“HDFC Bank uses an intelligent AI-enabled bot for improving the efficiency of the credit decision process. RBL bank is using an AI backed model to identify the optimal loading of ATMs…the bank is being able to load 20-30% less money in the ATMs. E-commerce player, Pepperfry, is using AI to aid in product discovery for…
Tag: AI eCommerce
H&M Tops Ranking Of Most-Visited eCommerce Fashion Sites
“SEMrush found that H&M was the most frequented site around the globe. Direct traffic accounts for almost half – or 44.86 percent – of search traffic around the world, followed by search (33.83 percent), referral (approximately 15.03 percent), paid (4.28 percent) and social (2.01 percent.) Using visual search, customers can upload a photo and the…
Scaleworks acquires AI ecommerce search provider SearchSpring
“Scaleworks says it has acquired SearchSpring, a privately funded Colorado-based ecommerce company that provides AI-powered search and navigation products to direct-to-consumer brands” https://www.google.com/amp/s/venturebeat.com/2019/05/23/scaleworks-acquires-ai-ecommerce-search-provider-searchspring/amp/
Lowe’s buys Boomerang Commerce’s pricing technology
“Lowe’s Cos. Inc. is following the distant footsteps of chief competitor Home Depot Inc. with the purchase of retail analytics technology from vendor Boomerang Commerce. Home Depot bought data-driven retail pricing startup BlackLocus in 2012 to bolster its pricing strategy, he says. Lowe’s CEO Marvin Ellison said late last year that the company plans to…
Price Edge – AI based price optimization software
Rickard Glamsjö – CEO http://linkedin.com/in/rickard-glamsjö-4576013 Price Edge – https://priceedge.eu Using AI to automatically drive sales and profit online is something that many businesses dream of. Price Edge has now turned that dream into an all-in-one reality. Stockholm, Sweden, May 20, 2019 –(PR.com)– Price Edge, a Price Optimization & Management (PO&M) software provider, announced today the…