The Future of AI In Retail Is Already Here

TORONTO, ONTARIO – According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, penetration of AI technologies in the retail market will exceed 8 billion USD by 2024. The AI in retail market is driven by increasing investments across the globe. This growing interest can be attributed to the wide applications of machine learning, predictive analytics, and deep learning. Furthermore, AI is set to unleash the next phase of the digital disruption in retail – and the major players in the sector are ramping up their digitalization efforts as a result. With a storied history in the AI and data analytics space, the founder and CEO of Daisy Intelligence, Gary Saarenvirta, is today working at the forefront of the disruption taking place globally in retail.