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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. Nvidia isn’t packaging these workflows as off-the-shelf applications, however. The workflows are built on Nvidia’s existing AI technology platform.

Retail 190
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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. In 2017, global eCommerce sales accounted for 10.2 trillion US dollars). This figure is projected to reach 17.5

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Hivery bags new money to automatically optimize product placement on store shelves

TechCrunch

Hivery , a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million in a Series B round led by Tiger Global, the embattled private equity firm, with participation from Blackbird Ventures, AS1 Growth Partners and OneVentures. We call it ‘hyper-local retailing.'”

Retail 197
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Next Best Action Marketing: How to Implement Hyper-Personalization with Machine Learning

Altexsoft

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. The funnel for each customer is unique as each customer learns about a company or its services at their own pace and style. This changes the game for marketers.

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AI-First Benefits: 5 Real-World Outcomes

Cloudera

Artificial intelligence (AI) has been a focus for research for decades, but has only recently become truly viable. In a retail operation, for instance, AI-driven smart shelf systems use Internet of Things (IoT) and cloud-based applications to alert the back room to replenish items. Benefits aplenty. Faster decisions .

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AI & Business Analytics: A Smart Guide

Sunflower Lab

Diving into World of Business Analytics Data analytics is not an old concept, it is an essential practice which has driven business success in the past and the present, it will confidently drive the success in the future too.

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New Zealand-based Imagr thinks camera-based AI is the future of shopping trolleys

TechCrunch

With COVID, I think what you probably saw was a huge rush on supermarkets that really exposed a number of things retailers weren’t prepared for,” Will Chomley, CEO and co-founder, told TechCrunch. “It Imagr, which recently had a pop-up shop in London to demonstrate its tech, is currently raising its Series A after it raised $9.5