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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 189
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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. The intelligence generated via Machine Learning. There are also significant cost savings linked with artificial intelligence in health care.

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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 billion in 2021, based on Strategy Analytics’ report. RenovAI helps retailers offer automated interior design advice to their customers.

3D 189
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LG announces the first 50 participants in its LG Nova program

TechCrunch

Artificial intelligence-powered remote patient monitoring wearable technology. XRHealth Virtual Clinic – Integrates VR/AR, licensed clinicians and real-time data analytics. ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies.

3D 221
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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

percent of all retail sales (2.3 eCommerce share of total retail sales worldwide from 2015 to 2021. To remain competitive, retailers must allow in-store customers to enjoy the benefits of online shopping. The country’s second largest online retailer JD.com is one the companies making the idea of checkoutless shopping a reality.

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The Week’s 10 Biggest Funding Rounds: Fever Heats Up Week With $110M Round

Crunchbase News

tied) Luma , $43M, artificial intelligence: Palo Alto, California-based Luma, which helps users develop 3D models using AI, raised a $43 million Series B round with participation from Andreessen Horowitz and others. Founded in 2016, the company has now raised more than $54 million, per Crunchbase.

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Here are the 23 companies pitching at Alchemist Accelerator’s Demo Day XXVIII today

TechCrunch

Arcturus : A “climate data analytics” tool meant to help companies identify shortcomings in their sustainability plans, or help asset managers determine how climate change and new regulation will impact their portfolio. OnTrack Rehab : An in-home training program meant to help seniors improve their balance and reduce falls.

Company 197