The mobile app development industry is taking the world by storm, with the new technologies trending across the market. Geolocation is one such trend that is predicted to reach a revenue of $40 billion by 2024 for the location-based service market, according to MarketsandMarkets report. Geolocation applications open up new opportunities for entrepreneurs to explore. They are also a gateway for the service industry to improve customer experience and interact with their user base. The rising number of location-based apps, like on-demand service apps, is proof that geolocation is quintessential to survival in the mobile app market.

Amazon.com Inc. is in talks to buy driverless vehicle startup Zoox Inc., according to a person familiar with the matter, a deal that would accelerate the e-commerce giant's automation efforts. "Zoox has been receiving interest in a strategic transaction from multiple parties and has been working with Qatalyst Partners to evaluate such interest," the startup said. It declined to comment on Amazon's interest. A spokeswoman for Amazon declined to comment. Zoox had outsized ambition and financial backing.

Working together, they move the bins around nonstop, accessing specific items and delivering them to the people on the outside. On a busy day, these robots churn through 20,000 online orders, 80% of which are placed via smartphones. A growing number of retailers are turning to this kind of automation to out-compete their rivals. Robots keep costs down and make order fulfillment quicker and more accurate. Now, given a series of lockdowns that could go on for months or even years, this kind of small-scale automation could be key if retailers are to survive.

As we've seen unfold in recent years, artificial intelligence (AI), machine learning (ML) and data analytics are rapidly changing the speed at which the retail industry operates. As these technologies become increasingly popular among leading retail companies, it's clear that early adopters of AI have seen a sizable financial advantage compared to retailers that haven't yet adopted the technology. Non-adopters will need to erode their margin to stay competitive on price, while adopters with sizable financial gain will be able to weather volatility on price inputs. AI is being used as a differentiating factor between smaller retailers as a way to get ahead and capture market share. The gap between adopters and non-adopters will continue to grow, meaning AI is no longer just a way to get ahead of competitors -- it's become a pivotal part of staying relevant in the industry and maintaining innovation.

Facebook today announced improvements to the shopping experiences across its platform, including Facebook Shops, a new way for businesses to set up a single online store for customers to access on Facebook and Instagram. The company characterized the new products -- all of which are powered by a family of new AI and machine learning system -- as a step toward its vision of an all-in-one AI assistant that can search and rank products, while at the same time personalizing its recommendations to individual tastes. Ecommerce businesses like Facebook Marketplace lean on AI to automate a host of behind-the-scenes tasks, from learning preferences and body types to understanding the factors that might influence purchase decisions. McKinsey estimates that Amazon, which recently deployed AI to handle incoming shopper inquiries, generates 35% of all sales from its product recommendation engine. Beyond ranking, AI from startups like ModiFace, Vue.ai, Edited, Syte, and Adverity enable customers to try on shades of lipstick virtually, see model images in every size, and spot trends and sales over time.

Roybi Robot uses artificial intelligence (AI) to deliver personalized content to children based on their pace and interests. With over 500 lessons, 70,000 words, and 50 categories, including basic STEM, stories, games, and songs, Roybi Robot creates a fun and interactive learning experience for children. Roybi Robot may also be used as a supplementary device for children with speech delay. Easy Installation: It takes less than 60 seconds to install your Roybi Robot on a Wi-Fi network or even your phone's hotspot. Drop Resistant: Can be protected from a 5 ft (1.5m) distance drop.

When six-foot-four inch Marty first rolled into Stop & Shop, the robot walked into history. Social robot experts say it is among the first instance of a robot deployed in a customer environment, namely supermarkets in the Northeast. Marty rolls around the store looking for spills with its three cameras. It does take the place of the human worker, called an associate, that did the same thing, but it means the associate can do something else. Doing the walk-around of the store is seen as a mundane task.

The healthcare industry is a highly regulated and complex industry where a great deal of information exchange occurs via verbal communication. This audio data can contain valuable information and actionable insights. This post explores how to integrate HIPAA-eligible AWS AI services Amazon Transcribe Medical and Amazon Comprehend Medical to identify insights in this data. Automating medical data extraction and comprehension helps healthcare professionals focus on patient care. Amazon Transcribe Medical is a machine learning (ML) service that makes it easy to quickly create accurate transcriptions from medical consultations between patients and physicians.

In the first application for Hikrobot in the UK, global fashion brand, Superdry, is leveraging the flexibility of intelligent mini-robot carriers to transform order picking and put-away at its UK hub – just part of a phased roll-out of goods-to-person robotics that will boost productivity across its international network of multi-channel fulfilment centres. Superdry is an iconic, global fashion brand operating through 768 store locations in 65 countries. Since its foundation in Cheltenham in 1985, the business has experienced phenomenal growth and in 2019 reported revenue of £871 million – a success story built on a reputation for providing distinctive, high-quality products that fuse vintage Americana and Japanese inspired graphics with a British style. As an omni-channel retailer competing in the fast-moving fashion sector, maintaining high product availability, efficient fulfilment and the rapid processing of returns is essential for ensuring the best possible customer experience across multiple channels – retail, wholesale and ecommerce. Critically, all of these competitive differentiators depend upon the fast, accurate and efficient picking of products from across Superdry's extensive range of over 60,000 SKUs, held at the company's three regional distribution centres in the UK, Europe and USA.