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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.

Retail 461
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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.

Algorithm 869
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Piyush Chowhan, CIO, Panda Retail: Leadership positions demand tough decisions

CIO

With more than two decades of experience working in global consumer and retail companies, Piyush Chowhan is passionate for transforming businesses by leveraging technology. Chowhan: I’m a retail and consumer technology evangelist who loves to enable enterprise transformation. Chowhan: Learn at every step and share the joy.

Retail 325
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Havmor’s VP IT Dhaval Mankad on ‘melting’ hurdles with a scoop of digital innovation

CIO

At the hub of affairs is Dhaval Mankad, Vice President of Havmor’s IT operations running like a well-oiled machine as its 72,000 retail stores dispense sweet goods in 18 states and 5 union territories across India. Could you tell us how digital innovation works in the backend of a customer-facing business like Havmor?

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The impact of AI on edge computing

CIO

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. Learn more about this here. Retail stores and smart homes can use AI at the edge technology to personalize user experiences. billion in 2027 with a compound annual growth rate (CAGR) of 86.1%

Retail 612
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Leaning into Retail’s Challenges with Digital Transformation

CIO

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. And online ordering accelerated.

Retail 849
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CarMax drives business value with GPT-3.5

CIO

x for business value even before ChatGPT became a household name. That is why the omnichannel used-car retailer earned a coveted spot on the 2023 CIO 100 Award list: for its early, innovative use of a nascent AI technology that led to a spike in page views as well as higher SEO ranking and placement that drove substantial business growth.

Business 909