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Accelerating the Future: Toshiba and Qualcomm Collaborate on Bold New Vision for Retail Technology Innovation

1. Qualcomm and Toshiba are collaborating on AI-powered IoT solutions for retail. 2. This partnership enhances edge computing for retailers' operational efficiency. 3. Retailers can leverage AI to improve security and customer experience. 4. The collaboration enables scalable solutions across numerous locations. 5. Qualcomm's innovations support Toshiba’s retail-focused IoT platforms.

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FAQ

Why Bullish?

Collaboration with Toshiba strengthens Qualcomm's market position in IoT solutions, driving demand.

How important is it?

The partnership may significantly impact Qualcomm's future growth in the retail sector, attracting investors.

Why Long Term?

Sustained advancements in retail technology will gradually impact Qualcomm's revenue over time.

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RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Toshiba Global Commerce Solutions and Qualcomm Technologies, Inc. are collaborating to bring advanced, scalable AI-powered IoT solutions to the retail industry. Retailers will benefit from accelerated time-to-market solutions and cutting-edge technologies, providing significant advantages in the rapidly evolving retail landscape. This collaboration marks a new era that utilizes Toshiba’s edge computing devices powered by Qualcomm Technologies’ state-of-the-art IoT chipsets to deliver high-performance, energy-efficient computing at the edge. “Retailers are navigating an industry where agility, efficiency, and innovation are essential to success. By combining Toshiba’s advanced edge computing devices with Qualcomm Technologies’ foundational innovations, we are enabling retailers to accelerate innovation through scalable, cost-effective solutions. This collaboration paves the way for a new era of edge-first retail capabilities,” said Yevgeni Tsirulnik, SVP of Innovation and Incubation at Toshiba Global Commerce Solutions. “Edge computing reduces the need for costly servers and extensive cloud computing. Combined with AI and computer vision capabilities, these innovative edge solutions enable real-time, on-device processing, allowing retailers to respond instantly to security alerts or insights on customer behavior while maintaining seamless connectivity with cloud services for post-transactional analysis.” Toshiba and Qualcomm Technologies are setting the stage for the next generation of retail innovation by combining powerful edge computing with cloud-integrated IoT platforms. As part of this collaboration, Toshiba and Qualcomm Technologies are exploring new ways for Qualcomm® IQ processors to be used in a roadmap of Toshiba intelligent cameras, edge devices/servers, and other retail touchpoints. Combined with the scalability of Toshiba’s IoT platform, thousands of devices can be deployed across multiple locations, managed, and optimized effortlessly. “The retail industry is at a pivotal moment where the need for smarter, more connected systems is driving demand for innovation. Together, we’re making advanced technologies like computer vision and AI more accessible, delivering options that lower costs and expand capabilities for retailers,” stated Art Miller, Vice President, Business Development and Head of Retail, Qualcomm Technologies, Inc. “Through Qualcomm Technologies’ infrastructure with Toshiba’s retail capabilities, retailers can quickly innovate to transform in-store operations and create better shopper experiences. Retailers can now harness AI to enhance security, reduce shrink, and deliver personalized consumer experiences faster and more effectively than ever before.” Qualcomm Technologies is augmenting its world-class silicon with groundbreaking solutions through its software platforms Aware and FoundriesFactory. Additionally, Qualcomm Aware and Foundries.io will look to support Toshiba’s advanced solutions like ELERA® Commerce Platform and ELERA® IoT Suite, enabling digital transformation by efficiently handling complex operations and streamlined processes at scale. The collaboration between Toshiba and Qualcomm Technologies also extends to the Toshiba Commerce Marketplace, a convenient one-stop shop for scalable solutions where retailers, developers, integrators, and partners will benefit from early access to cutting-edge technologies, providing a significant advantage in the rapidly evolving retail landscape. Toshiba offers a comprehensive range of professional and field services, including tailored service packages and time-and-material consulting. These services guarantee smooth implementation, helping retailers achieve operational excellence at scale. By combining powerful edge computing devices with a scalable, cloud-integrated IoT platform and robust field and professional services, Toshiba and Qualcomm Technologies are setting the stage for next-generation retail innovation. Retailers can now harness AI to enhance security, reduce shrinkage, and deliver personalized consumer experiences at scale—faster and more effectively than ever before. About Qualcomm Qualcomm is enabling a world where everyone and everything can be intelligently connected. Our one technology roadmap allows us to efficiently scale the technologies that launched the mobile revolution – including advanced connectivity, high-performance, low-power compute, on-device intelligence and more – to the next generation of connected smart devices across industries. Innovations from Qualcomm and our family of Snapdragon platforms will help enable cloud-edge convergence, transform industries, accelerate the digital economy, and revolutionize how we experience the world, for the greater good. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. About Toshiba Global Commerce Solutions: Toshiba Global Commerce Solutions empowers retail to thrive and prosper through a dynamic ecosystem of smarter, more agile solutions and services that enable retailers to resiliently evolve with generations of consumers and adapt to market conditions. Supported by a global organization of devoted employees and partners, retailers gain more visibility and control over operations while enjoying the flexibility to build, scale, and transform retail experiences that anticipate and fulfill consumers’ ever-changing needs. Visit commerce.toshiba.com and engage with us on: LinkedIn - YouTube - Facebook - Instagram: @toshibacommerce X/Twitter: @ToshibaCommerce Toshiba Global Commerce Solutions is a wholly owned subsidiary of Toshiba Tec Corporation, which is traded on the Tokyo Stock Exchange. Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

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