Machine Learning takes part in the accelerated development of technologies. Here you can discover the advantages of AI and ML across many areas of the business.
E-commerce is on the rise. Every 1 of 5 retail dollars is spent online now, and this share is steadily growing. Why? Online shopping is easy, fast, and convenient – we all know that. However, it is not all roses. Shoppers cannot feel, touch, or try on a product online, so, the possibilities for building customer connections are rather limited....
Read moreThe economy is stormy, and shoppers feel the consequences firsthand. To stay competitive, retail businesses must focus on efficiency. Artificial intelligence can be that silver bullet to help the industry succeed. Solid 48% of retailers believe AI technologies will shape the domain in the next three to five years. AI implementation is quickly becoming a hot trend, and if you...
Read moreArtificial intelligence is transforming many industries, and retail is no exception. Today, 40% of retailers employ AI-powered solutions, and by 2025, this figure will leap to 80%. It is highly likely your competitors already benefit from AI technologies in forecasting, pricing, inventory management, supply chain, and customer relations. If you ask yourself whether you should implement AI in your retail...
Read moreHave you noticed how much AI has crept into the mobile apps we use every day? From route optimization to personalized recommendations, artificial intelligence is transforming our mobile experience. Keep your eyes on the latest trends of AI in mobile app development, and you will be amazed at how much more intelligent your phone becomes! The Evolution of AI in...
Read moreThe one-fits-all approach to consumers is dead. 86% of your clients expect you to know them well enough to offer personal recommendations. The rise of AI gave a new impulse for personalization: today, 9 in 10 companies use AI-driven tools to develop custom client experiences. However, there is a tension between personalization and data privacy. While customers are happy to...
Read moreChatGPT creates a buzz! The solution gained 100 million users two months after its launch, bringing public attention to the generative AI niche. Business is enthusiastic about the benefits of various ChatGPT use cases too. 97% of business owners believe the technology can improve at least one aspect of their business, and 90% expect benefits from ChatGPT utilization this year....
Read more