COVID-19 has completely altered our lives, forcing us all to stay locked indoors, forcing us to adopt healthier lifestyles. However, authorities have slowly tried to get things back to normal, with shops opening for longer durations, albeit while maintaining social distancing norms. Altogether, this is not conducive environment to deliver ease of shopping. Therefore, an aid of technology is the need of the hour. How to offer hassle-free contactless experience? This question is baffling every retailer.
Few days back, a video has been on Internet of a machine which looks very much alike to an ordinary ATM machine, except, this machine dispenses pani puri instead of cash. Isn’t this sound interesting?
Likewise, Tynimo a lifestyle retail brand has installed a first of its kind vending machine stocked with safety essentials at Kempegowda International Airport, Bengaluru. The machine has been installed at The Departure Hall, offering a contactless and convenient experience for travellers.
On same lines, India based BrahmaVeda, a Ayurvedic health drink company has introduced Vending machine which is empowered by Artificial Intelligence and enabled by an app, the vending machine is synced to an application that enables one to order a drink through the downloaded app on the mobile, making it extremely convenient for the interested people.
Few years back, soda maker Coca-Cola had introduced an app that consumers can use to order drinks, then have them available on the vending machine. The location of specific vending machine was controlled via app. So far, this technology is only available in the United States.
Let’s shed light more on this concept..
What is technology powered Vending Machines?
Though, the concept of vending machine (VM) is not new, only difference is, now these machines are available with new age technologies such as Artificial Intelligence. Traditionally, these connected machines automatically dispense items such as snacks, beverages, alcohol, cigarettes, lottery tickets to customers automatically. Now these machines are also used to dispense masks, gloves, sanitizers and other essential safety products. This machine can also be used for high impulse items like mobile accessories amongst others.
The Connected Vending Machine was valued at 66500 Billion US$ in 2019 and is projected to reach 75700 Billion US$ by 2025, at a CAGR of 3.0% during the forecast period. Locations such as airports, railway stations, schools and business centers are ideal for installing such machines
In a pursuit of becoming ‘Contactless’
In a post COVID-19 world, there is definitive behavioural change in the way people consume products. In an effort to promote safe and convenient experiences, retailers are figuring out different ways. Speaking on same, Chiranjeev Shrivastava, Founder, Brahmaveda said,” Covid-19 has brought a new revolution in consumer behaviour. The bar of safety standards is higher than ever. We are confident to achieve contactless experience with mix of high digital / online compatibilities. AI powered vending machine could be answer to same.”
BrahmaVeda’s AI powered vending machine dispenses more than 100 herbs in the form of decoctions and juices. This wide variety of pure Ayurvedic juices like Ashwagandha, Ashwamedha, Giloy ,Triphala, Amla, Gokshur, Neem , Turmeric, Ginger, Cumin etc.
Brabo Robotics and Automation Limited (100 percent subsidiary of the TATA Motors Ltd) is Brahmaveda's manufacturing partner, and will play a key role in terms of further development and the manufacturing of the product.