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One of the fastest-growing technologies in artificial intelligence is computer vision. The market size for computer vision alone was estimated at $7.04bn in 2020 — and it’s forecast to reach $18.13bn by 2028, a 14.07% increase. What’s more, there’s little doubt that technologies like computer vision are playing a crucial role in changing the face […]
Accurate forecasts are the bedrock of most successful businesses. Forecasts give you a clearer picture of the future, and these pictures allow you to create an effective plan. In retail, for example, an accurate forecast can help you plan how much inventory to stock, how many customer service agents to have on standby, and how to
Demand Forecasting Is Transforming the Retail Industry, Here’s How Read More »
While knowledge of statistics and programming is a must-have for every data scientist, non-technical skills can also help you do the job. One particularly useful attribute is being business-minded, as proven in our article “5 Most In-Demand Skills for Data Scientists.” Now, you may be asking how you can acquire such a broad skill set?
Hi there! If you ended up here, you might be interested in the current report for 2023, available here: Top 10 AI Trends to Watch in 2023. Every year, artificial intelligence takes a giant leap forward. The only way to keep up with the pace of change is to hear from those at the
Top 10 Artificial Intelligence Trends To Watch In 2022 Read More »
In the retail industry, you must analyze data to achieve the best results. This is where AI technology can help, as it unlocks many opportunities to optimize almost every aspect of any retail business. This article will cover the nine biggest benefits of using AI in retail. And how it will positively impact your business,
9 Biggest Benefits of Using AI in Your Retail Business Read More »
The magical time of year is finally here. Landscapes sit buried beneath snow, lights twinkle from rooftops, spruces have become Christmas trees once again. Children are building snowmen in front gardens as parents make a last-minute dash to the store in search of that perfect gift — but while the seasonal cheer is out in
Natural language processing (NLP) is a core part of artificial intelligence. There’s plenty of literature that covers the topic. But how can you find the best books on NLP? A simple solution is to ask the experts. Which is why we’ve prepared our top-ten list of must-read books (and eBooks!) on NLP. We’re confident each
10 Great Books If You Want To Learn About Natural Language Processing Read More »
Artificial intelligence is an invaluable educational resource. The technology enables students to follow guided, hyper-personalized paths, delivering just the right difficulty level for them to learn at their best. After all, overly simple — or excessively demanding — materials only irritate, even overwhelm, students. In contrast, if the appropriate resources push students just far enough,
4 Ways EdTech Platforms Enhance The Learning Experience With AI Read More »
When Amazon introduced ‘1-click’ in 1997, retailers trembled. The innovation gave customers a way to purchase anything from the eCommerce store with just one click. And the feature soon set the standard for buying anything online. Fast forward to today, and expectations have shifted again. Consumers now think that retailers should know what they want,
Zero-Click Buying: Is This The New Standard In eCommerce? Read More »
The retail industry is changing quickly. Technology is sweeping through the sector, with computer vision applications in retail offering a proven way to enhance the customer experience and boost sales. That said, the RIS 29th Annual Retail Technology Study: Retail Accelerates shows how just 3% of retailers currently use computer vision, although over 40% plan
5 Ways Computer Vision Is Transforming Retail Industry Read More »
