“Beyond the academic novelty of an AI taking drive-thru orders, the test has borne some interesting results. Carpenter said the restaurant has seen 6 percent average increase in spending in the drive-thru in the past year of testing. Holly, it turns out, is pretty good at upselling the right item. ” http://www.franchisetimes.com/news/July-2019/Holly-the-Drive-Thru-AI-at-Work-in-Good-Times/
Month: July 2019
The power of context in our digital world and how AI can interpret it
“In times gone by, you would get to know your village shopkeeper and they would get to know you. You’d have a friendly exchange and buy the things you need for your family. Once in a while they would say something like “I’ve got in some more of that hot chocolate you like, if you’ve…
European Challenger Banks Launch U.S. Invasion – Is America Ready?
“Since the 2015 European product launch, N26 has generated 3.5 million customers in 24 European markets. Currently, the N26 app is generating over 10,000 new users daily based primarily on word of mouth. Referring to itself as the “bank of the future,” Monzo has also begun marketing efforts in the U.S., hoping to disrupt the…
The Fashion Industry Is Getting More Intelligent With AI
“The fashion industry is one of the biggest in the world, estimated at about 3 trillion dollars as of 2018, representing 2 percent of global GDP.” https://www.google.com/amp/s/www.forbes.com/sites/cognitiveworld/2019/07/16/the-fashion-industry-is-getting-more-intelligent-with-ai/amp/
What is a Platform?
What is a Platform? “Plug-and-play business model that allows multiple providers and consumers to connect, interact, and create and exchange value. Three things a company must do to be a platform: Be a magnet Act as a matchmaker Provide a toolkit” https://www.google.com/amp/s/www.forbes.com/sites/ronshevlin/2019/07/15/digital-platforms-are-eating-banking/amp/