article thumbnail

Averting turbulence in the air

CIO

In addition, the world of e-commerce technology seems to be perpetually evolving with fintech innovations and payment orchestration platforms. Following this trend, some airlines even developed their own “payment application” through which customers not only can book airline tickets but also make payments on other e-commerce platforms.

Airline 325
article thumbnail

Generative AI in Consumer and Retail

Alpha Sense BI

The consumer and retail (C&R) industry is a vast and dynamic space that, today, encompasses everything from e-commerce to brick-and-mortar stores and consumer goods (i.e., By analyzing customer data , such as purchase history, browsing behavior, and preferences, generative AI algorithms can create personalized recommendations and offers.

Retail 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Evolution of Retail: How Technology is Transforming the Industry

Alpha Sense BI

Today, technology is paving the way for transformation in every facet of the retail sector, from supply chain optimization and customer service to in-store shopping and e-commerce. A large contributor to the e-commerce frenzy, particularly among younger generations, is social media. With 87.6% With 87.6%

Retail 52
article thumbnail

Manufacturing Trends and Outlook for 2024

Alpha Sense BI

For example, machine learning algorithms can boost innovation by analyzing vast amounts of data—including market trends , customer preferences, and historical performance—to identify patterns and generate new ideas faster and more effectively than humans can alone. The possibilities genAI opens up in the manufacturing industry are endless.

Retail 52
article thumbnail

AI in Biopharma: Use Cases and Considerations

Alpha Sense BI

Through the use of complex algorithms , AI sifts through large datasets , identifying potential drug candidates and biomarkers much swifter than by manual means. Further, AI’s predictive modeling algorithms refine drug target validation, thus reducing the attrition rates during the expensive clinical testing phases.