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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 617
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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 812
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SAP, IBM Consulting partner to offer genAI-based services

CIO

Targeting new industry use cases Additionally, both companies said the partnership would help them foster innovation for several industry sectors, with an initial focus on industrial manufacturing, consumer packaged goods (CPG), retail, defense, automotive, and utilities industries. “As

Retail 697
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Big Data: The Technology Behind Retailers Success

Smart Data Collective

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Big data in retail help companies understand their customers better and provide them with more personalized offers. Key advantages of big data in retail. 4 real-life examples of retailers leveraging big data.

Retail 313
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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. Many public and private organizations use these standards and require their partners to do the same.

Algorithm 877
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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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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.

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