NTT DATA and Spacee Partner to Disrupt the Retail Supply Chain
PLANO, TX – January 13, 2020 – NTT DATA Services, a recognized leader in global technology services, today announced a partnership with Spacee, a retail market disruptor who provides supply chain and inventory management solutions using computer vision and artificial intelligence. Together, the companies will deliver a suite of smart retail capabilities that empower retailers to digitally transform their operations by automating tasks and using data to streamline operations while gaining long-term competitive advantages.
The partnership will bring together Deming™ Robotics by Spacee that enables real-time inventory data and NTT DATA’s cloud-based intelligent enterprise platform, Nucleus, which provides analytics, intelligent automation and systems integration capabilities. The collaboration between these companies will provide enterprise-grade managed services for converting data about stock levels, planogram, inventory, signage and other store events into actionable insights. It will also create data-driven and customer-centric supply chain and store operations by using AI-enabled computer vision data capture, smart digital shelves, edge computing, cloud analytics and integration to enterprise systems.
“Our partnership with NTT DATA allows us to use machine learning to intelligently detect virtually any inventory management scenario,” said Larry McNutt, Chief Technology Officer, Spacee. “With NTT DATA, the Deming solution will deliver dramatic cost and time savings, as well as accuracy improvements, while also presenting retailers with detailed and customized analytics. This level of intelligent automation has not been available to the market previously.”
"NTT DATA believes that data is power. But it’s only powerful if you’re able to make sense of it with a human-driven and business-value focused mindset and approach,” said Bob May, Senior Vice President, NTT DATA Services. “NTT DATA is partnering with Spacee because they offer simple solutions to large supply chain and inventory problems retailers have been facing for years. Spacee’s retail technology is scalable, cost effective and virtually transparent to any shopper.”
About NTT DATA
NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.
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