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Shelf.ai - Holding back Amazon and Google from the global grocery retail market

Objective

Enabled by Xarevision, a company with over 10 years 'experience working on retail-oriented solutions for large players, Shelf.ai is a cutting-edge technology that brings artificial intelligence and conversational commerce capabilities to brick & mortar food retailers, allowing them to foster omni-channel strategies, rapidly increase online sales and pioneering next wave of customer e-shopping experience.

With Shelf.ai customers can build their shopping carts just by saying the products and quantities they wish to their smartphones, and select the ones they prefer, proceeding immediately to check-out. Through direct integration with the retailers’ back-end systems (including product ranges, customer purchase information and payment platforms), Shelf.ai allows customers to see full details of each product, while employs AI algorithms in order to continuously improve the system by learning about customers’ preferences.

Shelf.ai’s technology allows an overall reduction up to 90% of the time required from login to filling up the online shopping cart, providing the easiest, coolest and fastest online grocery shopping experience ever seen.

Moreover, Shelf.ai positions itself as a hardware-agnostic platform (working through Smartphones, Amazon Alexa, Google Home, Facebook Messenger and others) that allows brick & mortar retailers to fight back the fast and disruptive penetration of giant online platforms (Amazon and Google) in the global grocery retail market. Shelf.ai will focus primarily on world-class food retailers, expecting to reach in these segment alone an annual turnover of Euro 45 Million.

Shelf.ai has been already tested and demonstrated in a relevant environment (namely in Euroshop 2017) delivering highly effective results that have been gathering the attention of some key players. Notwithstanding, there are still works to be done in the short-term, in order to assure a pathway to a successful market uptake, namely the set-up of a detailed Business Plan.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

XAREVISION, SA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
RUA OLIVEIRA MONTEIRO 80
4050 438 PORTO
Portugal

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Continente Norte Área Metropolitana do Porto
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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