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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.

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4 industries where chatbots will have the biggest impact

CIO

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 by 2032, according to Allied Market Research.

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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

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Think you can ignore quantum computing? Think again.

CIO

In April 2022, the bank formalized their quantum technologies program with a dedicated research team of in-house PhD scientists to explore opportunities. “As Given the scalability of PQC, we expect it to feature in our future cryptography landscape, considering our presence in 62 markets around the world.”

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

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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.

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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.

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