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SOLUM and Simbe Expand European Collaboration to Advance Intelligent Store Operations

Business

SOLUM and Simbe Expand European Collaboration to Advance Intelligent Store Operations
Business

Business

SOLUM and Simbe Expand European Collaboration to Advance Intelligent Store Operations

2026-03-05 15:00 Last Updated At:17:06

DÜSSELDORF, Germany--(BUSINESS WIRE)--Mar 5, 2026--

SOLUM (KOSPI: 248070) and Simbe announced the expansion of their strategic collaboration to further integrate autonomous store intelligence with SOLUM’s Newton Electronic Shelf Label (ESL) infrastructure across Europe. The collaboration was highlighted at EuroShop, where Simbe’s Store Intelligence™ platform was demonstrated live at the SOLUM booth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260304620371/en/

Simbe recently introduced Tally 4.0, the next generation of their autonomous shelf-scanning robot, reflecting the company’s continued evolution in retail shelf digitization, incorporating extended runtime, enhanced edge computing, and advanced vision capabilities. Designed to deliver deeper shelf coverage and real-time data insights at enterprise scale, the platform transforms physical shelf conditions into actionable operational intelligence. Simbe powers shelf intelligence for the most retail banners worldwide.

By integrating Simbe’s autonomous shelf data with SOLUM’s Newton ESL platform, retailers can connect real-time visibility with dependable digital execution. Pricing discrepancies, out-of-stocks, and merchandising gaps identified by Simbe’s platform can be reflected through SOLUM’s Newton ESL, which is engineered for stable connectivity, fast updates, and centralized cloud-based control across large store estates.

The combination reduces reliance on manual store audits while enabling a continuous feedback loop between shelf conditions and digital communication. This strengthens pricing consistency, supports improved on-shelf availability, and enhances overall operational discipline in dynamic retail environments.

During EuroShop, retailers experienced how autonomous store intelligence and scalable ESL infrastructure can operate together as part of a unified store framework. The live demonstration sparked constructive discussions around deployment strategies and integration pathways, with both companies agreeing to continue working closely with interested European retailers to advance intelligent store modernization initiatives.

Paul Warren, VP of EMEA Sales at Simbe said,

“Tally 4.0 represents an important step in connecting digital decision-making with physical store reality—with a data foundation also built to integrate with social and agentic commerce channels. Expanding our collaboration with SOLUM enables us to further embed autonomous store intelligence within scalable retail infrastructure across Europe.”

Daniel Lee, CEO at SOLUM Europe added,

“Physical store intelligence becomes transformative when it operates within a connected retail ecosystem. Integrating Simbe’s autonomous robotics with our Newton ESL backbone extends that ecosystem into the aisle, linking real-time shelf visibility with resilient digital infrastructure across large retail environments.”

About SOLUM

Founded in 2015 as a spin-off from Samsung Electro-Mechanics, SOLUM is a publicly traded company listed on the KOSPI stock exchange. The company has established itself as a leader in power solutions, display technologies, and electronic shelf labels (ESL), driving innovation across the global retail sector. With a strong commitment to customer-centric innovation and sustainable retail transformation, SOLUM continues to develop high-quality solutions that empower retailers to operate more efficiently in an increasingly digital world.

www.solum-group.com

About Simbe

Simbe is the global leader in retail shelf digitization. Its Store Intelligence™ platform combines advanced computer vision, AI, and automation to give retailers real-time visibility into every shelf, product, and store. Deployed across 10 countries and trusted by retailers across nearly a dozen sectors, Simbe empowers organizations to scale intelligent automation, improve operational precision, and elevate both associate and shopper experiences.

www.simberobotics.com

The collaboration was highlighted at EuroShop, where Simbe’s Store Intelligence™ platform was demonstrated live at the SOLUM booth. (Image: SOLUM)

The collaboration was highlighted at EuroShop, where Simbe’s Store Intelligence™ platform was demonstrated live at the SOLUM booth. (Image: SOLUM)

SOLUM and Simbe announced the expansion of their strategic collaboration to further integrate autonomous store intelligence with SOLUM’s Newton Electronic Shelf Label (ESL) infrastructure across Europe. (Image: SOLUM)

SOLUM and Simbe announced the expansion of their strategic collaboration to further integrate autonomous store intelligence with SOLUM’s Newton Electronic Shelf Label (ESL) infrastructure across Europe. (Image: SOLUM)

Iran and Iranian-backed militias fired missiles at Israel while Israel and the United States pounded targets in Iran as the war expanded.

