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Google Cloud for Retailers adds AI-based inventory, e-commerce tools

CIO

In a bid to help retailers transform their in-store, inventory-checking processes and enhance their e-commerce sites, Google on Friday said that it is enhancing Google Cloud for Retailers with a new shelf-checking, AI-based capability, and updating its Discovery AI and Recommendation AI services.

Commerce 834
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Is Machine Learning Changing Our Approach to Asset Management?

Smart Data Collective

Machine learning (ML) is a form of AI that is becoming more widely used in the market because of the rising number of AI vendors in the banking industry. Why Machine Learning? What Machine Learning Means to Asset Managers. Data Analysis. But is AI becoming the end-all and be-all of asset management ? Risk Management.

Learning 358
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Digital listening reveals 3 leading innovation drivers

CIO

Further analysis shows that AI and blockchain drive over 50% of discussions about innovation across all the industries we studied, as illustrated below. Its algorithms and architecture make it resistant to tampering and, thus, ideal for storing financial records, medical data, or other sensitive information.

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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 There are many ways that data analytics can help e-commerce companies succeed. Conversion rates are the most important indicators of success in e-commerce.

Commerce 185
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P&G enlists IoT, predictive analytics to perfect Pampers diapers

CIO

Data-driven diaper analysis During the diaper-making process, hot glue stream is released from an automated solenoid valve in a highly precise manner to ensure the layers of the diaper congeal properly. The drive of digital commerce is driving organizations to be flexible and produce goods efficiently and quickly.

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How to Utilize Artificial Intelligence in Your eCommerce SEO Strategy

Smart Data Collective

However, how might artificial intelligence be used in e-commerce operations? E-commerce companies are already utilizing AI to understand their consumers better, develop new revenue, and improve customer service to their current clients. How Will AI Influence E-commerce? For example, consider the task of creating a website.

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The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts

Smart Data Collective

Today, they’re equipped with machine learning and natural language processing capabilities, enabling them to understand context, sentiment, and even nuances in human language. These are not just simple cues but intricate algorithms that guide chatbot responses, ensuring they’re relevant, timely, and contextually appropriate.

Commerce 264