“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: retail
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…
Will AI Be The Future Of Retail? – Veronika Sonsev
Will AI Be The Future Of Retail? “Friend envisions a bigger opportunity for AI in retail as an enhancement to customer service associates in-store. “Imagine you’re walking into a Home Depot,” Friend says, “what if you could simply use your voice to ask the Home Depot app where the product you want is located and…
Here’s What’s Next for Retail – Ray Blanco
Here’s What’s Next for Retail Last week the retail conference Shoptalk, a veritable “who’s who” list of retail execs and industry experts, was held in Copenhagen, Sweden. The hands-down dominating consensus coming out of the conference was that artificial intelligence will play an integral role in traditional retail’s future success. “The clear takeaway is adapt…
AI Vendor Research: Likelihood
Vendor: Likelihood Website: http://www.likelihood.com Headquarters: San Francisco Key Product: Intelligent Creative “Step 1) Design Creative – Our web-based designer lets you add graphic elements from scratch, lay them out on a custom canvas, and then style them by hand or with help from our artificial intelligence tools.” “Step 2) Make it Dynamic – Likelihood’s AI-powered…