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AI & Machine Learning - Page 7

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.

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31 August 2023

Why Does Your Retail Business Need AI Optimization? Insights from a Real Business

Artificial 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-based optimization in forecasting, pricing, inventory management, supply chain, and customer relations. If you ask yourself whether you should implement AI in your retail...

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18 July 2023

AI Personalization on the Rise: How to Set Up a Recommendation Engine

How well do you know your customers? The answer to this question has become increasingly important since the 1990s. The first steps toward personalization were made when CRM systems appeared and marketers accessed basic customer data (names, location, age, gender, etc.). Now, in 2023, businesses can analyze the client’s behavior and make the most personal offerings ever using AI-powered personalization....

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