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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028. As such it can help adopters find ways to save and earn money.

Analytics 363
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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS. Sensors and other IoT devices track inventory and ensure that products are safe and secure.

Retail 263
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5 ways AI is showing promise as a decision-maker

CIO

Chatbot conversations and decisions By some estimates, intelligent chatbots can already answer 80% of routine customer questions. Instead of waiting on hold or navigating through phone menus, customers can instantly get answers from a virtual agent that is far more engaging and knowledgeable than past generations of chatbots.

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Microsoft partners with AiFi to launch Smart Store Analytics, a tracking service for cashierless outlets

TechCrunch

In partnership with AiFi , a startup that aims to enable retailers to deploy autonomous shopping tech cost-effectively, Microsoft today launched a preview of a cloud service called Smart Store Analytics. It might sound like a lot of personal data Smart Store Analytics is collecting. million purchases to date.

Analytics 241
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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. There are also significant cost savings linked with artificial intelligence in health care. Just a decade ago, the use of augmented and virtual reality in healthcare was deemed science fiction.

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12 Impact of Artificial Intelligence on Mobile App Development

Xicom

Table Of Contents 1) Machine Learning in Mobile Apps 2) Predictive Analysis 3) Virtual Personal Assistants 4) Improved User Experience 5) Augmented Reality 6) Blockchain Technology 7) Facial Recognition 8) Internet of Things 9) Cloud Computing 10) Cybersecurity 11) Marketing and Advertisements 12) Big Data Q1: What is Artificial Intelligence?

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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