This is a photo gallery curated by AP photo editors.

Ultra-Orthodox Jewish men celebrate the festival of Purim in Jerusalem, amid the war with Iran Wednesday, March 4, 2026. (AP Photo/Ohad Zwigenberg)

Ultra-Orthodox Jewish men celebrate the festival of Purim in Jerusalem, amid the war with Iran Wednesday, March 4, 2026. (AP Photo/Ohad Zwigenberg)

A man inspects a damaged house struck by a rocket fired from Lebanon, in Hatzor HaGlilit, northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

A man inspects a damaged house struck by a rocket fired from Lebanon, in Hatzor HaGlilit, northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Tourists board buses bound for the Taba border crossing with Egypt to leave Israel after Israeli airspace was closed amid the war with Iran, in Tel Aviv, Israel, Wednesday, March 4, 2026. (AP Photo/Leo Correa)

Tourists board buses bound for the Taba border crossing with Egypt to leave Israel after Israeli airspace was closed amid the war with Iran, in Tel Aviv, Israel, Wednesday, March 4, 2026. (AP Photo/Leo Correa)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Ultra-Orthodox children wearing costumes during the purim festival cross a street in Netanya, Israel, Tuesday, March 3, 2026. (AP Photo/Ariel Schalit)

Ultra-Orthodox children wearing costumes during the purim festival cross a street in Netanya, Israel, Tuesday, March 3, 2026. (AP Photo/Ariel Schalit)

Swimmers enter the Mediterranean Sea in Tel Aviv, Israel, Wednesday, March 4, 2026. (AP Photo/Ohad Zwigenberg)

Swimmers enter the Mediterranean Sea in Tel Aviv, Israel, Wednesday, March 4, 2026. (AP Photo/Ohad Zwigenberg)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Israelis, some dressed in costumes celebrate the Jewish holiday of Purim in an underground parking garage as a precaution against possible Iranian missile attacks, in Tel Aviv, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Israelis, some dressed in costumes celebrate the Jewish holiday of Purim in an underground parking garage as a precaution against possible Iranian missile attacks, in Tel Aviv, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Jewish men covered in prayer shawls pray in an underground parking garage as a precaution against possible Iranian missile attacks, in Tel Aviv, Israel, Tuesday, March 3, 2026. (AP Photo/Oded Balilty)

Jewish men covered in prayer shawls pray in an underground parking garage as a precaution against possible Iranian missile attacks, in Tel Aviv, Israel, Tuesday, March 3, 2026. (AP Photo/Oded Balilty)

A girl wears a decorative dress during the Jewish festival of Purim inside a bomb shelter synagogue in Hadera, Israel, Monday, March 2, 2026. (AP Photo/Ariel Schalit)

A girl wears a decorative dress during the Jewish festival of Purim inside a bomb shelter synagogue in Hadera, Israel, Monday, March 2, 2026. (AP Photo/Ariel Schalit)

Rescue workers bandage a wounded man and provide first aid at the site of a direct hit from an Iranian missile strike in Tel Aviv, Israel, Saturday, Feb. 28, 2026. (AP Photo/Tomer Neuberg)

Rescue workers bandage a wounded man and provide first aid at the site of a direct hit from an Iranian missile strike in Tel Aviv, Israel, Saturday, Feb. 28, 2026. (AP Photo/Tomer Neuberg)

