I love this type of post…it’s a data goldmine. Ecommerce in the US has grown rapidly. In 2017 Americans spent a total of $435 billion shopping online, according to the Ecommerce Foundation. With an annual growth rate of over 15%. Even though Amazon is clearly the leading online retailer in the US with a market…
Tag: Gartner
Holiday season is good time to put AI to work for e-commerce (Andy Betts)
“Gartner expects that by 2021, early adopter brands that redesign their websites to support visual and voice search will growtheir digital commerce revenue by 30 percent. Shopping cart abandonment is an industry-wide scourge. It’s estimated that upwards of 70 percent of online shopping carts are abandoned before customers complete their purchases. there’s a correlation between the lack of…
Through 2020, 80% of AI projects will remain alchemy, run by wizards
“Let’s examine the 2019 strategic predictions. I’ll look at the 2019 technology trends next time. Good, Silly and Weird Predictions On October 16, Gartner published its “top strategic predictions for 2019 and beyond.” It leads with the prediction that “AI skills don’t scale.” I love the way they describe the challenge: “through 2020, 80% of AI projects will remain alchemy, run by wizards whose…
Gartner: 5 Technology Shifts including Mobile & AI
This is a really interesting paper from Gartner on 5 technology shifts that they anticipate by 2020. Here are a couple of my favorite points. Mobile – 20% of brands will abandon their mobile apps by 2019 Artificial Intelligence (AI) – Virtual agents will participate in a majority of commercial interactions by 2020 This link…