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3 ways Generative AI is transforming the retail industry

CIO

Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. How can Generative AI speed innovation in retail?

Retail 557
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Private 5G networks are sparking innovation at the edge

CIO

They also provide a foundation for unprecedented business innovation and transformative new digital experiences. Technology innovation for our times Even in a challenging global economy, 2023 is poised to be a big year for private 5G in the edge setting. As edge applications grow in significance, so will the emphasis on private 5G.

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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 445
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Physical experience, digital convenience: The future of retail

CIO

The future of retail is “phygital,” as every retail and ecommerce publication on the internet is screaming right now. If you’ve never heard the term before, it’s a portmanteau of “physical” and “digital” – and represents the merging of the two forms of retail and shopping. How do they do that? With data of course.

Retail 436
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Inside Walmart’s generative AI journey

CIO

The multinational retail company positions itself as a “people-led, tech-powered” one, and sitting squarely at that intersection is generative AI, the power of which most leaders believe is fully realized when the strengths of people and technology are combined. million associates around the globe. where Walmart is headquartered.

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The impact of AI on edge computing

CIO

When AI is brought to the edge the analysis of sensor data from industrial machinery can predict failures or maintenance needs. 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.

Retail 585
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Big Data Proves Invaluable to Retail Supply Chain Management

Smart Data Collective

Retailers are struggling to keep up with a growing demand for online purchases. This has driven many companies to find more innovative ecommerce marketing models that rely on big data. As such, retailers have an even tougher job of keeping on top of supply and demand. Manage Deliveries in Real-Time. Better Order Picking Times.

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