Image Credit: RIS News “For perspective, it’s worth noting that eMarketer expects Walmart to account for 4.6% of ecommerce sales this year, up from around 4% in 2018. The company expects to come off its 40% growth in 2018 with 35% growth in 2019. This doesn’t compare with Amazon’s strong double digit growth rate especially…
Tag: AI
Vue.ai raises $17 million for AI-driven retail products
“In an internal study, the company claims that online shoppers spent upwards of 72 minutes on websites where its software was deployed, compared with 25 minutes on sites without it VueTag, an AI-powered object recognition service that tags and categorizes up to 30,000 product images per hour across over 250 attributes including color, pattern, length,…
Banking functions though AI: The next user interface.
“Adam Cheyer, Co-Founder & VP Engineering, Viv & Siri, speaks at The Temenos Community Forum 2019 in The Hague about how banks are embedding AI solutions into their organisations, the business functions behind this, how AI technology has changed the way banks interact with their customers and how can commercialise through AI.” https://www.finextra.com/videoarticle/2057/banking-functions-though-ai-the-next-user-interface
Intellimize raises $8 million to optimize websites with AI
“’Last year, marketers spent $100 billion in paid media to drive traffic to websites, yet 98% of those visitors left without becoming customers,’ Yalif said. Yalif, who was previously head of global product and vertical marketing at Twitter and who held leadership roles at Microsoft, Boston Consulting Group, Yahoo, Intellimize’s product taps AI to generate…
NelsonHall NEAT Report for RPA and AI in Banking 2019
Visit Nelson Hall for access to the report https://research.nelson-hall.com/sourcing-expertise/banking-operations-and-transformation/banking-automation/?&avpage-views=neat “NIIT Technologies Limited, a leading global IT solutions organization, today announced that NelsonHall has positioned it as a ‘Leader’ in the Overall market segment for RPA and AI in Banking in its latest NelsonHall NEAT report 2019. Gautam Samanta, Global Head-BFS, NIIT Technologies said, ‘We are delighted to…