Goto

Collaborating Authors

 Retail


Big Good: Philanthropy in the Age of Big Data & Cognitive Computing: David M Lawson, Lori Hood Lawson: 9780692983690: Amazon.com: Books

#artificialintelligence

David has been a leader in bringing technology and insights to the philanthropic community for a generation. He created the first asset-based wealth screening service as well as the first software to manage screening data. In 1997, he founded Prospect Information Network (P!N), which became the largest wealth screening company before being purchased in 2004. P!N received the InfoCommerce Model of Excellence Award and introduced the first Software-as-a-Service application to support fundraising analytics. David is CEO and co-founder of NewSci, LLC.


Mall of America Gets High-Tech With Chatbot and Humanoid Robots

#artificialintelligence

Want to know how it feels to walk through a labyrinth? But at the nation's largest shopping center, the Mall of America in Minnesota, a chatbot can intervene before you find yourself wandering the premises like a lost child. By early next year, three humanoid robots will also be on hand to give shoppers a nudge in the right direction. On Black Friday, the mall gave customers a preview of the humanoid, Pepper, and on December 4th, it introduced a new chatbot designed by Satisfi Labs. The retail chatbot can field complex questions and even guide patrons to specific businesses or attractions in the mall based on their location.


Brands toe the AI line for better consumer experience

#artificialintelligence

Strategising marketing, advertising and sales efforts is no longer a Herculean task for brands and retailers, with many elevating consumer experiences with the help of artificial intelligence, machine learning and big data. Since customers in today's digital world demand hyper-personalised content and tailored experiences from their favourite brands, several e-tailers are perfecting their moves. "Advanced AI capabilities, that we have only known through science-fiction movies, such as chatbots and virtual shopping assistants, are quite real now, and many online retailers are already using them to serve customers in a better, more interactive manner," Sudeshna Datta, co-founder and Executive Vice-President, AbsolutData, an analytics firm, told BusinessLine. While Alibaba is using AI to create personalised shopping experiences for its consumers, Amazon has introduced and perfected some of the key use-cases for AI, machine learning, and analytics in e-commerce marketing, in addition to developing innovative communication strategies. Flipkart, too, has stepped on the gas, and is keen to utilise its e-commerce data on consumer behaviour that is has collated over the past 10 years.


10 customer experience trends to watch out for in 2018 - ETtech

#artificialintelligence

By Sameet Gupte Customer experience (CX) has become the quintessential scale to choose between brands, and poor experience is a way of falling short in the buyer's journey to seamless interaction. However, over time businesses have begun to adopt and understand that a key component to building their CX strategies is around the customer. With rising expectations, the climb to the top is getting steeper in this rapidly evolving space. Each year there are predictions that CX will make the purchase decision easier and further improve the customer-business relationship. It has been rightly doing so with the increasing number of communication channels, CX metrics, and tools to support the point of contact.


Amazon Digital Day 2017 Sales: Deals On Games, Movies, HBO, Tidal, More

International Business Times

Amazon will hold its second annual Digital Day sale on Friday Dec. 29, in which it will offer deals on games, apps, movies and music. The Digital Day sale will follow Amazon's successful Black Friday and Cyber Monday, as well as the company's record-breaking holiday season. Digital Day will offer more than 5,000 deals across the shopping platform. This year around, the company is holding 40 percent more deals than in 2016, Amazon said. The online retailer will offer up to 80 percent off digital content, which includes apps, games, TV shows, movies, digital comics and more.


Mary Meeker, Analytics, and the Future of the Internet

@machinelearnbot

Summary: In this review of Mary Meeker's annual Internet Trends report for 2016 we'll look for the advanced analytics that makes these trends possible. It's that time of year again when Mary Meeker, the great seer of the internet once again releases her annual Internet Trends 2016 report. If by chance you don't know who Ms. Meeker is she is a partner in the VC firm Kliener Perkins and is acclaimed by Forbes to be the 77th most powerful woman in the world. She started issuing these reports in 1995 at Morgan Stanley and was and is still widely regarded as a guru of the internet. Say what you will, and she is a bit of controversial character, she gathers and analyzes voluminous amounts of data and has a well deserved track record for spotting big picture trends before they are widely recognized.


Apple vs. Amazon: Echo Dot Holiday Sales Soar While HomePod Still M.I.A.

International Business Times

Amazon saw a big win this holiday season. The company took over with its Echo devices after Apple's HomePod was delayed. Amazon announced on Tuesday the Echo Dot was the top-selling device across all categories on the shopping platform this holiday season. The company said it sold tens of millions of Alexa-enabled gadgets worldwide, selling millions of Echo Dot devices alone. The Echo Dot was also the top-selling gadget across Amazon Books' 13 stores, the company said.


World's richest became $1 trillion richer in 2017

Daily Mail - Science & tech

The CEO and founder of Amazon.com is listed as the world's richest person with a net worth of $99.6 billion. Thanks to a surge in Amazon's share price, the 53-year-old added $34.2 billion to his wealth to round out a standout year for the tech and retail giant. The Seattle-based company has grown from its online retail roots to cloud computing, streaming video, artificial intelligence and more. Amazon's shares have recently been boosted by its acquisition of grocery chain Whole Foods. The firm has also expanded its line-up of devices tapping into its digital assistant Alexa.


Amazon And The Voice-Activated AI Future PYMNTS.com

#artificialintelligence

If we told the average person in early 2013 that someday it was going to be very important to learn the correct way to greet your devices, the average person might have thought we'd gone mad. It wasn't that people didn't love their gadgets in the distant wilds of five years ago; nor did the idea of talking to a digital intelligence sound completely outside the realm of normal experience. In 2013, the world had been acquainted with Apple's Siri for almost two years, and Google's first crack at a smart, voice-activated assistant, "Google Now," was released in mid-July 2012. But the idea of voice-activated artificial intelligence (AI), capable of fulfilling more than very simple commands -- and, in fact, being able to "converse" in real-time with a human, recognize a user's voice through biometrics and develop more skills over time so it could gradually "learn" to do better -- seemed literally the stuff of science fiction or superhero movies. The idea that there would not only be that type of AI in the market, but that there would be so much of it out there that users would need to learn a variety of different "wake" commands to initiate conversation with their devices?


Artificial Intelligence: A Big Win-Win for the Car-Buying Experience

#artificialintelligence

We all know that getting a new car can be an exhilarating experience for the buyer -- from the "new car smell" to that first getaway road trip that we all dream of. But there's no denying that some aspects of the car-buying process are sub-optimal and truly frustrating for car buyers. Since every dealer wants to deliver the best experience for their customers, my firm recently commissioned a survey to learn more about the realities of the car-buying process. We explored attitudes and pain points and also sought to understand more about how automation can improve the car-buying experience. The issues that consumers experience when it comes to buying a new car are significant to our industry because roughly one in five Americans (some 19 percent) have bought a new car or truck in the past year or plan to buy one in the coming year.