Retail
How to Use Artificial Intelligence to Support Human Work
With all the talk about artificial intelligence, a lot of people think that we are on the verge of a new era, in which humanoid robots capable of speaking and walking will invade the labor market at any moment. While technology is moving in that direction, this scenario is still decades away, according to most forecasts. AI certainly impact the way we work today and will influence even more deeply the way we conduct business โ until, finally, robots are our colleagues from work. For now, however, artificial intelligence is able to highlight our own abilities and work with us through technology embedded in machinery, wearable devices, and others. These "coworkers" can help us accomplish tasks more efficiently.
Drone Delivery Mechanism To Offer In-Person Delivery Rather Than To Physical Addresses
Drone deliveries are expected to revolutionize supply chain and logistics, by providing last mile coverage along with faster deliveries. Now a new app showcases it can even overhaul the current delivery mechanism -- which consists of delivering packages to physical addresses -- by transporting the package right into your hands, wherever you are at the moment. DelivAir app made by product developers and technology consultants, Cambridge Consultants, will use GPS and smartphone signals to navigate drones carrying the package to a person's real-time location; it will also ask the person for navigational directions once it is in the person's line of sight. It will authenticate the source of the order by syncing with a blinking pattern initiated by the app on the user's smartphone. The drone will deliver the packages from a safe height, avoiding direct contact.
Ten Customer Service And Customer Experience Trends For 2017
Amazon.com Inc. unveiled technology that will let shoppers grab groceries without having to scan and pay for them -- in one stroke eliminating the checkout line. Each year, new data comes out that indicates customer service and the customer experience (CX) are more important than ever. According to Forrester, 72% of businesses say that improving the customer experience is their top priority. A study from NewVoiceMedia indicates that companies lose more than $62 billion due to poor customer service. No company can afford to be a customer service laggard.
Apple takes augmented reality and machine learning beyond "Big Data"
Augmented reality (AR) and machine learning (ML) technologies have been around for years, but until now their use has mostly been limited to processing massive volumes of cloud data for specialized industries and applications. For instance, AR applications have been used in military systems for years, and online retailers have always used some form of ML to better understand and influence buying decisions. Now, with the release of iOS 11 and the new iPad Pro, Apple is making these technologies accessible to a much broader group of developers and non-technical users alike. Apple is known for democratizing very complex technologies by making them less expensive and easier to use. This is now the case with AR and ML in iOS 11 and iPad Pro.
How AI Could Change Amazon: A Thought Experiment
How will AI change strategy? That's the single most common question the three of us are asked from corporate executives, and it's not trivial to answer. AI is fundamentally a prediction technology. As advances in AI make prediction cheaper, economic theory dictates that we'll use prediction more frequently and widely, and the value of complements to prediction โ like human judgment โ will rise. But what does all this mean for strategy?
Google's mini Home speaker may ship on October 19th
If there was any doubt that Google's October 4th event will include a miniature Home speaker, Walmart just erased it. The big-box retailer briefly posted a listing for the Google Home Mini that not only shows off the puck-like Assistant device, but gives an idea of what to expect when it launches. The Mini will reportedly ship around October 19th for $49, and you might not even have to pay that much. You see, Walmart has an tie-in with Google Express that cuts $25 off the price of orders until January 15th. That means you could be paying as little as $24 -- not bad for a brand new alternative to the Echo Dot.
Google Home Mini Briefly Appeared On Walmart Store, Release Date Leaks
Google will be announcing its new pair of Pixel 2 smartphones Wednesday alongside other new products. One of them is the smaller Google Home Mini, which popped up prematurely on Walmart's website Tuesday morning. The listing also revealed the Google Home Mini release date. Walmart listed that the Google Home Mini will arrive on Oct. 19, which is just two weeks after Google's official unveiling tomorrow. As IBT previously reported earlier this month, the smaller smart speaker will cost $49.
How AI Could Change Amazon: A Thought Experiment
How will AI change strategy? That's the single most common question the three of us are asked from corporate executives, and it's not trivial to answer. AI is fundamentally a prediction technology. As advances in AI make prediction cheaper, economic theory dictates that we'll use prediction more frequently and widely, and the value of complements to prediction โ like human judgment โ will rise. But what does all this mean for strategy?
Build an Autonomous Vehicle on AWS and Race It at the re:Invent Robocar Rally Amazon Web Services
Autonomous vehicles are poised to take to our roads in massive numbers in the coming years. This has been made possible due to advances in deep learning and its application to autonomous driving. In this post, we take you through a tutorial that shows you how to build a remote control (RC) vehicle that uses Amazon AI services. Typically each autonomous vehicle is stacked with a lot of sensors that provide rich telemetry. This telemetry can be used to improve the driving of the individual vehicle but also the user experience.
Merchants increase online sales revenue using eComchain's Artificial Intelligence features
So what does it takes to make your Online Store intelligent? Using eComchain, retailers can now use powerful and practical ways, assisting interactions with the end consumer, resulting in increased online revenue and profit. With the help of Omni-channel personalization and personalized chatbots, the online retailer can now easily increase the conversion rate of an online shopper. "Every merchant using eComchain can avail of these cool AI features within their next fiscal quarter to increase their sales revenue. AI is already present in every device that we use on a daily basis, including Netflix or LG refrigerators. AI in eCommerce is maturing, and will quickly dominate many areas of online shopping," says Rob Hayes, Business Development Director of eComchain, who spent 30 years in the retail industry having worked for Marshall Fields, Lands' End and JC Penney before joining eComchain early this year.