artificial intelligence
Big Grid
Companies need to begin digital transformation now to survive in the new world
Amid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would...
Big Grid
Fashion retailers use anti-viral technology for fabric to prevent COVID
Innovation – both interactive and engaging – has changed the dynamics of retail. In times that are tough, in order to reshape the concept of traditional retail, product innovations are gaining attention, aiding experiential retail and consumer engagement. These...
Retail
4 ways Artificial Intelligence is reshaping demand forecasting in retail
Artificial intelligence (AI) is the technology of today, the story of 2010 and the excitement of tomorrow. The past decade will be reminisced as an era where machines began their journey on the path of intelligence - proficient in...
Latest News
67 pc say AI use can increase sales by online retailers: Survey
IANS -
When it comes to technologies like automation and Artificial Intelligence (AI), 67 per cent people say the prospect of AI being used to increase sales and profits by online retailers, if that use resulted in a better customer experience,...
Retail
The rise and growth of the Indian retail industry
Over the years, retailing in India has been one of the most dynamic and fast paced industries, which has travelled through different phases. Origins of retailing in India can be traced back to the emergence of kirana and mom...
International News
Hard Rock International Retail Shops improve forecasting with predictive analytics, AI
Hard Rock International operates retail shops, restaurants, cafes, hotels, and casinos in 74 countries featuring the world's largest music & rock-and-roll memorabilia collection. The company was seeking to grow and optimise retail operations in their Rock Shop stores. It...
Retail
Social Media rapidly emerges as a critical business and marketing channel to target Gen Z buyers
Generation Z currently makes up 24 percent of the global population and is set to have significant spending power. This 'digitally native' population cohort, born between 1993 and 2007, will be an important customer base in the future.The US...
Retail
The impatient consumer, IoT and the food of everything
There is more to foods than meets the eye. There is technology. There is the consumer who is forever morphing. And there is the future. Let’s peep into it.Is India the Most Exciting Food Market in the World Really?Must...
Retail
Interim Budget 2019-20: National Artificial Intelligence Portal announced
IANS -
In a bid to strengthen the Artificial Intelligence (AI) sector in India, Finance Minister Piyush Goyal on Friday announced that the government will soon launch a National Artificial Intelligence Portal.Presenting the Interim Budget 2019-20 in the Lok Sabha, Goyal...
Latest News
AI offers $340bn opportunity to retail sector: Global Study
IANS -
The use of Artificial Intelligence (AI) offers about $340 billion cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services...
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Latest News
Understanding India’s Retail Terrain: Offline Landscape and Consumer Trends
A glimpse of India's offline retail landscape, how consumers shop offline, and the role data plays in connecting the...
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