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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.

Amazon Go – Deep Learning Conquers Retail

“At the Amazon Go store, the checkout process is completely automated. Every time you take a product from a shelf, one of hundreds of small cameras located in the ceiling recognizes the item and places it in your virtual shopping cart. If you change your mind, no problem, you’re still being watched and the system will remove it from your cart once you put it back on the shelf. The deep learning technology is able to recognize every item in the store without any special tags like RFID chips.”

Reinventing the Retail Industry Through Machine and Deep Learning

Today, deep learning techniques are poised to disrupt the retail industry. As artificial neural networks become more and more efficient, and as graphics processing units get more and more powerful, so does their influence on retail. Download the new insideBIGDATA special report, courtesy of Dell and NIVIDA, to learn more about how machine and deep learning is revolutionizing the retail industry. 

Study on AI and the Future of Sales

Whether it’s redefining the world of marketing, finance or customer support, it is no secret that artificial intelligence (AI) is changing the way we work. Sales, as both a function and a profession, is no exception to the sea change. Our friends over at Cien produced a global study: The Future of Sales that reveals how attitudes, perception and behavior of high tech sales professionals is not what is often touted in the media.

Anodot AI Analytics for Retail to Gain Online Retailers Millions in Otherwise Lost Revenue

Anodot, the AI-powered analytics company, announced the launch of “AI Analytics for Retail” just in time for the upcoming holiday shopping season. With Black Friday and Cyber Monday accounting for 6-10x revenue compared to a regular shopping day, Anodot’s system for retail will help companies increase profits this holiday season.