The $20 million fundraising will provide Hopscotch, an online store for babycare products, ample firepower to hold fort against larger rival Firstcry
Source: LivemintSoftBank's eagerness to exit Snapdeal is matched by Tiger Global Management MD Lee Fixel's need to take some cash out from Flipkart
Source: LivemintAmazon Prime membership has become an important lever for the e-commerce firm in its battle against Flipkart, accounting for nearly 30% of all orders
Source: LivemintBigBasket is setting up separate warehouses to cater to businesses such as hotels, restaurants and caterers, a move that will increase sales of private labels
Source: LivemintFlipkart has to justify the fundraising and the eBay India acquisition by keeping Amazon India at bay and cutting costs
Source: LivemintAfter the fundraising from Microsoft and eBay, Flipkart may get more capital soon as SoftBank may invest in the e-commerce firm if Snapdeal's sale goes through
Source: LivemintExponential progress in artificial intelligence (AI) and machine learning, fuelled by the combination of cloud, big data and new algorithms, is transforming the retail industry.
Source: PR NewswireChatbots have moved into a unique position over the past few years. Rather than using chatbots to resolve customer service issues solely on company websites or for inside use at organizations.
Source: PymntsIf you want to get a lot of retailers nodding their heads, ask them this: "Are you pursuing a personalization strategy?" You'll get a pretty resounding,
Source: ForbesFrom Amazon Echo's AI assistant, Alexa, to Sephora's Kik chatbot, businesses are utilizing AI to enhance the user experience in a growing number of ways.
Source: PaymentsourceNew building in White City shows increased commitment to IT, and the UK, after merger with Italy's Yoox
Source: TheguardianWhat does it take to compete in a global arena in which retail and cloud are increasingly intertwined? Domain-specific data science and machine learning for the masses, according to Alibaba.
Source: ZDnetAmazon's head of A.I. for its AWS cloud computing outfit, Matt Wood, sits down for a talk about how the company is popularizing machine learning and related tasks, and where the technology is headed in coming years.
Source: BarronsEven though Walmart was founded in 1962, it's on the cutting edge when it comes to transforming retail operations and customer experience by using machine learning, the Internet of Things (IoT) and Big Data. In recent years, its patent applications, position as the second largest online retailer and investment in retail tech and innovation are just a few reasons they are among the retail leaders evolving to take advantage of tech to build their business and provide better service to their customers.
Source: ForbesEven though Walmart was founded in 1962, it's on the cutting edge when it comes to transforming retail operations and customer experience by using machine learning, the Internet of Things (IoT) and Big Data. In recent years, its patent applications, position as the second largest online retailer and investment in retail tech and innovation are just a few reasons they are among the retail leaders evolving to take advantage of tech to build their business and provide better service to their customers.
Source: ForbesIn retail, supply chain efficiency is essential. Inventory management, picking, packing and shipping are all time and resource-intensive processes which can have dramatic impact on a business's bottom line.
Source: ForbesCustomers with questions about their online orders this holiday shopping season may think they're asking a seasonal worker for help, but artificial intelligence (AI) is likely giving them the information they need.
Source: MarketwatchWill Artificial Intelligence replace the current jobs, or will it create new jobs five years from now? It is analyzed that AI will either be the game changer in Indian industries or it will fail to impact the Indian market.
Source: SanvadaThere is popular scene from the movie, "The Devil Wears Prada" where Meryl Streep, who plays the role of a powerful fashion editor gives her assistant a dressing down for not being able to understand fashion. Meryl says that fashion is whatever a select group of designers say it is
Source: HOBArtificial intelligence (AI) can generate X-ray reports at Max Healthcare. This evolving tool - in beta stage at present - is being programmed with radiologists' knowhow, by scanning millions of patient records.
Source: ETA recent survey of more than 300 marketers by Resulticks found that almost half thought artificial intelligence was an overhyped industry buzzword and 40 percent felt skeptical when they saw or heard the term. The survey also found that 47 percent of marketers believed AI was more fantasy than reality.
Source: ForbesThe industry has reached a point where machines can leverage enormous amounts of online user data from E-commerce, social media, and smartphones to understand and foresee real-life trends, and in return, refresh their products and customize the shopper's experience.
Source: HOBEmerging technologies are changing the face of retail operations and commerce. Digital world is continuously posing threat on retail industry as the customers are getting engaged with their mobile phones and expect more convenience.
Source: HOBThe retailers are investing much in the technologies like AI, big data analytics, block chain etc. the growing investment is featured by wide application of AI and related technologies to unleash its benefits to boost sales, improve operational efficiency, enhance customer relationship, offer personalized customer experience etc.
Source: HOBIn retail business there is some form of typical competition that has been evolved from an longer period in business .The retail business is to identify the needs of the customers in which the best sales can shine out among the competitors . The response of every business folks is to analyze and make comparison to other businesses in your industry. Find if there is something useful to the customers as well as to your business and the good response is to define your brand and consistently communicate your own Unique Selling Proposition. This blog will gives you the 5 strategic ways through which you were able to beat the competition and also remain in business strong and lucrative.
Source: RoosboardThe retail industry traditionally has been generating detailed data on consumer behaviour and purchase history through various transactional and customer relationship systems. Exploiting these data to increase basket value and optimize margin remains a challenge with traditional technologies of business intelligence tools and data warehouse architectures.
Source: HOBAccording to marketing guru, Seth Godin, "Artificial intelligence does a job we weren't necessarily crazy about doing anyway, it does it quietly, and well, and then we take it for granted."
Source: HOBChatbots and Virtual Assistance are getting a lot of attention in the AI world. E-Commerce and Retail industries are customer oriented and to stay competitive in the market the retailers should revamp the customer experience as customers are the king of the market.
Source: HOBIoT has already created the hype in the business world. Keeping security and occasional performance issues aside, IoT has already created more productive environments in the business by the year 2025, its direct economic impact on retail, manufacturing, healthcare and other important industries.
Source: HOBAI has revolutionized almost every industry and will continue to do so
Source: HOBThis article presents top 10 data science use cases in the retail, created for you to be aware of the present trends and tendencies.
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Source: Orian Research ConsultantSoftware Developer & Data analysts have been hot properties in Indiaā??s job market for years. Currently, there are about 97,000 analytics jobs waiting to be filled in India, according to a recent study by ed-tech company Great Learning. This is a jump of almost 45%, compared with a year ago.
Source: HOBIBM in its latest report identified the key areas Retail is planning to use AI. The areas are: Supply chain planning, Demand forecasting, Customer intelligence, Marketing, advertising, and campaign management, Store Operations, Pricing, and promotion.
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