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How AI is Being Applied to Retail: Deep Learning Brings Superpowers to eCommerce with Companies like Wish and RTB House Leading the Charge

In this contributed article, Garth Holsinger, founder of Enterprise Alpha, and Partner at Prota Ventures, discusses how Deep Learning technologies are bringing superpowers to e-commerce and digital advertising platforms, and how Wish, RTB House, and Macy’s are leading the charge.

87 Percent of US Retailers Race to Achieve Faster Data-Driven Insights to Support Online Sales

Exasol, the high-performance analytics database, published new research that reveals since the pandemic started, 87% of retail organizations in the U.S. have been under pressure to make data-driven decisions faster. The finding comes from an in-depth research report, “Retail: Decision making during times of uncertainty,” that quantifies how retail organizations in the U.S. are heightening data-driven decision-making cycles to meet real-time demand and prepare for surging online sales brought on by the COVID-19 pandemic.

How Can Brands Can Leverage Text Analytics for Better Consumer Insights

In this contributed article, Patrícia Osorio, Co-Founder & CMO, Birdie, discusses what is Text Analytics and why you should care about it, and choosing the right text analytics tool and how to get the best out of it.

How the Retail Sector Is Reaping the Rewards of Data Analytics

In this contributed article, freelance human Avery Phillips discusses some of the most powerful ways that the use of analytics has transformed the markets from supply chain and marketing to customer service and beyond.

Infographic: AI and the Future of Consumer Goods

AI for consumer goods starts in the supply chain. Since 2016, the use of AI in retail grew by 600%; and by 2021, customer service interactions handled by AI will grow by 400%. Are you ready for the impact of AI on your business? By 2023 we estimate that 95% of supply vendors in the consumer goods space will be leveraging AI learning – will you be one of them? The infographic below from our friends over at Noodle.ai outlines the emergence of AI in retail.

AI for Sales: Friend, Not Foe

In this contributed article, Haggai Levi, co-founder and CEO of SetSail, believes that for sales teams navigating in today’s era of ongoing technological disruption and digital transformation, to be truly successful requires a combination of machine and human intelligence.

New AI Capabilities Empower More Intelligent Real Estate Location and Development Decisions

As today’s digital disruption has led to shifting consumer shopping behaviors and more flexible workplaces, retail brands and enterprises need to nimbly and strategically respond to these changes to survive and thrive. New AI platforms are now playing vital roles in enabling retailers, restaurants and corporate enterprises to make smarter, more informed data-driven decisions around their real estate and facilities strategies, while also keeping capital and operating expenditures low.

How Predictive Analytics Is Being Used in Inventory Management

In this contributed article, technology writer and blogger Kayla Matthews suggests that when companies depend on predictive analytics platforms for inventory management, they can avoid pitfalls and succeed in demanding marketplaces. The lack of effective inventory management practices can lead to upset customers, plunging profits and productivity losses. Fortunately, technology offers assistance in ways that weren’t possible in earlier eras.

insideBIGDATA Special Report: Reinventing the Retail Industry through Machine and Deep Learning (Part 4)

The insideBIGDATA Special Report: Reinventing the Retail Industry through Machine and Deep Learning white paper explores how AI, machine learning and deep learning are transforming the retail industry in many positive directions. As artificial neural networks become more and more efficient, and as graphics processing units (GPUs) get more and more powerful, so does their influence on retail.

insideBIGDATA Special Report: Reinventing the Retail Industry through Machine and Deep Learning (Part 3)

The insideBIGDATA Special Report: Reinventing the Retail Industry through Machine and Deep Learning white paper explores how AI, machine learning and deep learning are transforming the retail industry in many positive directions. As artificial neural networks become more and more efficient, and as graphics processing units (GPUs) get more and more powerful, so does their influence on retail.