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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Video and visual analytics ensure that trucks are filled before they leave the warehouse or distribution center, consolidating deliveries into fewer trips. With 5G-enabled smart mirrors, a person can virtually try on apparel. Sensors and other IoT devices track inventory and ensure that products are safe and secure.

Retail 263
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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

Fast checkout, personalized recommendations, or instant access to customer care at any time are a few services that can be implemented with the help of artificial intelligence. X-Mart visitors can choose from a wide range of items, including beauty products and fast-moving consumer goods, as well as fashion and apparel.

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Why Apparel Brands Should Implement a Next-Generation ERP Solution Today – and How to Achieve It, Part 2

Capgemini

This three-part blog series explores the advantages of a modern ERP solution for apparel companies. A version of the series originally appeared in Apparel Magazine. Near-real-time analytics enable you to understand buying trends and shifts in customer behaviors and preferences as they are happening. SAP S/4HANA Fashion can help.

Apparel 60
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How is AI Used in Retail Business?

Exadel

Shopping is rapidly moving in a more intelligent and customer-oriented direction: retailers strive to provide ever-enticing and personalized offers to keep ahead of the competition.The pandemic played its part as well — as businesses were forced to find innovative ways to offer goods and services without a physical presence.

Retail 52
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Unlocking the Power of Minneapolis Billboards: From Traditional to Digital Out-of-Home (DOOH) Advertising

Strategy Driven

This article explores the transformation of outdoor advertising from traditional static displays to dynamic digital out-of-home (DOOH) billboards and how marketers can leverage this medium to enhance their brand messaging and engage with consumers in innovative ways.

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Top 5 Trends in the Logistics Industry to Look Out for in 2021

Trigent

Artificial Intelligence (AI) and Machine Learning (ML). RFID tags have been used increasingly in the apparel sector, among many others. Predictive analytics – Predictive analytics adoption, which currently stands at 31 percent, is expected to grow to 79 percent in the next 3-5 years.

Trends 52