Quite unlike what you may be inclined to believe, artificial intelligence has been around for quite a while. It's just that it is only over the past few years that the world has found d increasingly mainstream applications for it. Its adoption has multiplied in the recent past that you'd be hard-pressed to think of things where either artificial intelligence is not already being used or where its integration isn't being considered or worked upon. Think about it -- what do you think drives virtual assistants like Alexa, Google Now, Siri, and more? The point is that it isn't surprising to see that artificial intelligence also makes its way into e-commerce, which has firmly established itself as a leading way to shop today.
Note: This post has been guest authored by Atman Rathod, who is the Co-founder at CMARIX TechnoLabs. It is a leading web and mobile app development company with 13 years of experience. He loves to write about technology, startups, entrepreneurship, and business. His creative abilities, academic track record and leadership skills made him one of the key industry influencers as well. As businesses irrespective of size and niche are increasingly depending on digital transactions, eCommerce and mobile commerce websites and apps are slowly becoming the principal avenue for driving sales and business conversion for many brands.
Our Magento developers have comprehensive knowledge of all Magento ecommerce editions, including Magento 2, Magento Community and Magento Enterprise. We are Google partners with over 12 years of experience in search advertising including Google AdWords and Google shopping formerly known as Product Listing Ads (PLA). We have developed Magento ecommerce projects from small to enterprise in almost any vertical from consumer package goods, high tech, software, health & beauty products, wireless and digital services. Our expertise includes Magento Application Hosting, development, design, marketing, SEO, extension installation, support, modules, marketplaces (integration with shopping feeds), Product Listing Ads (Google PLA), payment systems (Authorize.net, We have developed a white label, fully integrated and complete end-to-end ecommerce marketplace platform suitable for any vertical.
While touching many facets of our daily lives, this advanced technology AI now walks hand in hand with us. With each passing day, we are relying more on it! Our usage of AI-based voice assistants like Siri, Alexa, and Cortana are splendid examples. As time passes more in the future, these VA's will increase, and we will become more accustomed to them! The same is happening in the eCommerce industry, where AI is reshaping it!
Adobe Systems Inc., ADBE 0.00% the elder software-business statesman behind photo-editing software Photoshop and PDF reader, is buying e-commerce firm Magento Commerce for $1.68 billion, adding a key piece to its platform. The acquisition--which would put Adobe head-to-head with the likes of Salesforce.com --presents a revenue opportunity of some $13 billion, Brad Rencher, Adobe's executive vice president of digital experience, said in a conference call Monday, citing market-research firm estimates. Magento, already an Adobe partner, was bought in 2015 from eBay Inc. EBAY -0.08% as part of a $925 million deal by a group of investors that included Permira, Sterling Partners, Longview Asset Management and Innotrac Corp. Permira carved out Magento in November of that year. In 2017, Chinese investment firm Hillhouse Capital invested $250 million in Magento.