| Best
Business (Start-up Company) Certificate of Merit |
|
Retail intelligence． innovative Technology (RiiT)
A new retail management system utilizes RFID technology to capture real-time information on all stock movements, while giving
customers a new shopping experience. Data are captured in RiiT system through six innovative applications: Mobile Magic
Mirror, Intelligent Fitting Room, VIP Kiosk, Smart Shelves, Stock-take and Security. RiiT provides real time data analysis for
business performance and customer buying behavior.
|
| Comments from Panel
of Judges |
"A pioneering and visionary business model … among the new shopping experiences offered, we particularly liked the
Mobile Magic Mirror … but found the software application built around the Mirror still quite elementary. Whether the mode
of operation of the other modules is practical and commercially viable remains to be proved … an early prototype needing
more and stronger functions." |
Megasoft Limited