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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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Choosing the right Chatbot Assistant for your Business

Sunflower Lab

No organization wants to deal with slow and repetitive tasks and so comes the creation of bots, AI agents and virtual assistants. This blog showcases a basic understanding of different Chatbot Assistants: Bots, Virtual Assistants, and AI Agents; and how they can be utilized in different areas of your business.

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Robotic Process Automation: Technology Overview, Types of RPA Software, and Application Examples

Altexsoft

They use machine learning under the hood, and these types of RPA systems still require individual research and development. This article is a good place to start, learning what Robotic Process Automation is, how it works, and where it can be applied. But if a task has a straightforward flow, why not automate it?

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Supply Chain Control Tower: Enhancing Visibility and Resilience

Altexsoft

“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. Source: Supply Chain Dive Over the last few years, global supply chains have been so severely disrupted – but also enhanced with cutting-edge technologies.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

With the emergence of new creative AI algorithms like large language models (LLM) fromOpenAI’s ChatGPT, Google’s Bard, Meta’s LLaMa, and Bloomberg’s BloombergGPT—awareness, interest and adoption of AI use cases across industries is at an all time high. It’s the most revolutionary technological development in at least a generation.

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Digital Twins: Components, Use Cases, and Implementation Tips

Altexsoft

Digital twins play the same role for complex machines and processes as food tasters for monarchs or stunt doubles for movie stars. Having made their way to the virtual world, duplicates save time, money, and effort for numerous businesses — rather than the health and lives of rare VIPs. Who already uses them and for what reason?

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How to Set AI Goals

O'Reilly Media - Ideas

AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

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