Lumen Investor Presentation Deck slide image

Lumen Investor Presentation Deck

15 Edge-enabled contactless checkout Convenience stores and groceries are turning to edge computing to deliver seamless, contactless checkout-leveraging Al/ML, computer vision and secure, low-latency connectivity to deliver near real-time results and convenience. 1 2 50% OFF FRUIT 11 II Issued: May 2, 2023 How contactless checkout works An edge-connected sensor at the front of the store recognizes the customer's phone through an app with unique IDs and payment information The customer picks up items to put in their cart, while cameras keep track of the items by connecting and transmitting images to the edge 3 (4) 1Automatic checkout solution expert interview. 0000 Exit sensor recognizes the customer's phone to get information on items as the customer exits with purchases and receives an automatic receipt on their phone Public cloud digests sensor and video data, then applies AI/ML and computer vision to track customers and identify items ▶ ▶ Potential benefits Increasing throughput to uplift revenue by 5+%¹ Boosting revenue with inventory optimization by 1-4% Improving staff productivity by an average of 5+%' Driving a reduction in shrink by up to 4-5% LUMENⓇ
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