Platform Updates Include a Best-in-Class Optical System and Enhanced Data Processing Functions, Solidifying Simbe’s Industry Leadership

Simbe Robotics, Inc., the company leveraging robotics and AI to provide retailers with real-time insights into inventory and operations, today announced the launch of Tally 3.0 - the latest design iteration of its autonomous retail robot, Tally. Simbe's unique, human-centered approach to design has set Tally apart from competitors since its initial debut in 2015. With enhancements to the robot's optical system, greater durability and maneuverability to ensure cost-effective top performance, and the introduction of an embedded data processor, Tally 3.0 continues to lead the pack and remains the most innovative, efficient retail robot on the market.

"At Simbe, our ongoing commitment to best-in-class design and unparalleled data accuracy has empowered our partners with the real-time shelf insights they need to protect their bottom line and competitively serve customers in a rapidly evolving retail landscape," said Brad Bogolea, Simbe's co-founder and chief executive officer. "We're pleased to announce Tally 3.0 and unveil an even-better autonomous solution to the most common problem plaguing the retail industry - inventory management."

Best In-Class Optical System for Superior Sensing Capabilities

Simbe's multi-pronged approach to enhanced optics combines new autofocus capabilities with more cutting-edge sensors that improve depth perception, enabling Tally to efficiently analyze inventory in every aspect of the retail environment. Simbe strategically added height to Tally's slender base, making room for additional Intel™ RealSense® depth and RGB cameras to ‘see' more products on shelf - including top shelf overstock items. Tally's new, autofocus optical system accurately captures shelf tags and reads data from up to 30 inches away, enhancing the robot's recognition accuracy to nearly 99% and allowing it to do its job without slowing its traversal speed. These thoughtful additions to Tally's design enable the robot to precisely capture inventory data from any store fixture or variable shelving unit, from products on standard shelving to items stacked in coolers in the freezer aisles.

Optimal Engineering for Cost-Effectiveness and Long-Term Performance

Additionally, Simbe has leveraged the newest mobile technology to create a more cost-effective and resilient Tally robot with the same compact, slim form. Designed for long-term performance with minimal maintenance, Tally is now five times as resilient, increasing Tally's lifetime traversal capabilities to more than 5,000 miles per robot - and at an aggressively lower cost to scale.

Enhanced Computing Platform With Hybrid Data Processing

As Tally traverses store aisles and captures real-time shelf data, the inventory information is then sent to Simbe's proprietary, secure cloud platform that enables store teams to stitch together high-definition 3D images of the store shelves. Tally 3.0 features the NVIDIA Jetson GPU-accelerated embedded computing platform allowing the next iteration of Tally to be even more efficient by running its deep computer vision and AI algorithms on the edge. This additional processing capability and unique hybrid approach improves the efficiency of Tally's data capture, providing Simbe's customers with shelf information more quickly and seamlessly, as well as helps minimize the costs of capturing and uploading the robot's data to retailers' back-end systems.

Category Leadership, Proven Track Record

Simbe's team of retail experts, data scientists, world-class robotics engineers and industrial designers have propelled the company to the forefront of the robotics industry as the leading data-driven inventory solution for retailers. Using a unique combination of RFID scanning technology, computer vision, and AI-powered analysis, Tally provides actionable, e-commerce level insights to physical retailers, solving for the $1.75 trillion "ghost economy" defined by out-of-stock items, accurate price execution, and lack of product location optimization industry-wide.

"The amount of critical data and valuable insights that Tally continues to provide is immeasurable," said Dave Steck, Vice President of IT Infrastructure and Application Development at Schnuck Markets, Inc. "Our long-standing partnership with Simbe has enabled us to provide better decision making throughout our supply chain while offering store teams a powerful tool to ensure products are available for our customers."

Tally has been deployed in more than a dozen of the top 250 global retailers in the Americas, Europe, the Middle East, and Asia. Through work with retail partners including Carrefour, Decathlon Sporting Goods, Groupe Casino, Giant Eagle, and Schnuck Markets, Simbe is building one of the most valuable datasets in the retail ecosystem. A globally recognized top three consulting firm conducted an independent, extensive study within a leading regional grocery partner, which proved that Tally:

Detects up to 10x more out-of-stock items than manual audits conducted by store teams
Averages a 20% reduction in out-of-stock items at the store level
Pays for itself as quickly as the first month of deployment at a store
Yield more than 2% in annual sales lift due to better data and improved store execution
About Simbe Robotics

Simbe Robotics is the global leader in automation solutions that give retailers unprecedented visibility and insight into the state of their store environments, while improving inventory and operational challenges. Simbe is a privately held, venture-backed company headquartered in San Francisco, CA and works with major worldwide retailers and brands across the US, Europe and Asia. For more information, visit www.simberobotics.com or follow the company at @simberobotics.

About Tally™

Tally is the world's first fully autonomous in-store product auditing solution. Tally works in concert with retail store associates by empowering them with timely information to ensure products are always stocked, in the right place and correctly priced. Using a suite of sensors, the robot operates safely during normal store hours alongside shoppers and employees and doesn't require any infrastructure changes to the store. Tally's design is intuitive, friendly, and fits naturally into the retail environment. The robot scans entire stores up to three times per day and autonomously returns to its dock allowing for continuous operation. Combined with Simbe's cloud-powered software platform, powered by computer vision and machine learning, retailers have unprecedented information and insight into the state of their stores. This information can be used to streamline store performance, maximize customer satisfaction, increase sales, and optimize operational expenditures.