Artificial Intelligence or AI is expected to be in major demand by retail consumers due to its ability to make interactions in retail as flawless and seamless as possible. Many of us do realise the potential of AI and all that it is capable of, along with the support of Machine Learning or ML, but don't realise that the implementation of AI in certain segments has already … [Read more...] about AI’s Impact on Retail: Examples of Walmart and Amazon
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How Artificial Intelligence Will Change the Retail Industry
The age of Artificial Intelligence is here and automation technology is already being used across the globe by companies in every industry. From farming and warehouse operations to robots that assist customers in finding what they want, the evolution of robotics is game-changing. Particularly within retail and B2C industries where customer experience and customer journey is … [Read more...] about How Artificial Intelligence Will Change the Retail Industry
Retail: How to Keep it Personal & Take Care of Privacy
For years the retail sector has been making use of customer data to propel their own marketing campaigns forward. What remains to be seen in this regard is, how the future of better data collection and technology, coupled with an enhanced need for customer personalization shakes up this procedure in the future. For the retail sector, the future promises amplified feasibility … [Read more...] about Retail: How to Keep it Personal & Take Care of Privacy
How Retailers are Leveraging Augmented Reality this Holiday Season
The National Retail Federation predicts that between November and December 2017, holiday retail sales will top out at $678.75 billion. As shoppers across the country prepare to drop some serious cash over the next few weeks, they'll have greater access than ever before to digital technologies that transform the way they shop for, try on, and try out products. Taking center … [Read more...] about How Retailers are Leveraging Augmented Reality this Holiday Season
How Artificial Intelligence Will Change Corporate Governance
Growing investments in Artificial Intelligence (AI) technology have transformed many areas in the business world, especially among high-tech and financial organisations. External spending on AI-related projects went up to $12 billion in 2016. Companies looking into AI may focus on the potential for automating low-skill tasks, but they are overlooking a major opportunity. … [Read more...] about How Artificial Intelligence Will Change Corporate Governance