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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 526
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10 generative AI certs and certificate programs to grow your skills

CIO

Generative AI is poised to disrupt nearly every industry, and IT professionals with highly sought after gen AI skills are in high demand, as companies seek to harness the technology for various digital and operational initiatives.

Knowledge 842
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4 industries where chatbots will have the biggest impact

CIO

trillion by 2032, according to a Bloomberg Intelligence analysis. More than 80% of business leaders believe that the best bang for their gen AI buck is in chatbots for automating customer service and improving knowledge management, according to a Capgemini survey of 1,000 companies in 13 countries. That is projected to reach $4.5

Banking 599
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To gain advantage, IT leaders should turn competitors into collaborators

CIO

Business leaders 10 years ago mostly focused on automation since the main objective of technology investment then was to drive down costs, decrease risk, and boost efficiency. Of course, technology should still boost cost efficiencies, but it also needs to drive revenue at the same time. It’s a different world today.

Advantage 615
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5 ways AI is showing promise as a decision-maker

CIO

Instead of waiting on hold or navigating through phone menus, customers can instantly get answers from a virtual agent that is far more engaging and knowledgeable than past generations of chatbots. Dynamic pricing Airlines, ride-sharing services, and online retailers have long used dynamic pricing to adjust to changing market conditions.

Airline 777
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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.

Retail 790
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State of IT jobs: Mixed signals, changes ahead

CIO

So it’s just this really complicated complex job market,” says hiring and consulting expert Ryan Sutton, executive director of the technology practice at Robert Half Technology. With technologies such as AI and ML, finding candidates with several years of experience is challenging.

IT 793