RetailTech Lab – The Future of Retail
Entrepreneurs and the retail industry are preparing for the future in new Living Lab created by Science City Lyngby.
Smart security tags, heat maps and facial-recognition payment
Smart security tags, geodata, artificial intelligence, and new payment and delivery solutions. These are just some of the technological solutions that RetailTech Lab are currently testing in Denmark’s first living lab for technological solutions for the retail industry.
The core of the concept is to strengthen the collaboration between entrepreneurs with innovative ideas for the retail industry and retailers that seek to optimize their physical shopping experience. The goal is to increase the use of new technology in the industry and at the same time help Danish entrepreneurs succeed.
About RetailTech Lab
RetailTech Lab is a test centre for technological solutions for the retail industry. It is a meeting place for entrepreneurs, retailers, students, and not least for consumers. RetailTech Lab is made possible by Science City Lyngby’s more than 80 member companies and institutions, DTU, and Lyngby-Taarbæk Municipality. The project is funded by The Danish Executive Board for Business Development and Growth.
“The overall goal of RetailTech Lab is to provide entrepreneurs and researchers with the best possible settings for them to test and develop technologies for the retail industry, so that the Danish retail industry can join the digitization wave, and help define the retail of the future. It is a win-win for all parties”,
says CEO of Science City Lyngby, Marianna Lubanski.