Business

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, […]

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,

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,

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