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3 ways Generative AI is transforming the retail industry

CIO

Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. How can Generative AI speed innovation in retail?

Retail 589
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

Biotech 768
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Henkel embraces gen AI as enabler and strategic disruptor

CIO

To achieve its vision, Henkel laid down a five-year strategic roadmap that involved reshuffling the IT organization, creating a new digital unit, consolidating CIO and CDO venture activities under one roof, and building global innovation centers in hubs like Berlin, Shanghai, Bangalore, and the US.

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Think you can ignore quantum computing? Think again.

CIO

The impact will be felt globally. Jeff Wong, global chief innovation officer at EY, says even if they’re not yet required to make a change, CIOs can already start planning NIST-approved algorithms into their cybersecurity upgrades. Companies often have three-to-four-year cybersecurity upgrade cycles,” he says.

Algorithm 871
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

The company aims to provide customers with a banking journey that is not just efficient and secure, but also innovative, engaging, and memorable. As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus.

Banking 744
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Inside Walmart’s generative AI journey

CIO

The multinational retail company positions itself as a “people-led, tech-powered” one, and sitting squarely at that intersection is generative AI, the power of which most leaders believe is fully realized when the strengths of people and technology are combined. million associates around the globe. where Walmart is headquartered.

Retail 842
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Pioneering 5G Acceleration, Indonesia Marks a Revolutionary Digital Era Through Its First 5G Warehouse

CIO

In a rapidly evolving global landscape, Indonesia acknowledges the crucial role of the digital economy in driving sustainable development and promoting inclusive growth. Given Indonesia’s promising demographics and the substantial expansion of both retail and eCommerce industries, the logistics sector is expected to continue its rapid growth.

IT 662