Amazon Envisions To Bring Walmart And Target Into An Open Source Technology Faction
- Amazon is attempting to interest the nation’s largest retailers in collaborating in the open-source arena
- Amazon plans to introduce its cashier-less technology to its rivals.
Last year Amazon had created Dent, an open-source organization. Dent has the tools and technologies that facilitate Amazon in operating its Go stores. The Go technology, in addition to cashier-less purchasing, also provides automated inventory management. It also works with Marvell Technology Group, an organization dealing in technology solutions and Cumulus Networks, a networking software company.
As per a report in The Wall Street Journal, Amazon is now eyeing to take along Target and Walmart. However, apparently, neither company plans to play a part right now. Amazon may have some inspirations to work together with its retail rivals on in-store technology:
- Working with retailers through Dent could allow Amazon to make its technology solutions more affordable. As per a source who talked to the Journal, using Amazon’s technology to run a 1,000-square-foot Go store can be as expensive as $11 million before industry-standard discounts, but it could cost a retailer less than $100,000 if it chooses to use Dent’s open-source software in a comparable sized store. Costs hitting $11 million would render the technology unreachable to a large number of retailers. While it’s uncertain if retailers would be required to spend more on technology, in addition to the open-source software.
- Working in partnership with merchants can aid Amazon to expand its brick-and-mortar retailers. Amazon has already begun licensing its Just Walk Out technology to third-party merchants, and working with retailers through Dent could create bring about collaborations.
- Introducing its solutions to more stores could help Amazon in scaling its technology more quickly and efficiently in the future.
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