Photo
Source: Innovative Technology Ltd
Company News • 02.04.2024

Intertraffic Amsterdam exhibits ITL innovations ideal for the transport sector

Innovative Technology Ltd (ITL) are set to demo their cash handling and AI-powered biometric products to the parking and transport sector at Intertraffic on booth 12.726. The exhibition is the world’s leading trade event for mobility professionals which will take place on 16th - 19th April at RAI Amsterdam. 

Commenting on their presence at the show, Stephan Rosseneu, ITL Business Development Manager for the region said, “We look forward to showing delegates how they can benefit from implementing our cash validation equipment to improve cash efficiency, and AI-powered biometric solutions to perform various facial analysis functions.”

For over 30 years Innovative Technology have been at the forefront of transaction automation, manufacturing a suite of cash hoppers, validators and recyclers for many industries worldwide. An innovative approach to product development led to the formation of their AI-powered biometric solutions division.

Stephan continued, “On the cash side, we will have our latest solutions on display including our flagship product, the NV4000. This advanced, high volume mixed denomination note recycler, provides faster note processing and optimised transaction times. With the capacity to dispense up to 420 notes of 5 different denominations, operational efficiency is optimised and the need for frequent refills is dramatically reduced. In addition, combining the NV4000 with the SMART Coin System, or Twin SMART Coin System for double the capacity coin recycling, we can successfully increase cash efficiency, for both notes and coins, in high-volume applications like parking and transport.”

ITL will also demo their latest AI-powered suite of biometric solutions which uses facial analysis for access control, age estimation, digital advertising and consumer analytics. 

Stephan added, “We look forward to introducing the idea of using biometric technology to this industry to demonstrate how they could benefit by improving the customer journey and enhancing consumer loyalty. Our solutions use face matching to control access for registered customers, produce anonymous demographical data for effective consumer segmentation and display targeted advertising based on gender and age. Unlike other solutions on the market, our range boasts a one off cost with no subscriptions, local processing with no internet required, and no biometric personal data is stored; making our technology affordable, easily available and trusted.”

Concluding Stephan said, “We look forward to showing how our solutions can help business in the smart mobility, infrastructure, traffic management and parking sectors improve efficiency and save costs. Come and see us on booth12.726 to find out more!”

Supplier
Logo: Innovative Technology Ltd.

Innovative Technology Ltd.

Innovative Business Park
OL1 4EQ Oldham
UK

related articles:

popular articles:

Thumbnail-Photo: Trigo and Netto Announce Autonomous Supermarket with Real-Time Receipt...
24.01.2024   #Tech in Retail #artificial intelligence

Trigo and Netto Announce Autonomous Supermarket with Real-Time Receipt Capability.

‘Final step’ in frictionless shopping drives trust by enabling consumers to view their receipts BEFORE leaving the store
Full size 800m2 grocery supermarket powered by computer vision AI is Europe’s largest retrofitted frictionless store

Trigo, a leading provider of AI computer vision technology that transforms traditional brick-and-mortar retail outlets into digital smart stores, and discount supermarket chain Netto Marken-Discount (also known as Netto), have partnered to launch ...

Thumbnail-Photo: ‘Problem-solving mission’ with updated Modern Store Framework...
16.02.2024   #Tech in Retail #personnel management

‘Problem-solving mission’ with updated Modern Store Framework

Zebra Technologies will be looking to address challenges with expertise and new solutions at EuroCIS

Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced it’s taking the newly enhanced Modern Store framework on a ‘problem ...

Thumbnail-Photo: Payment as a success factor: more than just paying...
15.01.2024   #Tech in Retail #payment systems

Payment as a success factor: more than just paying

Flashback to 1994: databases and ERP systems, first commercial websites, mobile phones with colour displays, CD-ROMs, Java as a programming language ...

Thumbnail-Photo: MPREIS Transforms Operations with Zebra Workcloud Task Management™...
06.11.2023   #customer experience #software developement

MPREIS Transforms Operations with Zebra Workcloud Task Management™ Software Solution

Austrian food retailer to streamline communication in around 300 stores to improve staff engagement, inventory optimisation, and customer satisfaction

MPREIS has around 300 Austrian stores in regions across Tyrol...

Thumbnail-Photo: Unified Commerce Platform in focus
24.10.2023   #omnichannel #software developement

Unified Commerce Platform in focus

Handover at REMIRA: Dirk Bingler supersedes Stephan Unser as CEO

REMIRA is setting the course for future development of the company: On November 1, Dirk Bingler (48) will become the new CEO of the supply chain and omnichannel software expert headquartered in Dortmund. The previous CEO Stephan Unser (62) moves to ...

Thumbnail-Photo: Wayfair Announces Decorify App for Apple Vision Pro...
15.02.2024   #Tech in Retail #virtual reality

Wayfair Announces Decorify App for Apple Vision Pro

Wayfair's virtual room styler and 3D imaging tools enable Apple Vision Pro users to reimagine their living spaces and experience the future of shopping in their home

With the Wayfair Decorify app on Apple Vision Pro, users have a variety of options to see their spaces redesigned. They can upload a photo of their space ...

Thumbnail-Photo: Out of Stock in Retail and innovative solutions to avoid them...
07.11.2023   #brick and mortar retail #customer satisfaction

Out of Stock in Retail and innovative solutions to avoid them

Due to various events, the availability of goods in retail will be increasingly restricted from 2022, with the result that customers cannot find in food retail the products they wish to buy, because those products are sold out, are temporarily ...

Thumbnail-Photo: First of its kind accessible checkout unveild by Woolworths, creating...
03.01.2024   #Tech in Retail #cashpoints

First of its kind accessible checkout unveild by Woolworths, creating new employment opportunities

Breaking Barriers in Retail: Woolworths' New Checkout Design for Wheelchair Users

In what is believed to be a world first, Woolworths has unveiled an accessible checkout, designed specifically for team members living with a physical disability, including people who use wheelchairs and other mobility aids such as walkers.The first ...

Thumbnail-Photo: Tesco to introduce new scan-free technology on self-service tills at...
03.01.2024   #brick and mortar retail #Tech in Retail

Tesco to introduce new scan-free technology on self-service tills at GetGo store

Seamless Shopping Revolution: Tesco Tests Scan-Free Technology in London

Tesco is trialling an exciting new technology innovation that means customers don’t need to scan their items ...

Thumbnail-Photo: Ask the Bot: generative AI in retail
02.01.2024   #Tech in Retail #food retail

Ask the Bot: generative AI in retail

Revolution in retail: the era of generative AI and AI bots

They are able to analyse data, write product descriptions, answer shoppers’ questions or write codes...

Supplier

Captana GmbH
Captana GmbH
Bundesstraße 16
77955 Ettenheim
VusionGroup SA
VusionGroup SA
55 place Nelson Mandela
90000 Nanterre
Innovative Technology Ltd.
Innovative Technology Ltd.
Innovative Business Park
OL1 4EQ Oldham
Zebra Technologies Germany GmbH
Zebra Technologies Germany GmbH
Ernst-Dietrich-Platz 2
40882 Ratingen
SALTO Systems GmbH
SALTO Systems GmbH
Schwelmer Str. 245
42389 Wuppertal
REMIRA Group GmbH
REMIRA Group GmbH
Phoenixplatz 2
44263 Dortmund