Artificial intelligence can help convenience retailers increase profits by identifying and optimizing fuel pricing. Fuel sales make up 69.9 percent of c-store revenue, making these sales incredibly important to operators. AI and automation are the future of convenience retailing. How will AI help convenience stores? Here are some examples. This article focuses on Hypersonix and Casey’s. Also, learn how Shell is using the Automated Insights Platform to improve fuel pricing.
Casey’s
Gravitate, a leading AI and supply optimization solution provider, announced today that it has deployed its AI-powered Best Buy and Dispatch solution to Casey’s General Stores. Using this AI and supply optimization technology, the company aims to improve supply management across its vast network of convenience stores. In addition, Casey’s will be able to improve the efficiency of its dispatchers.
The technology was developed in collaboration with the company’s internal fuel and logistics teams, which gave extensive feedback on the features and user experience of the application. It is available in nine languages and has expanded rapidly in dozens of cities. Casey’s’ AI and fuel-convenience team also collaborated with Casey’s competitors and the AI for Fuel-Convenience Site Selection project. While the startup faces stiff competition from Amazon, its CEO is confident that it will be able to reach more customers and stay ahead of the competition.
The AI-powered solution will also help the retailer understand their customers and build their customer base. With this solution, Casey’s will be able to measure employee satisfaction, customer satisfaction, and the effectiveness of advertising campaigns. With this, they can better understand their customers’ preferences and increase the number of store trips they make. The AI-powered solution will also help Casey’s reach out to the market and boost the company’s visibility in the industry.
As a leading pizza chain, Casey’s has more than 2,300 convenience stores across the United States. The company is the fifth-largest pizza chain in the country, operating more than 2,300 convenience stores. With this AI-powered solution, the company aims to achieve full visibility and control of its procurement spend. Additionally, it will save Casey’s employees time by eliminating manual processes and ensuring they can purchase goods easily.
Hypersonix
A company that uses artificial intelligence in retail applications, Hypersonix provides an AI solution that combines machine learning, natural language processing, and artificial intelligence to provide customers with a Google-like experience and a virtual assistant. Its solutions are designed specifically for retail operations, and help retailers drive profitable growth and save money. The company is headquartered in San Jose, California, and also has offices in Sacramento and Bangalore.
Developed specifically for the consumer commerce industry, Hypersonix is an enterprise AI platform that has been partnered with leading regional convenience and fuel retailers to find profitable growth across retail, fuel, and food service. Already adopted by companies like H&S Energy LLC and E.J. Pope & Son, Inc., in North Carolina, Welcome Break is also a client. The company’s solution provides real-time AI-powered analytics to non-technical business stakeholders.
Shell
The new AI platform from C3 AI will be used to develop and deploy applications for the oil and gas industry. The AI platform is powered by Microsoft Azure and the BHC3(tm) AI Suite. In addition to its application for the oil and gas industry, the new platform will help Shell predict the maintenance needs of its equipment and parts. The company has been working with companies like OpenAI to develop these new applications.
While the oil and gas industry is a relatively young industry, the benefits of artificial intelligence (AI) are already visible. One example is Shell, the largest oil and gas company in the world. With oil and gas prices nearing half their 2014 levels, the company has seen significant cost efficiencies and improved customer service through deploying AI. For example, Shell is collaborating with Microsoft engineers to improve horizontal drilling. With a new AI system, the oil and gas industry can offer more personalized products and services to customers.
The AI solution offers customers a loyalty program called Shell Go+. By gathering data about customers, AI can tailor its rewards programs to better meet customer needs. Currently, not all Shell sites offer this program. Eventually, the AI solution will be used at all Shell sites. If you are in the market for new technology, you should look into it. It will improve your shopping experience and help you save money. There are other ways to use AI to make your experience with Shell more convenient.
The AI-powered service uses an online platform to provide real-time information to customers. It links to Shell LubeMatch, a web-based service which offers more than two million product recommendations every year to Shell customers. The software is capable of analysing oil samples and is available in more than 130 countries and 21 languages. It is an excellent tool for boosting customer service and convenience at the pump. If you’re looking for the best oil for your vehicle, consider using Shell’s new virtual assistant service.
Hypersonix’s Automated Insights Platform
With its Artificial Intelligence (AI) driven insights, natural language processing and a low-code environment, Hypersonix provides decision makers with the real-time data and recommendations they need to make smart business decisions. This enables users to analyze specific changes in business performance and make real-time business decisions that drive significant revenue growth. Here are some of the benefits of Hypersonix’s AI-driven insights platform for fuel-convenience businesses.
The company’s automation capabilities allow it to make a wide range of recommendations based on its own proprietary algorithms. For example, it can optimize prices on specific items based on past performance and inventory, analyze consumer behavior and make recommendations based on its analysis. Pricing studies traditionally require six to 12 months of specialized consulting and multiple point solutions. The Hypersonix AI-driven platform makes it possible to save time and money while optimizing prices.
In addition to its automated data analytics capabilities, Hypersonix’s Insights Cloud also provides valuable real-time data for convenience retailers, CPG brands and independent operators. Insights Cloud’s unique technology allows retailers to understand how their consumers interact with their products and services, enabling them to develop more targeted offers that boost revenue. It is especially useful for companies with multiple locations, spanning multiple brands and geographies.
Shell’s AI platform
AI can help oil and gas companies predict equipment maintenance needs, and even flag employees when necessary parts are running low. Shell, which has stakes in both industries, is using AI to increase efficiency in drilling. The AI platform has already saved the company $1 billion in 2019. Oil and gas operations often require large infrastructure, and driving to those remote sites is inefficient and wasteful. Instead, drivers can use the fuel to visit nearby facilities instead.
As a global company with operations in 50 states and nearly 85,000 employees worldwide, Shell is an important part of the world’s energy infrastructure. In addition to its retail gas stations, Shell employs thousands of experts in a wide range of fields. With this much data, it’s no wonder that Shell is looking for a powerful AI platform that will help improve customer convenience. Microsoft’s Azure Data platform is a great choice for the company.
This technology works by connecting your smartphone to a gas station’s AI platform, which will allow it to automatically apply fuel rewards to your account and store your payment information. Once you’ve selected your payment method, the AI platform will send a three-digit code to your phone and store it in your wallet. You’ll then simply enter the code at the pump’s keypad to pay. Then, Shell will apply the rewards to your account.
Using artificial intelligence, Shell is bringing AI to fuel convenience. The company recently implemented two robots at its Wrzesnia service station in Poland. BellaBot helps with convenience services, while KettyBot gives customers an experience of shopping. Those two robots are the first of their kind to be deployed in a forecourt in Europe. The company plans to use the technology in other areas of the world.
