiority of their recognition system. These establishments, known for serving multiple dishes within a short time span, have experienced a revolutionary change. The firm ensures a seamless and efficient dining experience, which is vital in a fast-paced world.
Even in bustling restaurants, RRS's system remains fast, handling group payments of up to 12 items. The processing time is consistent, showcasing RRS's reliability. Compared to the time customers take to scan barcodes in supermarkets, RRS's system excels in efficiency, enhancing the shopping experience.
In France, RRS overcame the challenge of differentiating between similar bottles, an achievement that traditional imageprocessing neural networks could not manage. RRS's solution, pending patent approval, marks a leap in neural network technology, highlighting the company's commitment to solving real-world problems in the retail sector.
Besides being located in Station F, RRS has workspaces and a Robot-Cashier demonstration area that is in close proximity to major companies such as Google, Microsoft, Apple, Meta, LVMH, and Slack. While it may be too soon to compare RRS with these companies, experts see this proximity as a strategic choice and as technology’s global potential indicator.
RRS provides end-to-end solutions, including equipment installation and personnel training, seamlessly integrated in a 60-minute window, ensuring a consistent and efficient implementation worldwide.
RRS technology brings remarkable cost-effectiveness: annual labor cost savings exceeding €7 million for 160-restaurant chain and 91% decrease of Cost per Checkout at the same time
RRS is attempting to meet the retail sector’s unique requirements as it prepares to enter the US market at the end of 2023. In 2024, it aims to redefine the retail industry by introducing 'care style,' a user-friendly approach that simplifies the setup process for its cutting-edge technology. This innovative approach is expected to set a new standard for the broader retail market, offering consumers a seamless and efficient checkout experience.
Looking ahead to 2025, Retail Robotics Solution anticipates the emergence of a 'care style' approach. Delivery will consist of one or more boxes with clear, user-friendly instructions, making it easy for individuals to connect cords, power up the system, and assemble components. RRS has developed a sophisticated neural network that can process multiple unique images, introduce a groundbreaking solution benefiting the food service industry, and set a new standard for the retail market.
In conclusion, Retail Robotics Solutions, with its innovative 'Face-ID for food' technology, is paving the way for the future of retail, offering unparalleled speed, accuracy, and cost-effectiveness. The firm continues to shape the industry's landscape and deliver the checkout experience of tomorrow. Through its commitment to excellence, global presence, and cutting-edge technology, RRS is poised to transform the retail sector in distinctive ways that ultimately benefit both businesses and consumers.
