Blog - Page 13

2024 is the year of the Olympic Games in Paris. Millions of tourists will gather to watch top athletes competing, and image recognition will be a special guest at the events for the sake of security.  You can experience image recognition even if you are not visiting Paris this year. The technology has many applications in healthcare, retail, and transportation....

Data is the secret ingredient in the business success recipe, and 97% of decision-makers would only cook with it. By looking closely at data, you can find new ways to grow and manage risks. But the more information we have, the harder it gets to keep up with it all. In fact, 70% of business leaders are so overwhelmed by...

Mobile apps are everywhere. With 1.6 million applications in the App Store, people use dozens of them daily. But they do not necessarily want this interaction.  7 out of 10 people do not like downloading a new application for a single transaction. And 80% of younger customers skip a purchase if they need to install an app first. So, how...

You hear about the Internet of Things everywhere these days. From smart homes to connected cars to automated factories, the IoT market is transforming the world and is expected to grow from 1,177.21 billion USD in 2023 to 2,226.58 billion USD in 2028.  The best part is that IoT technology offers modern businesses enhanced automation, improved decision-making, and optimized operational...

AI has become a game changer in many fields, and retail is no exception. In fact, 73% of retailers are already using AI, and 15% more are discussing AI implementation in the next year. Should you join them immediately? Artificial intelligence is a powerful tool, but it is not for every business. Check if your team and company are prepared...

Physical stores today are still a popular choice for many shoppers. Despite the rise of e-commerce, offline retail dominates with an expected 80% market share in 2023. However, consumers have changed and want more, the study shows.   People appreciate the traditional benefits of physical retail, like friendly sales associates and fun in-store events. But they also look for the tech...