Lumeo partners with Grip Places to offer turnkey analytics for retail, restaurants

Lumeo, a designer of computer vision solutions, has partnered Grip Places, which provides access to data analysis software and tools through the cloud for the retail and restaurant industries.

The Lumeo video analytics platform brings the latest artificial intelligence (AI) models and techniques to technology providers who want to bring intelligence and automation tools to market through vision AI.

Grip Places’ flagship Video Analytics as a Service (VaaaS) employs AI-driven cameras and advanced AI analytics to transform video data into actionable insights, all while maintaining customer privacy. VaaaS captures valuable customer demographic data such as age, gender, new vs repeat customers, and mood analysis. This allows retail operators to make informed decisions about their product offerings, ultimately enhancing services, attracting new customers, and increasing sales. 

One of Grip Places’ analytics tools is the New vs. Repeat algorithm, which distinguishes between a repeat visitor and a unique or new visitor. This data, combined with demographic analysis and age & gender analysis, enables retail operators to determine the effectiveness of a promotion or marketing change in attracting new customers. For example, the retailer can determine the number of new visitors, their visit times, and related insights.

Grip Places recognised the potential of the Lumeo platform and leveraged Lumeo’s library of ready-to-use AI models to make data analytics - typically limited to large corporations - accessible to retail stores and restaurants.

Lumeo’s ability to deliver advanced AI analytics with low-code, no-code building blocks sets it apart from other cloud-based analytic vendors that Grip has used, said Jon Fairband, Founder and CEO of Grip Places. “(We) were able to quickly leverage Lumeo’s platform as one of our preferred tech stacks to build from in order to launch our first custom solution,” he said.

Beyond offering a turnkey solution built on Lumeo, Grip Places is also joining the Lumeo marketplace by offering their Analytics Dashboard as a Service. This new Grip product suite enables any Lumeo customer to view data in real-time, and summarise it in charts and graphs. Grip will also be releasing additional features which it calls nodes, such as Demographics, New vs Repeat and more in the coming weeks. Grip’s Demographics nodes can add advanced demographic information to an analytics platform while safeguarding privacy.

Said Devarshi Shah, CEO and Co-Founder of Lumeo: “Lumeo is not just a ‘security’ analytic platform, our building-blocks go beyond intrusion detection or license plate detection. Lumeo’s Marketplace of AI models allowed Grip Places to produce an intuitive marketing dashboard that offers actionable insights that small to mid-size businesses were usually shut out from, and bring big data analytics to locally-owned businesses.”

Comments

Post a Comment

Popular posts from this blog

Fortinet enhances FortiRecon to align with CTEM framework

Fortinet, the global cybersecurity provider driving the convergence of networking and security, has turned the FortiRecon platform into a comprehensive solution aligned with the continuous threat exposure management (CTEM) framework. The latest release introduces expanded internal attack surface monitoring, adversary-centric dark web intelligence, and security orchestration, all in a unified platform. These enhancements help organisations proactively identify and prioritise real-world exposures, validate risks like an attacker would, and accelerate response. “CISOs and security teams are overwhelmed by growing attack surfaces and an endless stream of unprioritised alerts,” said Nirav Shah, Senior VP of Products and Solutions at Fortinet. “With the latest enhancements to FortiRecon , we’re giving organisations an attacker’s eye view of their internal and external exposures, backed by AI-powered threat intelligence from FortiGuard Labs, real-world validation, and automated response...
Read more

SentinelOne recognised as a 2025 Gartner Peer Insights Customers’ Choice for XDR

SentinelOne, a global provider of AI-powered security, has been named a Customers’ Choice in the 2025 Gartner Peer Insights ‘Voice of the Customer’ for Extended Detection and Response (XDR) report* – one of only two companies with this distinction. A hundred and forty-four users reviewed SentinelOne's Singularity Platform, and 97% said they would recommend the solution to respond to threats across endpoints with AI-powered security, while 97% rated the solution four stars or better.** “With the growing complexity of cyberthreats, organisations need more than siloed security—they need AI-powered, autonomous protection that delivers real-time detection and response across their entire attack surface. Customers have made it clear that SentinelOne’s XDR provides the intelligence, automation, and efficiency they need to stay ahead of threats and secure their environments with confidence,” said Ely Kahn, VP, Product Management, SentinelOne. Gartner defines extended detection and ...
Read more

AWS: AI adoption grows 20% in Singapore

Image
Amazon Web Services (AWS), an Amazon.com company, has found* that AI adoption continues to accelerate in Singapore. In the past year alone, 27,000 1 Singapore businesses adopted AI for the first time—equivalent to over three new adopters every hour. In sum, nearly 170,000 (48%) of businesses in Singapore have adopted AI 2 , up from approximately 143,000 (40%) a year ago. This represents a 20% year-over-year growth rate, AWS said. AI adoption is the strongest in the financial services industry (71%), followed by the technology sector ( software developers, data analytics firms, cloud service providers, and digital startups) at 70%, and healthcare at 63%. Among Singapore’s businesses that have adopted AI, 82% reported an increase in revenue, at an average increase of 19%, while 90% report significant productivity improvements. A large majority (85%) of those who have adopted AI say the technology is likely to increase their growth in the next year, and 89% expect an average of 17%...
Read more