AI based Video Analytics for Retail Industry
The project is to transform the retailing industry so that they can help in the economic growth of the country. The project consists of an embedded system that will help the business owners to analyse the shopping behaviour of the customers and to customize their requirements. The project mainly con
Project Title
AI based Video Analytics for Retail Industry
Project Area of Specialization
Project Summary
The project is to transform the retailing industry so that they can help in the economic growth of the country. The project consists of an embedded system that will help the business owners to analyse the shopping behaviour of the customers and to customize their requirements. The project mainly consists of machine learning algorithms and all the output of the analytics will be displayed of a dashboard in the form of numerics, charts, graphs,etc.
Project Objectives
• Revolutionize the way that retailers operate
• To deploy efficient system for marketing and video analytics
Project Implementation Method
The project is based on computer vision. Firstly, the video from the retail store will be sent to the system after which it will extract information that how many number of customers are in-there, ratio of genders, peak timing of the store, frequency of the customers, etc. The data fetched from it will be stored in database and will also be displayed to the owner in real-time, owing to which she/he can make marketing decisions.
Benefits of the Project
• To decrease workload of staff in the store
• Make efficient marketing decisions
• Providing all sort of information to a remote owner
Technical Details of Final Deliverable
Final deliverables will consist of a jetson nano GPU for high computational power along with a wireless camera. This system will be interfaced to our software.
Final Deliverable of the Project
Core Industry
Other Industries
Core Technology
Other Technologies
Sustainable Development Goals
Required Resources
| Item Name | Type | No. of Units | Per Unit Cost (in Rs) | Total (in Rs) |
|---|---|---|---|---|
| NVIDIA GPU | Equipment | 1 | 25000 | 25000 |
| Camera | Equipment | 1 | 7000 | 7000 |
| Miscellaneous | Miscellaneous | 1 | 7000 | 7000 |
| Total in (Rs) | 39000 |
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