article thumbnail

Software vendors offer AI sales boost for retail at NRF show

CIO

As they take stock after the year-end frenzy of shopping the holiday season always brings, retail CIOs attending the National Retail Federation’s annual show, NRF 2024, may be wondering how they can improve their IT systems’ performance over the next 12 months. year on year in the first 11 months of 2023, AI or no AI.

Retail 263
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Everseen raises over $70M for AI tech to spot potential retail theft

TechCrunch

In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer items in stock than in its recorded inventory. ” Everseen hasn’t always succeeded in this mission. .

Retail 205
article thumbnail

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. Of that, survey respondents said 26% was due to process or control failures, 29% due to employee or internal theft, and 37% due to external theft.

Retail 189
article thumbnail

The Future of Retail Analytics

Trigent

The importance of retail analytics. The pandemic disruption challenged online and offline retailers on various fronts. A PwC survey confirms almost 40% of consumers visit a physical store at least once a week to make purchases. Pure-play online players like Alibaba or Amazon owe their success to retail analytics.

Retail 52
article thumbnail

Black Crow AI raises $25M to predict which products e-commerce customers will buy

TechCrunch

In the pandemic era, when digital storefronts have become a matter of course for retailers, data analytics is proving its worth. Those advantages — as well as their ability to forecast inventory and measure the effectiveness of marketing campaigns — have driven predictive analytics software revenues to record heights.

article thumbnail

Private 5G networks are sparking innovation at the edge

CIO

A recent survey commissioned by Dell Technologies and conducted by the TechTarget Enterprise Strategy Group (ESG) sheds light on the growing enthusiasm for private 5G across industries and where enterprise use cases might be heading over the next 12 months.

Network 264