Retail
Artificial Intelligence
Retail is a powerful data-driven industry. Retailers use traditional analysis over the years. However, the advent of artificial intelligence (AI) and machine learning (ML) has opened many new opportunities to gain a deeper understanding of data processing. The artificial intelligence retail market is expected to grow at a CAGR of 35.9% from 2019 to 2025 to reach $ 15.3 billion by 2025. The growth of artificial intelligence services on the retail market is driven by several factors such as the growing number of Internet users, the increasing adoption of smart devices, the rapid adoption of technological advances across the retail chain, and the increasing adoption of multi-channel or Omni retail strategy.
Machine Learning in Production: Why You Should Care About Data and Concept Drift
Machine learning models often deal with corrupted, late, or incomplete data. Data quality issues account for a major share of failures in production. But let's say it is covered. The data engineering team does a great job, data owners and producers do no harm, and no system breaks. Does this mean our model is safe? Sadly, this is never a given.
How artificial intelligence may be making you buy things
The shopping lists we used to scribble on the back of an envelope are increasingly already known by the supermarkets we frequent. Firstly via the loyalty cards we scan at checkouts, and more and more so from our online baskets, our shopping habits are no longer a secret. But now more retailers are using AI (artificial intelligence) - software systems that can learn for themselves - to try to automatically predict and encourage our very specific preferences and purchases like never before. Retail consultant Daniel Burke, of Blick Rothenberg, calls this "the holy grail... to build up a profile of customers and suggest a product before they realise it is what they wanted". So the next time you dash into your local shop to buy certain snacks and a particular wine on a Friday night, perhaps you can blame AI, and a computer that has learned all about you, for the decision.
Roomba's premium S9 robot vacuum is $200 off at Wellbots
The holiday shopping season is a great time to find a robot vacuum at a good sale price, and one of iRobot's most advanced devices is $200 off right now. The Roomba S9 vacuum is down to $900, which is a record low for this model. The "plus" version comes with a Clean Base, but if you can do without that, the regular S9 vacuum is also discounted to $700. Since these remain expensive gadgets, you'll qualify for Wellbots' free shipping and the retailer also offers no sales tax outside New York. These robo-vacs do everything that the well-loved Roomba i7 series does, but they also have a few extra perks.
Five DIY kits that make excellent holiday gifts
The DIY spirit is alive and well these days, especially with individuals who have a technical mind. Regardless of age, these people enjoy working on and completing projects -- they just need the resources, tools and a bit of direction to make it happen. If you have a DIYer in your life, you'll want to check out this roundup of six DIY kits that make excellent gifts for the holidays. Circuit Scribe's conductive ink pen, sweet magnetic modules and plain old printer paper allow kids to merge their creativity with science as they build exciting circuits. By placing paper over the steel sheet included in the kit, your child turns the paper into a base for blinking lights, beeping buzzers and whirling motors. Alongside all of the essential materials, this kit comes with an easy-to-follow instructional manual booklet and workbook to guide your children through the process of learning about circuits and switches.
Amazon.com: Machine Learning in Finance: From Theory to Practice (9783030410674): Dixon, Matthew F., Halperin, Igor, Bilokon, Paul: Books
This book introduces machine learning methods in finance. It presents a unified treatment of machine learning and various statistical and computational disciplines in quantitative finance, such as financial econometrics and discrete time stochastic control, with an emphasis on how theory and hypothesis tests inform the choice of algorithm for financial data modeling and decision making. With the trend towards increasing computational resources and larger datasets, machine learning has grown into an important skillset for the finance industry. This book is written for advanced graduate students and academics in financial econometrics, mathematical finance and applied statistics, in addition to quants and data scientists in the field of quantitative finance. Machine Learning in Finance: From Theory to Practice is divided into three parts, each part covering theory and applications.
Walmart's Holiday Drone Show: Where, When And How To Watch
Walmart has found a new way to celebrate the holidays in the era of lockdowns and social distancing: high-flying drone shows put on at physical locations and streamed for online viewing. The shows will use almost 1,000 Intel drones to form complex shapes in the night sky, moving in time to Christmas songs like "Frosty the Snowman" by Bing Crosby and "Run Run Rudolph" by Kelly Clarkson. "After a particularly tough year, we want customers and communities to enjoy a moment of rest, peace and hope," said William White, Walmart's chief marketing officer in a press release. "We've been finding ways to help families enjoy seasonal traditions in a year when they thought it might not be possible." Never one to miss a merchandising opportunity, Walmart will also be airing a holiday shortly before the show, "DreamWorks Trolls Holiday."
Raising code quality for Python applications using Amazon CodeGuru
We are pleased to announce the launch of Python support for Amazon CodeGuru, a service for automated code reviews and application performance recommendations. CodeGuru is powered by program analysis and machine learning, and trained on best practices and hard-learned lessons across millions of code reviews and thousands of applications profiled on open-source projects and internally at Amazon. The launch of Python support extends CodeGuru beyond its original Java support. Python is a widely used language for various use cases, including web app development and DevOps. Python's growth in data analysis and machine learning areas is driven by its rich frameworks and libraries.
Using a test framework to design better experiences with Amazon Lex
Chatbots have become an increasingly important channel for businesses to service their customers. Chatbots provide 24/7 availability and can help customers interact with brands anywhere, anytime and on any device. To effectively utilize chatbots, they must be built with good design, development, test, and deployment practices. This post provides you with a framework that helps you automate the testing processes and reduce the overall bot development cycle for Amazon Lex bots. Amazon Lex is a service for building conversational interfaces into any application using voice and text.
Deep learning helps robots grasp and move objects with ease
In the past year, lockdowns and other COVID-19 safety measures have made online shopping more popular than ever, but the skyrocketing demand is leaving many retailers struggling to fulfill orders while ensuring the safety of their warehouse employees. Researchers at the University of California, Berkeley, have created new artificial intelligence software that gives robots the speed and skill to grasp and smoothly move objects, making it feasible for them to soon assist humans in warehouse environments. The technology is described in a paper published online today (Wednesday, Nov. 18) in the journal Science Robotics. Automating warehouse tasks can be challenging because many actions that come naturally to humans -- like deciding where and how to pick up different types of objects and then coordinating the shoulder, arm and wrist movements needed to move each object from one location to another -- are actually quite difficult for robots. Robotic motion also tends to be jerky, which can increase the risk of damaging both the products and the robots.