JD.com, also known as Jingdong continues to be one of the most sought-after companies to be partners with this year, In fact, JD.com has announced that they have finalized a deal to work with computer giant Intel of China to introduce to the public next-Gen vending machines, store technology for brick and motor shops and a various amount of improvement on digital billboard advertising.
Recently, scientists have been able to intertwine Intel’s RRI edge computing and its OpenVINO computer vision which with Jingdong’s elaborate algorithms of customer traffic that will surely benefit both companies.
V.P of JD.com Zhi Weng stated that these joint efforts along with the sharing of technologies will bring cutting-edge technology and service to their customers, an improvement the company will no doubt be enjoyed by the public. VP of Intel & General Manager Wei Chen also commented on the partnership by saying that Intel is excited to work with China’s largest retailer and leader in data-driven technologies. The partnership with JD.com will allow Intel to take advantages of the many innovations that have occurred. There is no doubt that Intel and Jingdong will be one of the best things to happen to China. Read This Article for additional information.
The question begs, why would Jingdong simply lend their incredible algorithms to other companies when they could just invest in it themselves? The answer lies in JD.com’s vision of “Retail as a Service” strategy The sharing of data and some of the most cutting-edge discoveries in technology should not be kept to ourselves, in fact, Jingdong continuously offers small store owners the ability to utilize their technology in their stores.
By doing this Jingdong assures that the public will receive the best quality products and food. With this new partnership with Intel, Jingdong will be able to build on these systems along with creating an overall all better retail ecosystem that will benefit the country for years to come.