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AI Can Enhance Loss Prevention in Retail and Wholesale Industry, Says Info-Tech Research Group in New Resource

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In a recently published industry blueprint, Info-Tech Research Group explains the transformative potential of AI to revolutionize loss prevention strategies within the retail and wholesale industry. The firm details how the industry can manage risks and improve efficiency by adopting technologies like AI. The blueprint will equip IT leaders with the tools needed to embrace AI-led technologies and stay competitive in the ever-evolving retail market.

TORONTO, June 12, 2024 /PRNewswire/ – The retail and wholesale industry is consistently battling challenges like theft, fraud, and operational inefficiencies, which can pose significant impacts to the bottom line. To stay competitive and mitigate these losses, Info-Tech Research Group explains in a new industry resource that organizations are increasingly adopting cutting-edge technologies such as AI, machine learning, and advanced surveillance systems. In response to these needs, the global research and advisory firm has published its latest blueprint, AI in Retail & Wholesale Loss Prevention. This comprehensive research will equip industry IT leaders with innovative strategies to analyze operational patterns to predict and prevent losses, ensuring long-term success in a competitive market.

“AI has had a transformative impact on retail and wholesale. Advanced analytics and insights offered by AI provide retailers with an unprecedented level of understanding of in-store and warehouse activities,” says Shreyas Shukla, principal research director at Info-Tech Research Group. “The adoption of AI-based solutions is a necessary step toward survival and profitability in the competitive retail landscape.”

Info-Tech’s blueprint details the pressing need for the retail and wholesale industry to adopt various technologies to address its current challenges. However, integrating technologies like AI with existing systems and infrastructure can be complex and resource intensive. Moreover, this integration raises privacy concerns and ethical questions about surveillance and consumer rights, which can lead to issues with legal compliance. The significant investment required for advanced AI systems can also pose a barrier, particularly for medium and small enterprises. With these challenges in mind, the firm recommends that the industry make immediate technological advancements to remain competitive in today’s environment.

“Ethical concerns regarding privacy and the potential for false positives in AI-based systems necessitate a careful and responsible approach toward implementing these technologies,” explains Shukla. “However, it’s undeniable that AI is revolutionizing retail and wholesale loss prevention, serving as a game changer that enables retailers to address threats before they result in significant losses.”

Info-Tech’s blueprint highlights the growing importance of AI-led technologies in loss prevention. Retailers are increasingly exploring and implementing these advanced technologies, such as AI-driven facial recognition, feature matching, behavioral analytics, and vision systems, alongside traditional electronic article surveillance (EAS) systems. AI is gaining traction in the industry, offering new ways to enhance security and reduce losses.

AI in Retail & Wholesale Loss Prevention outlines a comprehensive loss prevention framework for the retail and wholesale industry, consisting of ten key steps:

Assess the current loss prevention status.Set clear loss prevention goals.Understand the risks associated with the retail environment.Invest in employee training and awareness.Implement physical security measures.Leverage fit-for-purpose AI and technology solutions.Use advanced data analytics to gain insights.Collaborate with external partners, law enforcement, and security experts.Develop a structured response plan for incidents.Ensure compliance and ethical considerations.

The firm’s recent research underscores the significant potential of AI in loss prevention. By leveraging AI to analyze real-time video feeds, retailers can detect suspicious behaviors and alert staff promptly, effectively reducing shoplifting and theft. Furthermore, AI can optimize operational processes, minimizing errors and enhancing overall efficiency.

As the retail and wholesale sector continues to face evolving challenges, Info-Tech recommends the industry invest in modern technologies to remain competitive and secure long-term success.

For exclusive and timely commentary from Shreyas Shukla, an expert on the retail and wholesale industry, and access to the complete AI in Retail & Wholesale Loss Prevention blueprint, please contact pr@infotech.com.

Info-Tech LIVE 2024

Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024, taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or gain access to research and expert insights on trending topics, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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The New DePin: OKZOO’s Environmental AIoT Machine Network Leads New Tech Trend

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HO CHI MINH CITY, Vietnam, April 26, 2025 /PRNewswire/ — The “new DePin” (Decentralized Physical Infrastructure Network) trend is arising, as OKZOO’s AIoT devices see explosive growth and traction.

AIoT is short for AI combined with Internet of Things (AIoT), a new category that bridges physical hardware with decentralized network. OKZOO uses AIoT devices to gather environmental data such as noise pollution, air pollution, CO2 levels, and humidity.

OKZOO has already seen massive adoption with 12 million ecosystem users, primarily through its virtual AI pet apps OKZOO V1 and V2.

How AI Pets and Portal Devices Collect Environmental Data

OKZOO’s development began with an intriguing hypothesis: could engaging pet applications serve as the foundation for sophisticated real-world AIoT networks? The team systematically validated this concept through strategic platform iterations.

Their V1 release, a straightforward pet simulator, attracted 7 million users, demonstrating that emotional connections remain powerful in today’s digital landscape. Following this achievement, V2 introduced AI-powered pets capable of learning and evolution, gaining 700,000 users within its initial month.

This validated market traction led to the creation of the P-mini—a compact AIoT device that integrates digital pets with environmental monitoring technology. The P-mini o1 incorporates both sensor technology and an interactive AI companion that reacts to environmental conditions, enabling digital pets to exist in contexts beyond traditional screens.

Traditional environmental monitoring faces significant challenges: data sparsity, lack of real-time granularity, and verification difficulties. Government sensors provide only generalized data that misses hyperlocal variations in air quality, noise pollution, and other environmental factors that directly impact daily life.

