The Cork company planning for shops without tills

Cork AI firm Everseen's checkout technology helps retailers avoid billions in losses. Its CEO speaks about the future

Alan O'Herlihy, CEO of Everseen, which is headquartered in Blackpool, Cork. The company works with 14 of the world's top-25 retailers. Picture: Denis Minihane

Having become a market leader in the US, Cork artificial-intelligence firm Everseen is planning  to expand into Europe and Asia over the next two years and grow by a factor of 10.

From its headquarters in Blackpool, and through research centres in Timisoara, in Romania, and Belgrade, Serbia, Everseen has developed video-camera technology that monitors self-service checkouts for items that were not scanned, thus reducing errors and thefts. Such errors and thefts cost retailers up to €40bn each year.