Thomas Odenwald, Head of Sales & Business Development, AI/ML Solutions, HPE
Susan Sly, Co-CEO and Co-Founder, RadiusAI
Food waste is a costly and growing issue in the United States. According to the USDA, food waste is estimated at 30–40% of the food supply. Food loss occurs for many reasons, such as transportation delays, over-ordering, equipment malfunction, and the discarding of blemished or unwanted products. Restaurants lose $162 billion annually in food waste (which includes the cost of food itself as well as the resources required to produce it). Restaurants may incur additional costs associated with food disposal and risk reputational damage as today’s socially conscious customers choose to dine at restaurants that prioritize sustainability.
A report by Champions 12.3 found that reducing food waste in hospitality and food service sectors by just 20% could save up to $7 billion each year. To make this a reality, businesses are using artificial intelligence (AI) to prevent loss at every stage of the supply chain.
AI solutions can provide the essential tools to convert data into efficiencies to reduce food waste by:
- Matching supply with customer demand
- Optimizing stocking practices to avoid overstocking or running out
- Identifying products to sell before they expire
- Proactively adjusting production quantities and improving product management
- Offering incentive programs to reduce potential waste and increase sales
AI brings intelligence right to the edge, where restaurants work to combat food waste. The technology uses cameras and sensors to gain insights into food usage, stock, and customer behaviors and delivers real-time notifications when problems are detected.
Hewlett Packard Enterprise and NVIDIA are collaborating with RadiusAI (RAI) to tackle the issue of food waste. RAI’s comprehensive AI platform was designed specifically to prepare food retailers for a more sustainable future, empowering them to adopt sustainable food practices and boost profits.
RAI offers purpose-built software that delivers insights when and where they are needed most. Patented Viztel AI technology captures real-time information from existing video footage and presents it to key staff members to make swift, data-driven decisions.
RAI computer vision is powered by the exceptional performance and acceleration of HPE and NVIDIA technologies. As an industry leader, HPE delivers innovative AI hardware, software, and services to help retailers evolve. World-class HPE Gen11 systems featuring NVIDIA L40 GPUs are a robust foundation for computer analytics and virtual machines. These technologies allow businesses to quickly build and scale AI from edge to cloud to support a broad range of retail applications. With decades of experience launching successful AI deployments, HPE is a partner to streamline AI innovation and achieve faster time to value.
HPE, powered by NVIDIA technologies, is empowering retailers to gain deep insights faster and boost profits with optimized AI solutions built specifically for them. AI is the key to unlocking new insights and opportunities, which is why we offer a comprehensive platform that accelerates insight, action, and impact.
The AI Platform for Retail from HPE is powered by NVIDIA AI and combines proven and emerging AI solutions, including all the tools and capabilities to leverage AI’s potential. Our goal is to make innovation faster and simpler, and we believe all retailers can use deep insights to gain a competitive edge. NVIDIA AI Enterprise is the software layer of the NVIDIA AI platform. It offers 100+ frameworks, pretrained models, development tools, and the security and stability to accelerate end-to-end, production-grade AI and data science workloads for multiple industry use cases, including generative AI, computer vision, recommendation systems, speech AI, and digital twin simulation. NVIDIA AI Enterprise is certified to run on HPE AI platforms, enabling rapid model training and inference in edge and near-edge environments, and includes an extensive catalog of cloud-native software. This enables enterprises to accelerate the development and deployment of AI models, empowering retailers to innovate quickly and focus on gaining insights faster to drive action and return on investment.
HPE, in collaboration with NVIDIA and RAI, is transforming the food retail industry, delivering a new breed of technology to help massively reduce food waste and gain a competitive edge. Our game-changing solutions include all the tools, capabilities, and expertise to unlock the full potential of AI.
Today, we are working with major convenience stores worldwide. One brand with nearly 900 locations reported that reducing food waste from just their roller grills created savings which more than pays for the RAI software.
Help your business overcome the challenges of food waste. Read the solution overview to learn more. Learn more about the HPE solutions for retail, powered by NVIDIA, by visiting the HPE ProLiant Gen11 for AI product page.
Contact HPE to get started.
Thomas Odenwald leads the HPE AI Solutions team, a team with focus on delivering end-to-end AI solutions for operationalizing AI for business outcomes. His responsibilities cover all artificial intelligence domains and their applications across industries - including financial, retail, manufacturing, healthcare, life sciences, telco, and public sector.
Thomas served in various Executive roles (incl. co-founder) in AI-based companies like Intwixt, Orbit Fab, and Pix4D. He was Senior Vice President at SAP, where he spent over 20 years of his career. Thomas brings a unique blend of deep technical and sales expertise, with a strong track record leading sales and product teams. Besides holding many patents and being an advisor for non-profits and various committees, he has a long list of public speaking engagements, book chapters and publications.
Susan Sly is a tech Co-Founder, Co-CEO, host of the popular podcast Raw and Real Entrepreneurship, and investor. As a female co-founder, Susan is in the 2% of U.S.-based companies which have at least one female founder. Susan is passionate about helping women launch and grow successful startups. She has built sales teams that have generated close to $2 billion USD. She is a mother of four, resides in Scottsdale, Arizona, with her husband, Chris, and is an alumnus of the MIT Sloan School of Management.
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