This creates blind spots in urban environments where pollution levels can vary dramatically between neighborhoods or even streets.

The P-mini addresses these gaps by creating a grassroots network of sensors collecting street-level data. What sets OKZOO apart from conventional DePin networks is its innovative approach to user engagement. Rather than relying solely on financial incentives, the P-mini integrates virtual pets that respond to environmental surroundings, transforming data collection into an interactive, emotional experience.

In-House Manufacturing Capabilities

A key competitive advantage for OKZOO lies in its in-house manufacturing capabilities. Unlike many projects that rely on third-party manufacturers, OKZOO controls its hardware production process, ensuring scalability, quality control, and faster iteration based on user feedback. This vertical integration allows for rapid adaptation to market demands and technological advances.

The ecosystem operates on an incentive model that rewards users for running P-mini devices and contributing environmental data. These contributions establish a comprehensive database powering sophisticated AI applications ranging from customized health guidance to urban planning solutions.

As environmental awareness becomes increasingly important, OKZOO positions itself at the intersection of utility and engagement. By making data collection enjoyable through pet companions, the project creates sustainable user participation while addressing real environmental monitoring needs.

For a market seeking practical applications, OKZOO’s unique positioning across AI, environmental monitoring, and hardware manufacturing presents a compelling vision for addressing real-world challenges while creating engaging user experiences.

Website: https://okzoo.app/en
X: https://x.com/okzoo_app

 

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SOURCE OKZOO

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CCTV4: 20th China Film Huabiao Awards

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BEIJING, April 26, 2025 /PRNewswire/ — The latest data from the National Film Administration have revealed that the box office revenue of the mainland Chinese film market has already passed the 25 billion yuan (US$3.4 billion) mark in 2025. This compares to 42.5 billion yuan (US$5.8 billion) for the whole of last year, and shows that Chinese cinema is continuing to dominate the global film market. In 2025, the world is celebrating 130 years of cinema and China is marking the 120th anniversary of its own film industry. On April 27th Qingdao in Shandong Province is hosting the 20th China Film Huabiao Awards ceremony. Hundreds of industry luminaries will gather for the event, the theme of which is “Building Dreams through Film, Embracing the Spirit of the Era”. Together they will honor the collaborative and pioneering spirit of China’s filmmakers and celebrate the outstanding progress made by its film sector. The gala will be broadcast live on the CCTV-6 Movie Channel and the CCTV-4 Chinese International Channel, with simultaneous online coverage on China Media Group’s multi-platform networks, the Movie Channel’s own digital ecosystem, and other online platforms.

 

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SOURCE CCTV4

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Petal Ads Hosts “Think Tank 2025” Seminar in Japan to Empower Japanese Companies’ Global Expansion

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TOKYO, April 26, 2025 /PRNewswire/ — Petal Ads, Huawei’s leading global mobile advertising platform, today successfully hosted the “Think Tank 2025” seminar in Japan. The event convened prominent brands and domestic agencies from the travel, beauty, luxury goods and lifestyle services sectors to showcase Huawei’s all-scenario intelligent advertising solutions built on the HarmonyOS ecosystem, offering Japanese enterprises fresh digital-marketing strategies for entering the Chinese and wider global markets.

As a technology company deeply rooted in Japan for nearly two decades, Huawei leverages its global ecosystem and the innovation of HarmonyOS to continuously empower partners’ digital transformation. “Through in-depth local insights, we have built an intelligent advertising platform that connects global users,” said Zhou Rong, Director of Asia-Pacific Ecosystem Development and Operations at Huawei Consumer Business Group. “Petal Ads’ unique all-scenario solutions not only precisely reach segmented audiences but also help Japanese brands unlock commercial value in cross-cultural communication.”

At the seminar, Yang Yang, Global Marketing Director of Huawei Ads, presented an integrated marketing strategy within the HarmonyOS ecosystem. Syaliza Abd Aziz, Japan representative of the Malaysia Tourism Promotion Board, discussed her organization’s strategic partnership with Petal Ads on Visit Malaysia 2026. Colin Duan, Chief Product Officer of third-party data firm QuestMobile, used detailed analytics to decode Chinese internet users’ consumption patterns in travel, beauty and other industries, providing decision-making insights for Japanese companies’ local-market campaigns. Fukuzumi Ryo, co-founder of leading Japanese ad agency Unbot, shared multiple success stories on site, demonstrating Petal Ads’ technical strengths in precise customer acquisition and performance conversion in Japan.

The upgraded “Think Tank 2025” marks a significant milestone in Petal Ads’ globalization strategy. With three core advantages—intelligent ad technology, a premium global user base and customizable all-scenario solutions—the platform now delivers monetization services to 53,000 apps across more than 200 industries worldwide. Looking ahead, Petal Ads will deepen strategic collaborations with its Japanese partners and continue to foster more high-quality brands’ international growth through an innovative digital-marketing ecosystem.

For more information, please visit: https://ads.huawei.com/

About Petal Ads

Petal Ads is Huawei Terminal Cloud Services’ global commercial-service platform, dedicated to providing advertisers and developers with intelligent marketing and traffic-monetization solutions. As of March 2023, the platform spans over 200 industry verticals and operates in more than 170 countries and regions, continually empowering partners’ commercial growth and brand enhancement via HarmonyOS’s all-scenario intelligent distribution capabilities.

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SOURCE Huawei Mobile Services

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