15 Best New Tech Stocks To Invest In

9. Diebold Nixdorf Inc. (NYSE:DBD)

Market Capitalization as of January 21: $1.67 billion

Number of Hedge Fund Holders: 24

Diebold Nixdorf Inc. (NYSE:DBD) is a technology company that enables connected commerce. It provides innovative solutions for the banking and retail industries. These include ATMs, self-service kiosks, point-of-sale systems, and software that enhance customer experiences and streamline operations.

The company’s AI-powered solution called the Vynamic Smart Vision I Shrink Reduction, is making a significant impact on self-service checkout operations for Groupement Mousquetaires, which is a leading French retail group. This technology addresses fraud at self-service checkouts. It uses real-time customer behavior analysis to detect common causes of loss, like unscanned items, stacked items, and customers leaving without paying.

The pilot program at the La Farlède store yielded impressive results. Erroneous transactions were reduced from 3% to less than 1%, which highlighted the effectiveness of AI technology. Cashier interventions also dropped by nearly 15%. The solution is now positioned for wider implementation across the group’s stores. It will drive future growth for Diebold Nixdorf Inc. (NYSE:DBD) by attracting new customers and expanding market share.