Effective for Global Trends
AI-Retailing.com is for sale!
– Artificial intelligence Retailing –
Artificial Intelligence can serve as a boon for retail companies that gather and possess customer data. AI can derive meaningful conclusions from massive amount of data and help companies to create personalized shopping experiences via highly-structured web shops, intelligent in-store bots and online chatbots.
According to Global Market Insights, investments in AI by retail segment will exceed USD 8 billion by 2024. As more applications for machine learning, predictive analytics and deep learning technologies are experimented with success, digital disruption in retail segment is bound to happen at a much rapid pace.
Globally, AI experts believe that the technology offers a wide range of applications for the retail segment. In the coming year, retail will see greater infusion of AI-based solutions in day-to-day operations. AI will definitely change the customer service cycle in retail and both retailers as well as the consumers are bound to benefit from the AI-Retail syndicate.