“The world’s largest retailer is using Jetblack, a money-losing personal-shopping service, to develop artificial intelligence to compete with e-commerce giant Amazon”
Tag: AI
These Entrepreneurs Are Navigating the ‘Wild West’ of AI With Real-World Results
“Among the thought leaders sharing their intelligence were:
- Michelle Boockoff-Bajdek, CMO of IBM Watson,
- Ricky Ray Butler, CEO of BEN (Branded Entertainment Network)
- Phil Schraeder, president and COO of ad exchange GumGum.
The Amazing Ways Carnival Cruises Is Using IoT and AI To Create Smart Cities At Sea
- “Using Internet of Things (IoT) technology, connected devices and artificial intelligence (AI), the company is on a quest to turn cruise ships into “smart cities at sea.”
- The Ocean Medallion—“the most extensive experiential Internet of Things that’s ever been done,” according to Padgett—relies on 7,000 sensors placed throughout the multiple-decked ship. There are hundreds of miles of cables on the ship that support the technology. Every stateroom door and staff mobile device is also a sensor to enable the Internet of Things experience. Each passenger’s name is carved into a Medallion that’s connected to them, tracks their movements throughout the ship and works in conjunction with Ocean Compass, the app and service that displays personalized recommendations for every passenger on 4,000 digital interaction points from 55-inch high-res screens distributed throughout every area of the ship.”
Google Cloud AI for March Madness
I was up at 2:00 am this morning, Spring Break…no idea why, and since I was awake decided to work on my March Madness basketball bracket.
While researching free-throw percentages, defensive efficiency and strength of schedule I was excited to find a new tool marketed by Google Cloud.
At first glance it’s an interesting way to create/customize an algorithm for SMEs (subject matter experts) without requiring assistance from engineers or data scientists.
There must have been an issue with the tool because I kept receiving this “Technical Foul” message.
However, I wanted to share because it’s a very interesting use-case for how an engineer and data scientist can create a tool for thousands of people to create their own algorithm without ever writing a single line of code.
Here’s a post on the topic from Alison Wagonfeld – Chief Marketing Officer, Google Cloud.
“In connection with this year’s March Madness tournament, we’re extending our NCAA campaign to developers everywhere with training that enables anyone with an interest in basketball and data analytics to dive in. More and more developers want to use Google Cloud, and we are ready to meet that demand. (In fact, a recent study by Indeed found that Google Cloud skills are the fastest cloud skills growing in demand.)
We’ve published a new series of Qwiklabs training to teach you how to use BigQuery to analyze NCAA basketball data with SQL and build a machine learning model to make your own predictions. At Google Cloud Next on April 9-11 (right after the Final Four), we’ll be hosting two bootcamps (Sunday and Monday) that use NCAA data to show you how to build a data science environment covering ingest, exploration, training, evaluation, deployment, and prediction. We’re co-hosting a predictive modeling competition with Kaggle that lets data scientists show their chops (and compete to win $10,000!). And we’ve published a technical blog post and a whitepaper to give you a deeper look under the hood.”
First Data Launches AI-Powered Digital Commerce Solution
Photo: Shutterstock
“Nandan Sheth, Head of Global Digital Commerce at First Data stated, “Nearly $15 billion in ecommerce revenue is missed annually, because merchants haven’t had a reliable authorization optimization strategy,” “With our new Authorization Optimization solution, we’re providing our enterprise clients with powerful back-end support, fueled by industry-leading data intelligence,” he added.”
Why Every Company Needs An Artificial Intelligence (AI) Strategy For 2019
“Even Barbie has had a smart makeover. The Hello Barbie toy uses natural language processing and machine learning (both subsets of AI) to listen and respond to a child. Inside Barbie’s necklace is a microphone that records what the child says and transmits it to a server for analysis. Then, choosing from 8,000 dialogue options, the system chooses the most appropriate response for Barbie to say. All this happens in under a second.”
SAP retail chief: Why more retailers need to harness data differently
- “Yet with SAP’s 2018 Digital Transformation Executive Study finding just 3 per cent of retailers have completed digital transformation projects, most of which focused on efficiency and cost cutting, there’s clearly still a long way to go before brands successfully harness digital for more disruptive innovation in the retail experience.
- Again, however, only a small percentage of data is being used by retailers in decision making. While these organisations tend to collect as much data as they can, squirrelling away for future use, they’re still not able to ascertain its significance, Schneider agreed.
- An example is Adidas in Russia, which used existing cameras plus RFID readers and RFID tags on garments and products to improve real-time inventory accuracy in its physical store from 60 per cent to 99 per cent. Adidas is now looking to rollout the approach globally.”
Adobe’s Tatiana Mejia: “Create your own chance at bat.”
“Adobe Sensei, our AI and ML technology, is purpose-built for digital experiences and focuses on three intelligence domains: creative, content and experience. Today, it is powering dozens of features across all of Adobe’s products, but I am most excited about what is coming next. For example, we are working to infuse AI into new mediums like augmented reality (AR).”
Iconic retailer achieves 95% coverage while reducing testing time by half with AI and ML powered test automation from eureQa
“We are able to increase our test coverage to 95% of the browsers and devices our customers use, while simultaneously speeding up our testing 2X with eureQa”, said Russell Glitman, eCommerce Manager at The Vermont Country Store. He added, “eureQa helped us reduce the number of customer support staff involved in testing by half, so that they could spend more time helping our customers.”
Cannabis Goes Next-Gen: Moving From Retail to E-Commerce
“NexTech AR Solutions ( OTCQB: NEXCF ) ( CSE: NTAR ) is a company focused on bringing next generation, web enabled augmented reality (AR) platforms with Artificial Intelligence (AI) and analytics to the e-commerce, education, training, healthcare, video conferencing and cannabis sector. Having already worked with Cannvas Medtech and Premier Health in the cannabis sector, NexTech recently announced that it has signed an LOI to acquire an e-commerce business that generated USD $1.9 million in revenue and $560,000 in EBITDA in 2018, for the purchase price of $1,850,000 in cash.”
https://www.apnews.com/Globe%20Newswire/baf79107591685ed72f1eb89b80267a6
