3 key advantages for AI in the retail space

Accenture suggests that the core of retail strategy is a 720-degree view of customers -- reaching digital natives with rapid focus shift, high expectations, and growing demand for personalization and perks. Successful examples such as Amazon, Macy's, and Walmart prove that the way to reflect and interpret this view goes through experiment and innovation. In particular, the use of AI and its integrals includes data mining, machine learning, natural language processing (NLP), and bots. But how is AI a good match for retail? Industries have been struggling to build data-driven strategies for a while.