Retail IoT software assists in configuring, managing, and monitoring Internet of Things (IoT) devices used throughout retail environments. This smart technology enables retail managers and store owners to optimize resource usage, reduce costs, and improve conditions for employees and customers, while also generating valuable data on store operations and visitors. Retail IoT solutions often include specialized hardware designed for retail settings and may synchronize with other connected devices, either preconfigured for IoT or connected through third-party sensors. Retail IoT software can feature or integrate with other IoT-related solutions, such as IoT platforms and IoT device management software. Many of these solutions also offer capabilities similar to retail analytics software, retail operations software, and retail business management software, and can integrate with these tools to share data, providing a unified approach to retail asset management and store optimization.
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