Image Source: Pixabay/Afra32 • “85% of the customer interactions will be managed without any human interaction. (Gartner) • AI technology can help businesses increase the labor productivity by almost 40%. (Accenture) • 83% of businesses who adopted AI technology before everyone else have driven either substantial (30%) or moderate (53%) economic benefits from AI projects….
Month: February 2019
All eyes on AI!
“The customer impact: AI is zooming in on the shopper experience Computer vision and image recognition are changing the world of retail. At MWC, we will see examples of how cameras can determine what ‘fashion types’ frequent a store, based on peoples’ clothing, gender, age and haircut. The data that is being collected and analyzed…
Levi’s generates more than $220 million in direct ecommerce sales
“Levi’s generated 4% of its revenue through its online stores in 2018 Direct ecommerce revenue grew 18% year over year in 2018, down from 22% in 2017. The brand operates 43 websites in total and drew 180 million visits in 2018. A past example is the “Ask Indigo” bot that used AI to help shoppers…
Gartner: debunking five artificial intelligence misconceptions
“Gartner says it’s time for business and IT leaders developing AI projects to separate reality from myths to devise their future strategies Myth #1: AI works in the same way the human brain does Myth #2: intelligent machines learn on their own Myth #3: AI can be free of bias Myth #4: AI will only…
The State of Machine Intelligence 3.0
Looking Forward “We see all this activity only continuing to accelerate. The world will give us more open sourced and commercially available machine intelligence building blocks; there will be more data; there will be more people interested in learning these methods; and there will always be problems worth solving. We still need ways of explaining…