Global Big Data Conference

#artificialintelligence 

As online shopping replaces more and more brick-and-mortar retail stores, AI in retail is taking center stage for enterprises. In a digital era where consumers are constantly seeking personalized products and services, artificial intelligence solutions in retail are helping retailers align their offerings with the expectations of their customers. The disruptive impact of artificial intelligence in retail is seen across the value chain and is emerging as a powerful tool for retail brands to gain a strategic advantage over their competition. Marketing research firm Tractica has predicted that global AI revenues will grow from $643.7 million in 2016 to an excess of $36.8 billion in 2025. If your organization is considering going the AI way, you will do well to know how other retailers have used it to offer disruptive solutions.