Intelligent vending machines promote innovation and upgrade of the Internet of Things

In today's world, the vending industry is undergoing a revolution, and access to data generated by connected devices has changed the way companies operate and how they generate revenue. Continuous connection allows companies to provide customers with product utility as a service, as seen in vending machines. Through user customization, improved security, smart payments, and continuous monitoring of inventory and consumption patterns, vending machines have the opportunity to distribute new products in a more profitable way, and the use of connected device networks is unlimited. Traditional vending machines have evolved because they were first introduced nearly a century ago, and technologies that include more digital functions have transformed them into smart, connected machines. Smart vending machines are an excellent example of how the Internet of Things affects business models and revenue streams. For example, Coca-Cola has 16 million IP addresses, which are used for the installation of a new generation of smart vending machines such as DIY. Powering the machine through a network connection can identify each machine, track inventory, conduct real-time test marketing, monitor trends and drinking preferences, and adjust choices accordingly. Freestyle machines can be found in fast food restaurants in the United States and the United Kingdom. Another major player in the SAP technology industry has been developing various platforms and solutions for wireless and wired machines. SAP's smart vending solution enables brands to interact with customers by accessing real-time management dashboards and visualization tools, displaying timely sales and maintenance information across the entire network and at each point of sale. With this new change in vending machines, companies can use new technology to build a brand new retail center beyond just providing snacks. Smart vending machines can now be located in many public areas and company facilities, providing a large number of goods and services, including computer accessories, tickets, catering and office supplies. If you don't take advantage of the growing IoT market, traditional vending machine owners will quickly get into trouble. Traditional vending machine owners face several problems. For example, in the absence of a central management system to perform these functions, they suffer considerable expense and inconvenience when trying to maintain, repair, and upgrade vending machines. Maintenance and support costs increase, because on-site visits are often required to perform software upgrades, troubleshoot and complete repairs. In addition, the loss of revenue when the vending machine is not working makes the situation worse because it takes several days to implement and solve the problem. Another problem is the ability to attract the attention of young customers, who often focus on smartphones and rely on an always-connected environment. To attract this group, leading manufacturers like Pepsi-Cola are developing their own highly intelligent vending machines, and other industry leaders have followed suit. However, integrating new technologies such as cloud, gamification, and geofencing is not simple, leading most vending machine manufacturers and operators to seek help. For example, embedded computer solutions company ADLINK and chip manufacturer Intel have stepped in smart solutions to support new connected smart vending machines, reducing operating costs and cloud connectivity. With these solutions, machine operators can remotely diagnose and repair systems and receive real-time updates, such as supply and operating status, which can be used to optimize delivery schedules and improve inventory tracking and control. Using the cloud also makes it easier to use promotional strategies to increase transaction size and sales, such as vouchers, coupons, gifts, dynamic pricing and loyalty programs. IoT solutions are emerging in endlessly, and the market prospects of unmanned vending machines are unlimited. It is believed that in the near future, shopping centers will be composed of huge smart vending machines. The above information is shared by the vending machine and reprinted, please mark the previous post: Data-based operation The vending machine achieves accurate online diversion