“Earlier this year, both the United Overseas Bank (UOB) and the OCBC Bank in Singapore announced their intent to invest in training sessions in AI for their staff. In a recent note entitled “Is AI the next revolution in retail banking?”, UBS strategist Philip Finch revealed that the new technology could lead to a 3.4%…
Month: January 2019
Follow the leaders: Machine learning and AI in the retail sector
“So where should retailers start? The initiative needs to come from the top, Choudhary said. “C-suite executives need to be front and centre when driving AI projects for their organisations. They need to have a vision and plan for enterprise-wide AI strategies before they begin to be implemented,” he said. Evanna Kearins, VP global field…
AI, automation and analytics: 3 critical strategies for CMOs in 2019, and beyond
“Technology now accounts for a whopping 29 percent of the total marketing expense budget, making martech the single largest area of investment when it comes to marketing resources and programs Investments in AR and VR, a small segment of AI, are expected to grow from $11.4 billion in 2017 to $215 billion in 2021, according…
How the Marketing Technology Landscape Will Transform in the New Year – Adweek
“Gartner correctly predicted that by 2017, the CMO would spend more than the CIO on IT. However, the cost of acquiring a new customer is five times greater than that of retaining an existing one, and the probability of selling to an existing customer is 60 percent, while the probability of selling to a new…
2019 AI eCommerce Spotlight Awards
2019 “AI eCommerce Spotlight Award” Today, I’m proud to announce the 2nd annual “AI eCommerce Spotlight Award” winners. These awards are distributed to recognize those companies that have differentiated themselves from the competition over the prior 12 month period within the ai eCommerce industry. This year we’re recognizing 4 companies with GOLD and SILVER awards….