“Home decor and furnishings retailer achieves 8% revenue boost through website content customization for different visitors in real-time Industry West is using Nosto’s ecommerce personalization platform to display personalized product recommendations and to automatically customize onsite content to match the needs of individual visitors” https://www.globenewswire.com/news-release/2019/11/19/1949371/0/en/Industry-West-lifts-average-order-values-by-15-with-AI-powered-ecommerce-personalization-from-Nosto.html
Month: November 2019
India’s financial services firm Paytm raises $1B
“According to Credit Suisse, the digital payments market in India will be worth $1 trillion in the next four years, up from about $200 billion currently. According to industry estimates, more than 100 million people in India today use mobile payments services. Amazon, Google, and Samsung entered the payments market in India, leveraging an open…
Bots Will Cost Ecommerce Sites $10 Billion in 2019
“Ecommerce sites around the globe will lose roughly $10 billion to cyberattacks this year, including bot and scraping fraud, Out of the $585 billion that online retailers in the U.S. will rake in this year, $1.76 billion will be lost to similar forms of fraud, According to a 2018 study from cybersecurity company Link11, ecommerce…
Google tackles the black box problem with Explainable AI
“But at an event in London this week, Google’s cloud computing division pitched a new facility that it hopes will give it the edge on Microsoft and Amazon, which dominate the sector. Its name: Explainable AI . ‘There’s a bit of an arms race around AI… and in some ways Google could be seen to…
The Top 10 Technology Trends In Retail: How Tech Will Transform Shopping In 2020
“Here are 10 of the top tech trends that will transform shopping. Extended Reality Predictive Analytics (Big Data) Micro Moments Recommendation Engines Order Fulfilment Automation Face Recognition Stock Management Robotic Store Assistants Customer Chat Bots Internet of Things (IoT) and Smart Equipment” https://www.google.com/amp/s/www.forbes.com/sites/bernardmarr/2019/11/25/the-top-10-technology-trends-in-retail-how-tech-will-transform-shopping-in-2020/amp/