SBW Share Price History
04 Mar, 2021
With the business potentially at an important milestone, we thought we'd take a closer look at Shekel Brainweigh Ltd.'s...
29 Jul, 2020
Demand for Shekel Brainweigh Innovendi Autonomous Micro Market Solution Grows Following Latest Technology Enhancements
Shekel Brainweigh Ltd. (ASX: SBW), the leader in advanced weighing technology, announces it experienced more than 20 percent growth for its Innovendi business as global retailers look for frictionless customer shopping experiences while mitigating shrinkage risks. Innovendi is an unattended automated locked micro market cooler equipped with smart shelves, providing full autonomous solution for reliable self-service of products. The increased demand is also attributed to significant improvements in Shekel Brainweigh’s technology released in a recent major software upgrade. This upgrade improves checkout speed by 25 percent, allowing faster shopping experience with smaller queues, increased social distancing, improved performance and product recognition accuracy. The Innovendi micro market meets today’s market demand for healthier food, ready meals and specialty drinks, which are not currently offered in traditional vending machines.