“The preference for online shopping has increased to the extent that eCommerce sales are estimated to hit $4.5 trillion in 2021.” https://www.google.com/amp/s/www.bbntimes.com/en/technology/applications-of-artificial-intelligence-in-e-commerce/amp
Tag: Brandon McGee
How the ‘big 5’ bolstered their AI through acquisitions in 2019
Image Credit: Laserlike “All the big tech companies, including Google and Apple, have for some time been vacuuming up AI talent through acquisitions — a recent CB Insights report noted 635 AI acquisitions since 2010, topped by Apple with 20 acquisitions. Facebook GrokStyle (U.S.) Ctrl-labs (U.S.) Servicefriend (Israel) Amazon TSO Logic (Canada) Eero (U.S.) Canvas…
AI and Dark Stores among key e-commerce trends to watch out for in 2020
“Deeper AI Integrations: From automated chatbots to image recognition and personalization, Artificial Intelligence is expected to play a larger role in mcommerce. AI and ML will see a greater play in Ecommerce Here are top expected applications of AI in Ecommerce: • Personalized User Journeys • Predictive Product Recommendations • In-store Insights & Customer Engagement…
Driving the Omnichannel Strategy with AI
“A google report further proves this is the right approach after the study found that 85 percent of shoppers start their shopping journey on one device, like a laptop for example, and end it on another, say a smartphone, or even a physical store. Artificial Intelligence (AI) is another crucial component that is driving its…
The Hong Kong Monetary Authority Publishes Report on Artificial Intelligence and Banking
“The Hong Kong Monetary Authority (HKMA) has published a report entitled “Reshaping Banking with Artificial Intelligence.” The Report is part of a series of publications on applying AI technology, including Robo-advisors, to the banking industry. 70 of the world’s largest 100 banks operated in Hong Kong. In general, banking provides 18% (HK$ 270.4 billion) of…