“Moreover, during the first quarter of 2020, Walmart’s eCommerce business in the US grew 74%. This was up to 97% in the second quarter, largely attributed to more customers shopping online during the pandemic.” https://www.google.com/amp/s/seekingalpha.com/amp/article/4373606-walmart-moving-towards-profitability-in-ecommerce
Month: September 2020
Powering ecommerce sales for festive season and beyond
* “As online shopping continues to grow at breakneck speed, ecommerce players are riding the wave and increasing their spend on AR, VR and AI to entice and engage customers in anticipation of the festive season. * In its latest Adobe Digital Economy Index report for May 2020, Adobe Analytics found that ecommerce sales during…
The AI Advantage: Propelling Digital Transformation Through Artificial Intelligence
Banking is on the cusp of an explainable AI revolution
“The latest survey on AI from Microsoft and EY found that an unsurprising “65% of organisations in Europe expect AI to have a high or a very high impact on the core business.” Forrester found that “45% of AI decision makers say trusting the AI system is either challenging or very challenging.” It is evident…
Report: State of Artificial Intelligence in India – 2020
“The Indian Artificial Intelligence market is valued at $6.4 Bn as of July – August 2020. The market size by Industries or Sectors is the highest across the IT Services sector, followed by the Technology sector (including Software and Hardware firms), with a market share of 41.1% and 23.3% respectively. Apart from the IT and…