Founded in 2008 by business school friends Robert Gentz and David Schneider, German-headquartered "etailer" Zalando is as much of a tech company as it is a retailer. One reason the company can provide a personalized user experience to its 27 million customers is because of the way it uses artificial intelligence (AI) and machine learning just like the other 28 percent of retailers who used artificial intelligence in 2018. Here are only a few of the ways Zalando uses machine learning and artificial intelligence today. One of the ways Zalando uses technology to improve the user experience is through its Algorithmic Fashion Companion (AFC), a digital outfit recommendation tool that can generate outfit recommendations in real-time. The algorithm's recommendations are based on products that the customer has put in their "wish list," expressed interest in or purchased before.
Bellevue, Wash., located in the Seattle metro area, is undergoing a citywide review of near-miss incidents involving pedestrians, cyclists and other cars. Using images from its closed circuit video network, as well as high-level analytics and machine learning, the city wants to understand which streets and intersections are the most dangerous, and how they might be made safer. Bellevue is partnering with the group Together for Safer Roads (TSR), which represents a coalition of private-sector companies, including Brisk Synergies, to conduct a comprehensive near-miss study from August to September where roughly half of the city's network of 80 public video cameras will be used to gather some 34,000 hours of footage representing about 21 terabytes of data. The data will be processed by Brisk using artificial intelligence and machine learning to gain insights into "near-miss" incidents. "This is the first network-wide traffic safety monitoring assessment of its kind," said Franz Loewenherz, principal transportation planner for Bellevue.
As brick-and-mortar retailers continue to struggle against online competitors, some are seeking out services that leverage big data and personalization to increase e-commerce sales. "During the rise of big data, it was said that data was the new oil," Brian Solis, principal analyst at Altimeter, told TechRepublic. "In an era of AI and machine learning however, personalized data is the new competitive advantage and will only become standard CX on the horizon." Indeed, 72% of retailers reported that AI will be a "competitive necessity" in the next five years, according to a recent Oxford Economics survey. One such tech option for retailers looking to fight off the competition is uSizy, a recommendation technology for fashion apparel and footwear businesses, which unveiled its latest product, uSizy Smart Business, on Wednesday.
The AI and ML deployments are well underway, but for CXOs the biggest issue will be managing these initiatives, and figuring out where the data science team fits in and what algorithms to buy versus build. Pure Storage launched a bevy of artificial intelligence tools, including the AI Data Hub, which are designed to meld storage and AI workflows from design to deployment. The storage company said it co-developed the AI Data Hub with Nvidia to break down the data silos that hamper analytics and model development. Storage vendors have been increasingly focused on AI workloads and managing data workflows instead of just storing it. Pure has been using its AI-Ready Infrastructure (AIRI) and expertise in solid-state storage via its Flashblade infrastructure to grab next-gen workloads.
Joining Capco means joining an organisation that is committed to an inclusive working environment where you're encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It's important to us that we recruit and develop as diverse a range of talent as we can. We believe that everyone brings something different to the table – so we'd love to know what makes you different. Capco is a global technology and business consultancy, focused on the financial services sector.
More organizations are adopting artificial intelligence (AI). Fourteen percent of global CIOs have already deployed AI and 48% will deploy it in 2019 or by 2020, according to Gartner's 2019 CIO Agenda survey. "While adoption is increasing, some organizations are still questioning the business impact and benefits. Today, we witness three barriers to the adoption of AI," says Brian Manusama, Senior Director Analyst, Gartner.
"Nobody, nobody – not now, not ever – knows the least goddam thing about what is or isn't going to work at the box office." Fast forward five years, a show based on real lives of women prisoners shook up the world of television. Dark humor, Sci-fi, Comedy, and a diverse cast – you got that right. A company that started off with a DVD rent-by-mail website is the 10th largest internet company by revenue across the globe today. Back in 1997, a man whose resume highlighted'software geek' and'movie'buff' rented Apollo 13 from Blockbuster (the biggest video-rental chain then).
Artificial intelligence (AI) is a buzzword that most business owners have already heard of, even if they haven't researched the technology deeply. AI has the potential to change the face of business in fundamental ways. Because of its innate flexibility, AI presents a wide range of potential applications that almost any business can leverage to make itself more efficient. There are already companies that have started using AI to make their processes more productive and reduce their costs for both material sourcing and labor. Thirteen experts from Forbes Technology Council take a look at how the smartest business owners of today are employing AI and how it helps those businesses succeed at what they do.
Every day, there is a new report, news item, scientific publication where some company or the other, some research team, some start up claims to have launched a product built with Artificial Intelligence, or to have achieved a breakthrough in this field, or promises a new product which will change the entire field. Unfortunately, the term Artificial Intelligence or AI for short, has to be the most over abused term by scientists, computer programmers, start up entrepreneurs and the tech media alike. It is still in close competition with the term Big Data, though. My name is Sukhbir Benipal and i am the founder and creator of the e commerce search engine benipal.com, I have been working in this field for over 5 years and tried endlessly, at various points even believing i had a breakthrough, until one day when Hurricane Sandy hit Manhattan, and with no power, heat or running hot water, finally realizing i was so wrong, on all counts.
Some people think that "sustainable eating" means shopping exclusively at over-priced chains like Whole Foods but we're here to shut that myth down with two words – Almazan Kitchen. Who knew that a couple of Serbian guys cooking organic food in a forest with their pet owl could generate nearly 20 million views for a single video? Serbia is just one of many countries found in Central and Eastern Europe (CEE), a region that consists of relatively small countries that gained independence after the collapse of the Soviet Union around 1989. As these countries transformed into democratic states with capitalistic economies only 30 years ago, they had to overcome unique handicaps compared to more developed nations in Western Europe – like no organic grocery stores. Still, most of the region has registered rapid GDP growth over time that was only slowed by the global financial crisis of 2008.