Smart Vending is an example of the Internet of things (IoT). It is the network of physical objects—a.k.a. "things"—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the Internet. IoT also facilitates the popular use of real-time analytics, tracking, machine learning, natural language processing, and human-machine interaction.
Smart vending enables better buyers' experiences, captures more data for the sellers. Users can use mobile to purchase, interact with the machine using natural languages. Sellers can have a dashboard on sales of different machines, better inventory management, and management analytics.
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