TechCrunch
JANUARY 8, 2024
After recently turning to generative AI to enhance its product reviews, e-commerce giant Amazon today shared how it’s now using AI technology to help customers shop for apparel online.
Trigent
AUGUST 20, 2023
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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Cloudera
SEPTEMBER 11, 2020
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. . What they have learned is that often their legacy Machine Learning models (e.g.
Capgemini
JUNE 11, 2020
I have been engaged in the retail industry for 16 years, and I think it has been hit the hardest: millions of jobs lost, an estimated $430 billion downturn in retail revenue according to NRF estimates , 58% reduction in foot traffic across retail industries, and a more than 37% drop in online sales for apparel and footwear.
Openxcell
APRIL 14, 2020
Growing digitalization in the business involves growing competition and brands are evolving technology to deal with the competition. The last year 2019 is the big answer proving why “Personalization technology” is important and how it helped business marketing to grow. Process of reinventing business with technology.
Zensar
FEBRUARY 13, 2020
Besides chipping away at your pocket, returned goods are also impacting the environment adversely due to a shortage of space and resources to handle it. However, they also agree that while returns are integral to driving sales, they also lead to significant losses, primarily due to the high costs of reverse logistics management.
Altexsoft
JUNE 6, 2019
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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