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How gen AI is joining the holiday shopping season

CIO

Retailers are pushing their customer service and supply chain systems to new limits in anticipation of record spending this holiday season. Just a year after the release of ChatGPT, gen AI is generating value in many different industries, including retail. Faster resolution times can save retailers time and costs.

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Can developer productivity be measured? Better than you think

CIO

In retail, for example, software has been the fastest-growing job category ; about half of the world’s software engineers work outside the tech industry. Developer velocity index benchmarking. The high performers also saw 60% higher shareholder returns and 20% higher operating margins. And this doesn’t matter only for tech companies.

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus. This choice was bolstered by third-party benchmark reports, which highlighted significant advantages such as approximately 35% lower total cost of ownership (TCO) compared to traditional solutions.

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Should you build or buy generative AI?

CIO

That includes curated data, like a legal database, in the same way you might add a commercial weather prediction service to a more traditional machine learning (ML) model for generating routes or predicting shipping times rather than build your own weather model from scratch.

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Acoustic Holiday Benchmark 2020

Acoustic

It was the earliest start to a holiday season ever ; retail stores began to set up for holiday sales the week prior to Halloween (one week to 10 days earlier than in the past). The results we’ve seen so far represent a bright light for retailers eager to enjoy some financial recovery in Q4. What did we learn?

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Social commerce: A guide for brands and retailers

bazaarvoice

With this function, shoppers can hover over any of the products featured in a social post to learn more about them and click through to purchase. Brands can and should use the content created within their social media networks on their other sales channels, like e-commerce websites, emails, blog posts, and third-party retail sites.

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Engage3’s Price Image Management Suite Recognized as a Leader in Price Optimization by Both IDC and Retail Today

Engage3

. – January 18th, 2022 – Engage3, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced independent analyst recognition for its Price Image Management Suite. Engage3 is one of only two vendors to be featured by both IDC and Retail Today.

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