Why Retailers aren’t Ready to Adopt Innovative Commerce Technologies

“1.Budget limitation: 64% of retailers do not have the budget to support these technologies. Even if they have the budget for it, AI and related technologies are low on their priority list. 

2. Lack of internal resources: 55% of retailers lack internal resources to implement AI in their business framework.

3. Lack of executive buy-in: 42% of executive committees don’t see the immediate value in investing in these technologies.”


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