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Visual AI on the edge of revolutionizing retail

#artificialintelligence

"We are laser-focused on continuous improvements to customers' experience across our stores. By leveraging Everseen's Visual AI and machine-learning technology, we're not only able to remove friction for the customer, but we can also remove controllable costs from the business and redirect those resources to improving the customer experience even more." This post was inspired by a recent Kroger article announcing the deployment of visual artificial intelligence (AI) in 2500 stores and new IHL Group edge computing research. Multiple technological trends have been converging for some time and their combination is leading to transformative store operations improving solutions. By 2021, one billion video cameras will be deployed around the world.


Training a custom single class object detection model with Amazon Rekognition Custom Labels

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Customers often need to identify single objects in images; for example, to identify their company's logo, find a specific industrial or agricultural defect, or locate a specific event, like hurricanes, in satellite scans. In this post, we showcase how to train a custom model to detect a single object using Amazon Rekognition Custom Labels. Amazon Rekognition is a fully managed service that provides computer vision (CV) capabilities for analyzing images and video at scale, using deep learning technology without requiring machine learning (ML) expertise. Amazon Rekognition Custom Labels lets you extend the detection and classification capabilities of the Amazon Rekognition pre-trained APIs by using data to train a custom CV model specific to your business needs. With the latest update to support single object training, Amazon Rekognition Custom Labels now lets you create a custom object detection model with single object classes.


Machine Learning in Retail Industry - Zerogons

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With the increasing use of machine learning technology, the retail sector is having a significant impact, they can now boost efficiency and productivity while actively engaging consumers through digital and mobile devices. McKinsey's latest study found that "U.S. retailer supply chain operations that have adopted data and analytics have seen up to a 19 percent rise in profit margin over the last five years". Machine learning comes as a boon for retailers to anticipate customer behavior with a greater degree of accuracy by understanding what products their shoppers are interested in, rather than making intuitive guesses or exhaustive analyses to optimize operations.


Efficient Second Order Online Learning by Sketching

Neural Information Processing Systems

We propose Sketched Online Newton (SON), an online second order learning algorithm that enjoys substantially improved regret guarantees for ill-conditioned data. SON is an enhanced version of the Online Newton Step, which, via sketching techniques enjoys a running time linear in the dimension and sketch size. We further develop sparse forms of the sketching methods (such as Oja's rule), making the computation linear in the sparsity of features. Together, the algorithm eliminates all computational obstacles in previous second order online learning approaches. Papers published at the Neural Information Processing Systems Conference.


Spark Project (Prediction Online Shopper Purchase Intention)

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Once a user logs into an online shopping website, knowing whether the person will make a purchase or not holds a massive economical value. A lot of current research is focused on real-time revenue predictors for these shopping websites. In this article, we will start building a revenue predictor for one such website. In this Data Science Machine Learning project, we will create a Real-time prediction of online shoppers' purchasing intention Project using Apache Spark Machine Learning Models using Logistic Regression, one of the predictive models. Databricks lets you start writing Spark ML code instantly so you can focus on your data problems.


Udemy Black Friday Sale 2019: Best Programming Courses At Just $9.99!

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Just like every year, Udemy's Black Friday sale is back once again with new courses at unbelievably low prices. Besides heavily discounted Cybersecurity and Hacking courses, you can buy programming courses that will teach you the fundamentals of computer programming from scratch. There are thousands of courses up for grabs in the Udemy Black Friday 2019 sale. Be it Web Development, App Development, Game Development, Database management, or simply learning programming languages like Python and Java, you'd find courses on every concept you are seeking to learn. The Udemy Black Friday 2019 sale ends on November 29 at 11:59 p.m. PST.


Amazon Go Looks To Expand As Checkout-Free Shopping Starts To Catch On Across The Retail Landscape

#artificialintelligence

The success and fast expansion of Amazon Go has led other retailers and venues to seek startup help ... [ ] for their own cashierless checkout-free stores. On Amazon's jobs site, a keyword search query for Amazon Go yielded 3,500 results, seeking to fill positions manning the cashierless stores and looking for a head of marketing for the concept and a wide variety of engineers and program managers. Meanwhile, six months after the first Amazon Go opened in New York in May, six stores are in operation in the city, including four located less than a mile from one another in Midtown Manhattan. Two more are scheduled to open soon in the city. Those job postings and the fact that Amazon Go is cropping up in busy commercial sections of New York are just the latest signal of the Seattle giant's ambition to further expand its Just Walk Out Shopping concept, which features in-house-built computer vision, sensor fusion and deep machine learning technologies similar to those used in self-driving cars.


The global market demand For AI in IoT is Growing Worldwide…

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AI plays a significant role in monitoring, production development, industrial applications, and analytics, among others in several business environments. Further, with the rising number of IoT-based devices, the need to effectively process the enormous real-time data generated from connected devices to reduce downtime and maintain costs drive demand in the AI in IoT market. The two technologies together are projected to offer futuristic opportunities in several industry verticals such as retail, transport, and healthcare. Moreover, IoT-based sensor data is gaining prominent attention among researchers in healthcare, information science, and bioinformatics domains, government policy, and decision-makers, and enterprises as players seek to tap the potential of the colossal data stored by sensors. Implementation of Machine Learning and Deep Learning Technologies to Develop Digital Ecosystems: The pervasiveness of IoT, owing to the integration of functions with AI, offers significant opportunities for the development of digital ecosystems.


Machine Learning on AWS

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AWS pre-trained AI Services provide ready-made intelligence for your applications and workflows. AI Services easily integrate with your applications to address common use cases such as personalized recommendations, modernizing your contact center, improving safety and security, and increasing customer engagement. Because we use the same deep learning technology that powers Amazon.com and our ML Services, you get quality and accuracy from continuously-learning APIs. And best of all, AI Services on AWS don't require machine learning experience.


Strategies for Retailers To Drive AI While Keeping Customers Top of Mind

#artificialintelligence

According to recent data, the majority of retailers think artificial intelligence (AI) will be a competitive necessity in the next few years. This comes as no surprise, with the expansive list of benefits that AI brings to the retail industry, including improved customer experience, reduced operational costs and increased efficiency. As retailers are rushing to realize the benefits of AI and machine learning technologies in tandem with customers expecting a top-notch in-store experience across all touchpoints, the challenges with adoption are becoming apparent. At some point, whether online or in-store, consumers will want to speak with a live person. When it comes to integrating technology into the retail experience, there will inevitably be a time when it makes more sense for a customer to speak with someone face-to-face or on the phone.