ISTANBUL, Turkey - Sept. 30, 2019 - Inspector Cloud, a developer of image recognition services for the retail industry, was announced a winner at Take Off Istanbul International Startup Summit and received the rights to expand in Turkey. The company is currently working in the U.S., Europe, and Russia.

As part of the offer, the Inspector Cloud team's living expenses in Turkey will be covered and the company will also receive $20,000 in Cloud Credit from Google, the summit's main sponsor.

"We are immensely grateful for this opportunity," said Alexander Berenov, Inspector Cloud's founder. "Turkey is a gateway to growing markets and is located strategically close to the Middle East and Central Asia, our next destinations."

Inspector Cloud has been providing AI-powered solutions for retail businesses since 2017. As a part of a project with PepsiCo, the company developed a new image recognition system for popular brands like Lay's, Pepsi, Mirinda, 7Up, and Aqua Minerale, among others. Their solution allows merchandisers to photograph shelves with their smartphones and quickly receive recommendations on product placement from neural networks.

The Take Off Istanbul International Startup Summit is the biggest technology event in the region, bringing together 300+ disruptive startups, 200+ investors, VCs, and the best accelerators from Turkey, MENA, the U.S., ASEAN, and Europe. The event is supported by the Turkish Ministry of Industry and Technology and provides partnership opportunities with 100+ multinational and regional corporate and public companies.

About Inspector Cloud

Inspector Cloud develops SaaS solutions for realtime store audits that help boost sales by 10 percent and reduce store audit times by 40-60 percent when compared to a manual audit. The system recognizes SKUs, processes the received information, and then provides a detailed analysis of store efficiency. Inspector Cloud's clients include Henkel, Wrigley, PepsiCo, Unilever, Philip Morris International, and many other companies.