Technology News & Search Engine

Home: Technology News: Artificial Intelligence (AI) in Retail market Drivers and Restraints in 2021 (IT-NEWSWIRE.COM, August 11, 2021 ) The introduction of Artificial Intelligence (AI) into the retail market environment has resulted in the development of advanced data and predictive analytics systems that assist businesses in making data-driven business decisions. Most retail behemoths have recognized the ability of emerging technology such as the Internet of Things (IoT) and Artificial Intelligence (AI) to transform their retail operations and consumer experiences. Since these innovations are costly, small players in this sector have yet to implement them. However, major online and offline retailers such as Lowes, Walgreens, Sephora, Taco Bell, Walmart, Amazon, Zola, and others have begun to invest heavily in these innovations. The retail sector is more fragmented and competitive than it has ever been. For years, the retail industry has been undergoing digital transformation, allowing it to progress with AI in the retail market. Implementing AI in Retail has improved the pace, performance, and accuracy of every branch of the retail sector. Highly structured e shops, intelligent in-store bots, and online chatbots can all help businesses build digital shopping experiences. View more @ https://whipsmartmi.com/report/ai-in-retail-market Digital RPA in the transportation and logistics industry helps vendors to automate data collection, integration, and distribution through the supply chain, reducing costly manual functions. Some of the factors driving the market's growth include the use of AI-enabled RPA to automate the distribution scheduling process. The e-commerce sector's rapid growth, as well as functional capabilities such as virtual assistance and concierges, social media research, foreign language translation, and improved search performance, are all leading to technology adoption. The key players include Amazon Web Services, Baidu Inc., BloomReach Inc., CognitiveScale Inc., Google Inc., IBM Corporation, Inbenta Technologies, Intel Corporation, Interactions LLC, Lexalytics Inc., Microsoft Corporation, NEXT IT Corp., Nvidia Corporation, Oracle Corporation, RetailNext Inc., Salesforce.com Inc., SAPSE, Sentient Technologies, and Visenze. Request for sample copy @ https://whipsmartmi.com/sample/ic0725/AI-in-Retail-Market The AI in Retail market report has been categorized as below By Offering • Software • Service By Component • Solution o Chatbots o Customer Behavior Tracking o CRM o Inventory Management o Price Optimization o Recommendation Engines o Supply Chain Management o Visual Search & Visual Listen o Others • Service o Professional Service o Managed Service By Technology • Machine Learning • Context-Aware Computing • Natural Language Processing • Computer Vision By Application • Automated Merchandising • Programmatic Advertising • Market Forecasting • In Store Navigation • Data Science By Deployment • Cloud • On-Premise By Region • North America • Europe • Asia Pacific • Rest of Europe About whipsmartmi: We are a growth partnership company that provides fact-based consulting services focused on helping our clients achieve incremental and transformational growth competing in business-to- business and business-to- consumer markets. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry. We serve a wide spectrum of global industries such as Semiconductor and Electronics, Information Technology, Communication, Medical Devices, Pharmaceuticals, Defense, Aviation, and Chemicals among others. Our well-seasoned blend of technical and marketing expertise enables us to serve our customers with comprehensive study of global supply chains that helps them to devise highly effective strategies. Whipsmart Market Intelligence blog Whipsmart Market Intelligence Press Releases Whipsmart Neeraj 5102005090 neeraj@whipsmartmi.com Source: EmailWire.Com Source: EmailWire.com

Sponsored Links EmailWire Business Directory EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks Submit website to Business Directory

Technology News Headlines Computer Security Digital Music Digital Video/TV Enterprise Linux/Open Source Microsoft Mobil Phones Internet Personal Technology Portals & Search Engines RSS and Blogging Software Technology News

GroupWeb Market Place Website Builder - Blog Builder Build your website in 5 minutes. One month free. No setup fee! Blog Included. WebSiteBuilder.GroupWeb.Com Your text Ads here! Ads are only $50 per month.Please contac us and state ou want to place advertisement on GroupWeb.com. Emailwire.com/contact.php