Trigo Vision, a leading provider of computer vision AI technology, announces the launch of its AI-driven loss prevention solution. The solution addresses the growing challenges of retail theft and inventory shrinkage, which result in estimated losses of over $130 billion annually, with shoplifting incidents up 93% compared to pre-COVID levels.
Building on its proven computer vision technology—already deployed at autonomous stores by some of the world’s largest retailers, including Tesco in the UK and REWE in Germany—Trigo’s latest solution offers a capex-free approach to combat retail loss.
The solution uniquely compares each scanned item with what the shopper picks up, identifying any mismatches in real time. If an item is taken but not scanned, an alert is triggered at checkout—maintaining customer privacy and a frictionless shopping experience.
Enhanced Detection That Improves the Customer Experience
While many retailers have “eyes”—CCTV cameras—Trigo’s computer vision AI acts as a brain. The platform tracks shoppers as anonymised figures and identifies which items are picked up—particularly from high theft areas—then cross-references them against what’s scanned at checkout, whether the items are visible or concealed.
Unlike traditional systems that focus only on checkout, Trigo addresses a key blind spot: most shoplifters conceal items in-store, long before reaching the tills. Trigo is the only solution that identifies these actions in real time, delivering instant alerts to store security—across all checkout methods, including self-checkout, manned tills, or Scan&Go—while the shopper is still on-site.
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Privacy-First Approach
Designed with privacy as a top priority, Trigo’s solution never uses, collects, or stores any biometric data. Most importantly, the technology is frictionless, ensuring a seamless shopping experience for honest shoppers.
Rapid Deployment Using Existing Infrastructure
Trigo’s solution leverages existing CCTV infrastructure within stores, eliminating the need for significant capital investment in new hardware. Implementation is straightforward, requiring only a connection to existing Network Video Recorder (NVR) systems and integration with the Point of Sale (POS) system. This enables rapid deployment, minimal disruption to operations, and delivers instant ROI.
Daniel Gabay, CEO of Trigo, commented: “Trigo’s mission is to empower retailers with cutting-edge Computer Vision AI technology to address the sector’s biggest challenges. With retail theft on the rise, we are proud to launch a solution that integrates easily into existing estates and delivers quick and efficient loss prevention, along with an improved experience for both retailers and customers.”
Source: PRNewswire