The outbreak of CoVid-19 has fundamentally disrupted the US economy and continues to pose a
clear and present danger to US citizens, the international community and businesses.
The devastation in just the first few weeks of the outbreak in the US is evident:
Essential businesses and categories will fare better during economic volatility than nonessential businesses. Across all retail categories, digital-first players such as Amazon are gaining a strategic foothold in capturing customer wallet-share given the abrupt shopper behavior changes required by the pandemic.
The unique threat that a pandemic presents will require that brick and mortar businesses increase adaptability in implementing crisis response measures and more quickly implement these measures in the future. Evidence from other countries such as Singapore suggests that during pandemics, multiple lock downs may be required when a second outbreak occurs.4
"Brick and mortar businesses are in need of unique solutions that drive growth, provide adaptability, enable sales, and ensure the safety of their customer base."
Source: 1Google COVID Mobility Reports 2Department of Labor 3World Economic Forum 4Business Insider
In a world where even one sick employee or customer can wreak havoc on the business, Deep North is uniquely positioned to help retailers make the most of their existing video assets during uncertain times.
Gain real-time insights on employee safety compliance for future training for safety behaviors such as:
Deep North is analytics and AI for the physical world. Its end-to-end software solution combines artificial intelligence with computer vision to help retailers and businesses digitize and analyze behavioral metrics in the physical world and gives them tools to act upon these insights.