Articles from Everseen

Everseen, a global leader in Vision AI solutions for the retail industry, today announced the appointment of Joe White as chief executive officer, effective immediately. White brings more than 30 years of experience building and scaling enterprise technology solutions for global customers across retail, logistics, and industrial sectors.

Everseen, the leader in vision AI for global retailers, today released Everseen Insights: The Future of AI in Retail—revealing retailers’ plans for rapid AI deployments alongside the critical need for transparency and consumer trust.

Everseen today introduced Everseen Vision Agents, an AI innovation to optimize and transform business processes, creating the potential for unprecedented value for global retailers and other industries. From warehouse receiving to back-of-store waste management and checkout shrink reduction, vision agents streamline workflows by learning, reasoning, and adapting in real time. These vision agents identify patterns, detect process breakdowns, and continuously optimize operations.

Everseen, a leader in vision AI, today announced key 2024 milestones, including new patents, a loss prevention solution for high-value aisles, and a new inventory management solution. These achievements, along with industry accolades and impressive ROI findings, underscore Everseen’s continued leadership in transforming retail operations.

Everseen, a leader in vision AI, is tackling theft with cutting-edge AI technology and marking Fight Retail Crime Day by sharing insights into the surprising techniques that shoplifters use. While some of the names behind these techniques may sound quirky, their impact on retailers is no joke, with retail crime costing businesses billions annually.

Everseen, the leader in vision AI for global retailers, announced findings that reveal significant return on investment (ROI) and efficiency gains from its Evercheck solution for retail loss prevention. These findings are drawn from the commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Everseen.

Everseen, the leader in vision AI for global retailers, today announced that it will moderate the panel, “The Art & Science of Shrink Displacement” at the Asset Protection Executive Xchange (APEX) conference next month. The panel, featuring executives from global retailers Kroger Co. and Wakefern Food Corp., will focus on how AI-powered computer vision enhances shrink detection, improves loss recovery, and deters theft at self-checkout and beyond.

Everseen, the world’s most advanced Edge Computer Vision AI deployed at scale, today released findings from its Retail Threat Curve report, showing that cart-based loss has doubled in the past year, reaching 30% of all incidents happening at self-checkout. The data for this report is based on a representative global sample, including more than 1 billion transactions across the calendar year ending on Dec. 31, 2023.

Everseen, a leading provider of AI-powered computer vision and hyper automation solutions, announced today that it has raised a €65 million Series A follow-on funding round led by Crosspoint Capital Partners (“Crosspoint”), a private equity firm focused on the cybersecurity, privacy and infrastructure software markets. The funding will be used to continue investment into Everseen’s computer vision AI technology and help the company scale.

Everseen and Walmart are pleased to have amicably resolved this lawsuit. The parties appreciate the working relationship they established around Everseen’s innovative and effective Visual AI™ technology. The terms of the settlement are confidential.

Everseen, the leader in Visual AI™, today announced it has opened a new development hub in Barcelona, Spain, and added an Invention Lab to its Miami office to give customers, prospects and partners an up-close look at Everseen’s latest innovations. The increased research and development (R&D) capacity space in Barcelona enables the company to develop more AI-powered computer vision applications for the retail industry to reduce shrink, optimize store operations, and deliver a better customer experience.

Everseen, the leader in Visual AI, announced today that Stephen “Steve” Luczo, Managing Partner of Crosspoint Capital Partners, will join the company’s Board of Directors. Everseen, backed by Crosspoint Capital Partners, is a visual artificial intelligence pioneer whose computer vision platform optimizes critical business processes in the retail sector by providing end-to-end visibility across all areas of a store.

Prosegur Security, a leader in security technology, and Everseen, the leader in visual AI, have partnered to reimagine physical security in retail and other industries using human-centric artificial intelligence solutions. The partnership will enhance security processes through a shared focus on innovation.