AI and Robotics in Retail: Drivers, Impact, and Challenges

As the modern world seeks innovation and convenience, retail providers are faced with the new challenge -- to keep up with the trend or fall behind. Due to this, many retailers are delving into the latest technologies that seek to address the new needs of their businesses, and that may mean looking toward enterprise software development. Let's look at how retailers are innovating and dive deeper into their artificial intelligence and robotics solutions. According to Statista, by 2021 online e-commerce sales are set to total a record of $4.8 trillion (USD). Meanwhile, in 2018 this amount was estimated at a lower $2.8 trillion.