2024 RTIH Innovation Awards winner Everseen reports key 2024 milestones in vision AI for retail

Everseen, a specialist in vision AI, has announced key 2024 milestones, including new patents, a loss prevention solution for high value aisles, and a new inventory management solution.

“Vision AI has the power to transform retail operations,” says Alan O’Herlihy, Founder and CEO at Everseen.

“We not only improve business operations and profit margins for retailers but also help ensure positive customer experiences. Over the past year, we’ve made major advancements and expanded our offerings to better support retailers in tackling their most critical challenges.”

In 2024, key advancements in retail AI innovation included:

• Patented vision AI: Everseen was granted two new patents in 2024, one for anomaly detection and another specifically for detecting cart-based loss. These combine vision AI with advanced data processing, and bring its total patents to 83 worldwide, protecting more than 20 distinct technology innovations.

• Enhanced global shrink intelligence: Everseen’s intelligence provides retailers with insights, enabling them to anticipate and address emerging types of shrink such as cart-based loss, which Everseen identified in early 2024 as the source of 30% of all self-checkout incidents.

• Pattern identification:  Building on insights into cart-based loss, non-scans, and abandoned transactions, Everseen’s platform now catalogues 30 distinct shrink patterns, which, the company claims, far surpasses the limited set tracked by other industry solutions.

2024 RTIH INNOVATION AWARDS

Everseen was among the winners at the sixth edition of the RTIH Innovation Awards.

The awards, sponsored by Vista Technology Support, Scala, CADS, 3D Cloud, Brightpearl by Sage’s Lightning 50, Business France, and Retail Technology Show 2025, celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended last month’s gathering.