Business

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 […]

Every business wants to make a profit. And machine learning can help. Price prediction powered by machine learning is one of the most powerful tools in any company’s toolkit. Because automated price forecasting can help you stay in sync with your market and, ultimately, improve the effectiveness of your sales process. In this post, we’ll

Artificial intelligence is taking over the business world. McKinsey’s ‘The state of AI in 2020’ report estimates that 50% of companies already use AI in at least one function. And that only scratches the surface of what’s to come. Forecasts suggest that the revenues generated by artificial intelligence will double between 2020 and 2024, signaling

The pandemic has led to a striking deterioration of finances, both for corporations and households alike. And if you need to contact debtors who fail to repay in time, you can use artificial intelligence and machine learning to support the process.  In this post, we talk about how AI can improve debt collection, discussing the

Let’s start by getting one thing straight. There’s no single way to estimate a machine learning project. After all, you’re asking people to create a program that can harness vast amounts of data in such a way that it generates huge value for your business. And that’s no easy task. But if you work with

When you work in artificial intelligence, you must constantly refresh your knowledge and use the latest AI tools to avoid slipping behind the field. And the best way to keep up is to follow the right resources. We recently recommended the top AI influencers to follow, but there’s more to life than social media. That’s

Automation isn’t here to steal your job. More likely, a range of solutions will take on the mundane, freeing you up to focus on what’s important. One McKinsey study suggests that 60% of occupations could free nearly a third of their time if employees started using the appropriate software. Which begs the question: what tasks

Chatbots are the new ‘front-of-house’ for the internet. Head to any established commercial website, and you’ll likely find one nestled in the corner of your screen. The chatbot’s ubiquity is thanks to its ability to automate processes: be it answering FAQs, guiding visitors to the right sub-page, or troubleshooting basic problems. It’s no surprise, then,