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Why Adopting New Technologies like AR and VR are Essential for Your Business?

Trigent

In that case, it is essential to understand why companies consider adopting new technologies or digital transformations like Augmented Reality (AR) and Virtual Reality (VR) to meet customer needs. This technology has entered various fields of business and offered a changing aspect. As of 2023, there are 65.9 million VR users and 110.1

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

Altexsoft

For this article, we discussed current and potential applications of AI in retail, as well as the state of the industry in general, including factors that drive adoption of cognitive technologies. However, the cashierless store concept has been under pressure in the US due to a backlash against cashless systems. percent of U.S.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Such a pricing strategy can lead to bad reviews, complaints, or worse.

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Automating product description generation with Amazon Bedrock

AWS Machine Learning - AI

However, Amazon Bedrock’s flexibility allows these descriptions to be fine-tuned to incorporate customer reviews, integrate brand-specific language, and highlight specific product features, resulting in tailored descriptions that resonate with the target audience. We’ve provided detailed instructions in the accompanying README file.