“Indian consumers have started embracing e-commerce with great zeal. According to Forrester, India is the fastest-growing online retail market in the world that will reach $64 billion by 2021, growing at a CAGR of 31.2%. The global payments leader, Worldpay, estimates that India will outshine the US to become the second largest e-commerce market globally…
Tag: bmcgee
AI-related investments will grow by about 300 percent
“According to Martechtoday, Ocado reportedly planned to spend £175 million ($232 million) for its robotics and automation system this year, Amazon committed $5 billion in its tech investments in India alone, and Alibaba is looking into pouring $15 billion into research and development spending over the next three years. Forrester Research (PDF) predicts that AI-related…
Nosto 22% YOY increase in GMV
The company’s innovative retail personalization solutions have fueled a three-year growth rate of 260 percent in North America driven by deep relationships with 2,500 of the world’s fastest growing brands. Nosto has also driven a gross merchandise volume (GMV) of more than $10 billion through its customer stores, and is averaging a 22 percent increase…
43 ways AI will impact eCommerce
The impact of artificial intelligence on eCommerce will far exceed the current impact being driven by mobile. Need proof? Here are 43 ways AI will impact eCommerce. eCommerce is booming and the trend is projected to continue into the foreseeable future. In fact, eMarketer estimates that, “worldwide retail ecommerce sales will reach $1.915 Trillion, and…
2018 "Spotlight Award" Winners
Today we would like to formally announce the list of vendors that we’re recognizing with a “Spotlight Award” in 2018. Each of these vendors has stood out among their peers during our research over the previous year. We’ll be closely monitoring and reporting on their performance and growth in the coming year. Congratulations!! Company URL…