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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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Should you build or buy generative AI?

CIO

For generative AI, that’s complicated by the many options for refining and customising the services you can buy, and the work required to make a bought or built system into a useful, reliable, and responsible part of your organization’s workflow. Since the release of ChatGPT last November, interest in generative AI has skyrocketed.

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Process Mining Explained: Techniques, Applications, and Challenges

Altexsoft

Process mining is a set of techniques for the analysis of operational processes based on event logs extracted from company’s databases, information systems, or business management software such as enterprise resource planning (ERP), customer relationship management (CRM), electronic health records (EHR), etc. What is process mining?

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Supply Chain Control Tower: Enhancing Visibility and Resilience

Altexsoft

Leading executives focus on building resilient and intelligent supply chains that can withstand the turmoil due to data-based proactive decisions. “Control towers are the artificial intelligence (AI) of supply chain. Everyone wants to have it, but nobody quite knows how it works.” Christian Titze, vice president analyst at Gartner.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

diversity of sales channels, complex structure resulting in siloed data and lack of visibility. There are two main approaches to demand planning: Traditional statistical methods make forecasts based on historical data and assume the continuation of existing trends. Supply chain management process. Everything starts with a plan.

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The Good and the Bad of Apache Kafka Streaming Platform

Altexsoft

It offers high throughput, low latency, and scalability that meets the requirements of Big Data. The technology was written in Java and Scala in LinkedIn to solve the internal problem of managing continuous data flows. What does the high-performance data project have to do with the real Franz Kafka’s heritage?