Home Industry Retail Expand North Star 2023: Dtek unveils SWIFT for retail industry The checkout system has been designed based on feedback from retailers, and addresses common pain points such as crowded checkouts and stock mismanagement by Gulf Business October 19, 2023 Image credit: Supplied Dtek.ai, a provider of innovative retail technology solutions, announced the launch of SWIFT at Expand North Star. The technology leverages artificial intelligence (AI) and computer vision to transform the retail checkout process. The technology platform said its new release – SWIFT represents a significant change in the world of retail technology. “The innovative automated checkout system reimagines the shopping experience by allowing customers to effortlessly scan and purchase products without the need for traditional checkout lanes”, added DTEK in its release. How does SWIFT work? The automated-checkout system provides shopper-focused innovation, streamlining the retail experience to ensure customer satisfaction every step of the way. SWIFT can identify any grocery item in less than 200 mili- seconds, giving shoppers a more convenient and contactless shopping experience. SWIFT harnesses the latest in AI, digital transformation, and data analytics, and is set to redefine the modern checkout and retail experience while also offering key insights and analytics to retail operators. It offers several benefits to retailers globally, said Dtek.ai. The checkout system has been carefully designed with feedback from retailers, addressing common pain points such as crowded checkouts and stock mismanagement. It ensures a streamlined in-store environment and allows plug-and-play integration and intuitive onboarding, minimising disruption and enabling retailers to elevate their daily operations seamlessly. Sanad Yaghi, the co-Founder and CEO of Dtek.ai, comments on the launch, “We are incredibly excited to introduce SWIFT to the retail industry. This cutting-edge automated-checkout system represents a significant leap forward in enhancing the shopping experience for consumers and improving efficiency for retailers. 100s of potential customers have expressed interest in SWIFT, a testament to its potential to transform the retail landscape.” Dtek.ai’s ongoing commitment to driving innovation in the retail sector is exemplified by SWIFT, which represents a significant leap forward in enhancing operational efficiency for retailers and improving the overall shopping experience for consumers. Dtek.ai, formally known as Dukkantek, was born completely bootstrapped by three co-founders in January 2021. Dtek.ai embarked on a mission to revolutionise the customer journey in the retail industry by embracing digital transformations. Within their first seven months of operation, Dukkantek raised a significant seed round from global and regional investors. To date, the leading provider generated $20m in funding, which was used to develop and scale up operations and launch its products across seven markets worldwide. Also read: Expand North Star 2023: A global stage for startups at Dubai Harbour Tags Artificial Intelligence Dtek Dukkantek Expand North Star GITEX GLOBAL Retail shopping You might also like Apple announces major retail expansion in Saudi Arabia 50 years and counting: What Jumbo’s next chapter entails Dubai shopping Festival: 30th edition returns on Dec 6; DSF nights to debut Renuka Jagtiani on Landmark’s billion-dollar bet on the future