article thumbnail

4 industries where chatbots will have the biggest impact

CIO

trillion by 2032, according to a Bloomberg Intelligence analysis. Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. billion, according to Verified Market Research. billion in 2022 to $6.9

Banking 617
article thumbnail

How to Conduct Consumer and Retail Market Research

Alpha Sense BI

The consumer and retail (C&R) industry is evolving rapidly due to a combination of new innovations and technologies, shifts in consumer preferences and behaviors, and macroeconomic events hindering sector growth. To stay competitive in the current economic climate , companies need to conduct comprehensive and efficient market research.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Ways Location Data Can Help You Excel in Retail

Smart Data Collective

Consumers today want retailers they do dealings with, to provide them with simplified and personalized services. The retail industry is expanding all the time. The retail industry is expanding all the time. Did you know that retail sales in the US are expected to reach $5.94 trillion in 2024, up from roughly $5.47

Retail 244
article thumbnail

10 generative AI certs and certificate programs to grow your skills

CIO

Modules include introduction to generative AI, generative AI for text, generative AI for images, generative AI for enterprises, generative AI for public services, data privacy in AI, prompt engineering for text analysis, and upcoming trends in generative AI.

Knowledge 819
article thumbnail

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 814
article thumbnail

What is predictive analytics? Transforming data into future insights

CIO

billion in 2022, according to a research study published by The Insight Partners in August 2022. Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. from 2022 to 2028. As such it can help adopters find ways to save and earn money.

article thumbnail

10 most in-demand generative AI skills

CIO

The recent AI boom has sparked plenty of conversations around its potential to eliminate jobs, but a survey of 1,400 US business leaders by the Upwork Research Institute found that 49% of hiring managers plan to hire more independent and full-time employees in response to the demand for AI skills.

Copywrite 893