Paramedics evacuate wounded people from the site of a deadly Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Paramedics evacuate wounded people from the site of a deadly Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Jack Schneider practices Israeli folk dancing with his partner at the beachfront of Tel Aviv, Israel, Monday, March 2, 2026. (AP Photo/Leo Correa)

Jack Schneider practices Israeli folk dancing with his partner at the beachfront of Tel Aviv, Israel, Monday, March 2, 2026. (AP Photo/Leo Correa)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners lower the flag-draped bodies of Sarah Elimelech and her daughter Ronit into the grave during their funeral, a day after they were killed in an Iranian missile strike in Beit Shemesh, on Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners lower the flag-draped bodies of Sarah Elimelech and her daughter Ronit into the grave during their funeral, a day after they were killed in an Iranian missile strike in Beit Shemesh, on Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Leah Guttmann holds her son, Teddy, as other people take shelter in an underground parking garage while air-raid sirens warn of incoming missiles launched by Iran toward Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Ohad Zwigenberg)

Leah Guttmann holds her son, Teddy, as other people take shelter in an underground parking garage while air-raid sirens warn of incoming missiles launched by Iran toward Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Ohad Zwigenberg)

Rescue workers and military personnel operate at the scene where several people were killed in an Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Rescue workers and military personnel operate at the scene where several people were killed in an Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

A damaged apartment is seen a day after it was struck by an Iranian missile in Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Ohad Zwigenberg)

A damaged apartment is seen a day after it was struck by an Iranian missile in Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Ohad Zwigenberg)

An officer from Israel's Home Front Command searches through the rubble of a destroyed house after it was struck by an Iranian missile in Beit Shemesh, Israel, Sunday, March 1, 2026. (AP Photo/Leo Correa)

An officer from Israel's Home Front Command searches through the rubble of a destroyed house after it was struck by an Iranian missile in Beit Shemesh, Israel, Sunday, March 1, 2026. (AP Photo/Leo Correa)

People take shelter in an underground parking garage as air raid sirens warn of incoming missiles launched by Iran toward Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Ohad Zwigenberg)

People take shelter in an underground parking garage as air raid sirens warn of incoming missiles launched by Iran toward Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Ohad Zwigenberg)

Rescue workers and military personnel carry a body of a victim from the scene where several people were killed by an Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Rescue workers and military personnel carry a body of a victim from the scene where several people were killed by an Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Rescue workers and military personnel survey the scene of a direct hit a day after an Iranian missile struck in Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Oded Balilty)

Rescue workers and military personnel survey the scene of a direct hit a day after an Iranian missile struck in Tel Aviv, Israel, Sunday, March 1, 2026. (AP Photo/Oded Balilty)

Ultra-Orthodox Jews gather at the site where several people were killed by an Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Ultra-Orthodox Jews gather at the site where several people were killed by an Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Paramedics evacuate wounded people from the site of a deadly Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Paramedics evacuate wounded people from the site of a deadly Iranian missile strike in Beit Shemesh, Israel Sunday, March 1, 2026. (AP Photo/Leo Correa)

Trace of an air defense missile interception during an Iranian attack is seen over Jerusalem's Old City, Sunday, March 1, 2026. (AP Photo/Mahmoud Illean)

Trace of an air defense missile interception during an Iranian attack is seen over Jerusalem's Old City, Sunday, March 1, 2026. (AP Photo/Mahmoud Illean)

Israeli security forces inspect a damaged road after a missile launched from Iran struck Jerusalem, Sunday, March 1, 2026.(AP Photo/Mahmoud Illean)

Israeli security forces inspect a damaged road after a missile launched from Iran struck Jerusalem, Sunday, March 1, 2026.(AP Photo/Mahmoud Illean)

Ultra-Orthodox Jewish men look on as Israeli security forces operate at the site where several people were killed in an Iranian missile strike in Beit Shemesh, Israel, Sunday, March 1, 2026. (AP Photo/Leo Correa)

Ultra-Orthodox Jewish men look on as Israeli security forces operate at the site where several people were killed in an Iranian missile strike in Beit Shemesh, Israel, Sunday, March 1, 2026. (AP Photo/Leo Correa)

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