Walmart had 29 patents in robotics during Q1 2024. Walmart Inc filed patents in Q1 2024 for technologies including image segmentation for text recognition, an automated order fulfillment system with compliant drive mobile robots, a customer access system with tote transfer and storage structure, control system for motorized transport units, and a cloud-based system for tire sales with personalized recommendations. GlobalData’s report on Walmart gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Walmart grant share with robotics as a theme is 37% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: System and method for textual analysis of images (Patent ID: US20240104617A1)
The patent filed by Walmart Inc. describes a system that uses segmentation to analyze images of products, applying them to two different CNN-based models to identify potential text or symbols. A selective NMS algorithm is then used to generate a final group of text regions, which are analyzed to take actions such as modifying a website, contacting a vendor, preventing a product from being sold, or removing a product from listings. The system can also utilize automated vehicles like ground vehicles or drones to remove items from display or storage units.
The method outlined in the patent involves using trained mathematical models to analyze images of products, identifying text or symbols within segmented regions. Actions such as modifying websites, contacting vendors, preventing sales, or removing products can be taken based on the analysis of the text regions. A selective NMS algorithm is applied to generate a final group of text results, which can be used to inform decisions regarding product availability. The system can also incorporate cameras for image capture and web-based catalog ordering systems for customer orders.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
