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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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Voila raises $6M for its A.I.-powered storefronts for online creators

TechCrunch

He later joined a machine learning team at Google, thanks to his mathematics background. As part of this process, it uses machine learning to try to also analyze the scene in order to suggest other relevant items that can be added. To date, Voila has raised $7.5 million, including from investors SOSV and Artesian.

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Lily AI lands new capital to help retailers match customers with products

TechCrunch

Meta has also experimented with apparel attribute prediction for Facebook Marketplace, two years ago showcasing a system that could extract clothing attributes and fashion styles from photos of models on Instagram and Flickr. .

Retail 226
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Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt

Cloudera

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . Data and analytics. GMA suffers, mostly dependent upon e-commerce business.

Retail 86
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Demand Forecasting Methods: Using Machine Learning and Predictive Analytics to See the Future of Sales

Altexsoft

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. Machine learning for demand planning — advanced accuracy at the price of added complexity. Data sources. Why to use it.

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How to reinvent Mobile eCommerce App through Personalization

Openxcell

Myntra and bewakoof.com as a cost-effective apparel business organize fashion quizzes and spinning games that lead to customers’ preferences and offers to satisfy their needs. Myntra as one of the known apparel businesses, serves best from an eCommerce site and growing away fast by attracting customers over social media.

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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). For instance, AI helps them access critical information, while machine learning helps them make sense of this information to predict and track trends and make smarter business decisions. RFID tags have been used increasingly in the apparel sector, among many others.

Trends 52