Swedish technology company OmboriGrid AB (publ) has launched the Ombori Grid Marketplace. Highlighting the impact of the marketplace addition on elevating the retail industry, Ombori Grid held a livestream launch event on July 7th, at 11:00am EST.
Ombori Grid’s targeted programs enable differently sized businesses to elevate customer experiences and streamline their operations through easy installation of their no-code applications. Ombori’s “prebuilt playbooks” are the first of their kind to hit the Internet of Things (or IoT) market.
Evolving Consumer Expectations
Ombori Grid developed its innovative solutions after garnering vast practical experience working alongside retailers worldwide. First, the company recognized that consumers have become conditioned to smooth, efficient online experiences.
That expectation was established, and reinforced, during the 2020 COVID-19 pandemic. Widespread lockdowns led home-bound consumers to increase their online shopping behaviors. In turn, online retailers fine-tuned their customer fulfillment services to deliver customer goods at impressive speeds.
With the pandemic winding down in 2021, consumers are gradually resuming their normal shopping habits. However, customers still expect streamlined experiences in physical spaces such as the retail environment, akin to how they made purchases digitally during the height of COVID-19.
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By adding digital functionality to retail shopping areas and other customer-centric settings, retailers will get shoppers coming back into stores and increase revenue. Increasingly digitized environments translate to an increase in the IoT market segment’s prominence.
IoT Platform Design and Logistics Issues
Designing these sophisticated, often-interactive spaces has historically been a time-consuming, complex, and involved proposition. Current vendor offerings have demonstrated unimpressive user experiences and often lack the necessary analytics functionality.
Prior to Ombori Grid’s no-code apps, the only available option was to develop an expensive and laborious bespoke solution. Retailers had to engage consultants or set up in-house development teams to design and build, and maintain a custom hardware and software framework.
These logistics issues and expenses have resulted in systems that customers don’t like and don’t want to use. Retailers who have installed the digitalized systems found that they are difficult to scale to multiple store locations.
Enter Ombori’s “Plug and Play” Solutions
Oskar Jakobsson Leads the Marketplace Solutions Effort
Oskar Jakobsson, formerly H&M’s Head of Solution and Innovation, joined the Ombori Grid team on May 1, 2021. He assumed responsibility for the Ombori Grid and Marketplace development and expansion.
Jakobsson previously managed fashion retail giant H&M’s innovation and testing programs. His 20 years of customer-focused retail work provide him with a perspective that will help to inform his Ombori work.
Oskar Jakobsson is confident that Ombori Grid is at a strategic nexus that will drive forward development of the IoT market. “We as a company are perfectly placed and the product itself is really at the forefront. Not least last year’s pandemic has shown this and new customers are being added all the time.”
Microsoft’s Key Role in Ombori Grid Operations
The Microsoft Azure IoT platform hosts the Ombori Grid and the growing number of Marketplace solutions. Ombori Grid maintains an ongoing collaborative relationship with Microsoft. Speaking at the livestream launch event, Microsoft’s Chase Hawkins highlighted the importance of spearheading ready-to-use solutions for business owners. Hawkins reported, “They (business owners) don’t want to talk about the technology, they view it as ‘plumbing’. They want the solutions.”
For retailers who already have an Azure account, the purchase and billing process is quick and easy through the Azure Marketplace. There’s no need to go through a lengthy procurement process, and payment can be made through their existing Microsoft Azure subscription, making the solutions easier to implement with less hurdles and time needed for vendor compliance assessments.
