Amazon's first large retail grocery location that uses the Just Walk Out technology. Just Walk Out technologyAmazon developed the Just Walk Out technology to support a truly seamless customer experience at the cashier-less Amazon Go stores. (Photo by David Ryder/Getty Images) Getty ImagesAmazon has patented the Just Walk Out technology and is constantly improving the algorithms. Selling the technology to other companies will offset development costs for Amazon and provide added revenue to its business. Amazon’s strategy is to build out its internal capabilities across various platforms including technology advancements, data storage, logistics and cloud services.

Source: Forbes March 15, 2020 09:56 UTC