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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. We took Omniverse and created synthetic data to train those algorithms even further for higher accuracy.”

Retail 473
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Think you can ignore quantum computing? Think again.

CIO

In 1994, American mathematician Peter Shor developed quantum algorithms to factor integers and solve the discrete logarithm problem. When run on a big enough quantum computer, these algorithms will be able to crack all the public key crypto systems we rely on today for privacy. The impact will be felt globally.

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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. Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Key advantages of big data in retail. Source: Statista. Staying on top of trends.

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The impact of AI on edge computing

CIO

Retail stores and smart homes can use AI at the edge technology to personalize user experiences. You can learn about more use cases that are finally in the realm of possibility within retail here. AI algorithms can preprocess data at the gateway, reducing the volume of raw data sent to the cloud. Personalization.

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Bots and beyond: How the AI revolution is shifting the paradigm for customer experience in smart banking

CIO

Creating a first-rate, secure digital customer experience is a top goal for leaders across the financial services spectrum, from retail banking to commercial lending, investment banking, and wealth management. Another priority involves improving services for retail customers, whose churn rate is often high.

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Top automation pitfalls and how to avoid them

CIO

That recently happened at a company he worked with, a retail store chain with locations around the US. The retailer approached people on the front lines, and employees and managers working on the shop floors, for suggestions about manual processes that should be automated. Just look at the online chatbots without human backups.

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