“India’s rural population had smartphone access in 2015, but that figure has reached 25 percent today. Estimates place the nation’s overall number of mobile device users at 829 million by 2022 — approximately 60 percent of the population.”
Month: July 2019
Building an AI-Powered Financial Institution
“By 2030, front-office and middle-office AI applications have the potential to cut operating costs in the financial services industry by 22% — which represents $1 trillion in total savings”
L’Oréal Is Bringing Beauty Online With the Help of Augmented Reality and AI
“According to Rochet, ecommerce makes up $3 billion of L’Oréal’s annual sales, and 50% of its annual growth. Eighty percent of the brand’s content is done with digital in mind.”
What it takes to succeed over the holidays
- “Online shoppers in the United States spent $122.0 billion online in the 2018 holiday season, according to Internet Retailer research data, a 17.4% increase from the 2017 period.
- planned to increase their investments compared with the last holiday season, 77% said social media marketing, 62% said retargeting and behavioral remarketing, 61% said email, 61% said search engine optimization, and 58% said paid search.
- large retailers (those that generate at least $1 billion in total annual revenue) generated a 68% sales increase compared with a typical Monday and Tuesday this year. And smaller retailers, those with annual online sales below $5 million per year, grew their online sales 28% over the two days compared with a typical Monday and Tuesday period, according to Adobe Digital Insights.”
Why storage needs AI
“90% of data centre issues and outages happen outside of the storage system, a system that offers intelligence that looks beyond the storage is key, and solutions that can view cross-stack into the VM layer, network layer or compute layer to see what is happening globally will lead the way.
So, we are talking about providing solutions that offer cross-stack analytics, as opposed to just providing AI for storage platforms – the ability to look beyond the storage is a game changer.”