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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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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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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. Digital Transformation, Retail Industry

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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.

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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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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.

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AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!

Smart Data Collective

They offer instant assistance to customers and leads, helping retailers get more sales. To perform its function , a chatbot will use advanced machine learning and natural language processing algorithms. The perks of using chatbots for retailers. It tells us that businesses are investing heavily in this new technology.

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