Recognized for AI Self-Checkout Potential in Japan
Finder's AI Selected for Hokkaido F Village X Amid Severe Labor Shortages
Finder's AI, a company specializing in artificial intelligence (AI) store automation, announced on September 4 that it has been selected for the global acceleration program 'Hokkaido F Village X (HFX)', held in Hokkaido, Japan.
Finder's AI, which began its full-scale entry into the Japanese market this year, was recognized for the potential and capabilities of its AI self-checkout system 'Vision Check-Out' (VCO). Out of 310 companies from 29 countries that applied for the program, Finder's AI was chosen as one of the 11 selected companies, overcoming a competition rate of approximately 28 to 1.
HFX is a global program aimed at solving local issues in the Hokkaido region. It is organized by Scrum Ventures and Scrum Studio, with its base at Hokkaido Ballpark F Village, located in Kitahiroshima, Hokkaido.
Hokkaido, Japan, is known as a region facing severe labor shortages due to an aging population and population decline. To address these community challenges, Finder's AI developed the image recognition-based VCO. VCO streamlines the checkout process and enhances operational efficiency, providing a solution that reduces the burden on human resources. With its selection for HFX, Finder's AI plans to pioneer new shopping experiences and accelerate efforts to solve local social issues.
Ham Myungwon, CEO of Finder's AI, stated, "We are confident that VCO can help address the labor shortage in local communities," adding, "Building on this selection, we will accelerate our business expansion in Japan and create greater value for local communities."
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