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The next thing in e-commerce is creating content using artificial intelligence

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This is according to Liat Zakay, Director of Strategic Growth EMEA at Shopify, who was speaking at the Google and Calcalist E-commerce Conference.


The Download: India's delivery apps, and covid vaccines for young children

MIT Technology Review

From 7 a.m. until well past dusk, seven days a week, N. Sudhakar sits behind the counter of his hole-in-the wall grocery store in the south Indian city of Bangalore. It's a carbon copy of the roughly 12 million family-run "kiranas" found on almost every street corner in India. The shop is on a busy street in the Whitefield district, formerly a quiet suburb but now a major hub for the city's booming IT industry. Apartment blocks loom behind his shop, housing hundreds of workers employed in the tech parks that dominate the surrounding area. These days, the same technology industry that helped Sudhakar's business thrive is presenting stores like his with a new challenge.


How to make money from NFTs without selling them

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Do you feel bad about the current cryptocurrency and NFT market? But there is a plan. This whole period can be turned into a very profitable activity. There is no need to call or persuade anyone to order something, then participate in the pyramid and end up disappointed. Creativity is the essential ingredient.


Pinterest acquires AI-powered shopping startup The Yes, co-founded by former Stitch Fix exec – TechCrunch

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As Pinterest sets its eyes on improving the online shopping experience on its platform, the company announced this afternoon it's acquiring the AI-powered shopping service for fashion known as The Yes, founded by e-commerce veteran and former Stitch Fix COO Julie Bornstein and technical co-founder, Amit Aggarwal. Deal terms were not disclosed, but the acquisition will help to establish a new strategic organization within Pinterest to help drive the company's shopping efforts, including the development of features for both shoppers and retailers, the company says. The Yes arrives at a time when Pinterest is attempting to navigate a shift in how people shop online. While users once relied on Pinterest's pinboard of images to find inspiration, today, they're more drawn to creator content, video and highly personalized feeds. The Yes may be able to help with the latter, given the technology it runs under the hood.


Leviton Selects Esker Cloud Solution to Automate Its Order Management Process

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Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, announced that Leviton Manufacturing Co., Inc. ("Leviton"), America's most widely used electrical wiring device brand, is automating its order management process with Esker. "In terms of scalability as a cloud solution, its integration with Oracle and the AI capabilities built into the system, Esker was identified as a clear match for our priorities moving forward" Leviton offers a full portfolio of electrical devices including smart switches and dimmers, outlets, fiber and copper cabling systems, lighting products and more. To expand its growth and continue to pursue opportunities in new markets, Leviton initiated a review of its internal business operations for modernization opportunities. This facilitated the company to replace its legacy ERP with Oracle E-Business Suite (EBS) ERP solution; however, its digital transformation efforts were just beginning. Most recently, Leviton determined a need to update its order management process as well -- with Esker's Order Management solution proving to be a good fit.


AI In Fintech Market to be Worth $41.16 Billion by 2030: Grand View Research, Inc.

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The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. Artificial intelligence (AI) is widely used in financial organizations to improvise their precision levels, enhance their efficiency and instant query resolving through digital banking channels. AI technology like machine learning can help organizations raise their value by improving loan underwriting and eliminating financial risk. Organizations are also using it to build more robust fraud detection and prevention systems and help accelerate risk assessments and fraud detection. Get more Insights from 100-pages market research report, "Artificial Intelligence In Fintech Market Size, Share & Trends Analysis Report By Component (Solutions, Services), Deployment (Cloud, On-premise), By Application (Fraud Detection, Virtual Assistants), And Segment Forecasts, 2022 - 2030", published by Grand View Research. The AI in fintech market is expected to increase in the coming years due to advancement in technology that is boosting financial service providers' business processes.


E-Commerce Customer Churn Prediction - Analytics Vidhya

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This article was published as a part of the Data Science Blogathon. Customer churn or attrition is one of the most crucial problems for any business that directly sells or serves customers Be it Telecom service providers, eCommerce or SaaS businesses it is important to track and analyse how many customers are leaving the platform and how many are sticking and the reasons behind them. Knowing customer behaviour can greatly enhance decision-making processes and can further help reduce churn to improve profitability. In this article, we are going to analyse an eCommerce dataset and find the best model to predict customer churn. But before delving into analysis let's have a brief look at what is churn Customer churn can be defined as the rate at which customers leave a platform or service.


All About Restaurant Recommender - Analytics Vidhya

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This article was published as a part of the Data Science Blogathon. Now imagine the last time when you wished to order some clothes and what you were aware of is that you wish to get a shirt/top with polka dots as they were in fashion but once you are on amazon you struggle in finding the best design as there may be more than millions of polka dot pattern shirt in that case what you prefer is scrolling to recommended part and 40% of times you end up ordering items from recommended tabs. So this problem accounts for major purchases in e-commerce and e-content-based apps, not just these 2 the list goes on and on. This case study is built on datasets provided by www.akeedapp.com It allows customers in Oman to order food from their favorite restaurants and have it delivered to their address.


How Meta Gives Its Investors an Edge Despite Growing Competition

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In Meta Platform's (FB -3.82%) most recent earnings report, there were some signs of a pullback with net income down year over year and more competition has played a part. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on May 24, Fool.com contributor Jose Najarro discusses how the company's investment in artificial intelligence is encouraging for the business going forward. Jose Najarro: First if we take a quick look, Meta Platforms for their financial results total revenue was $27.9 billion dollars. That was up 7% year over year. Again, this is a company that was probably growing at strong double digits and now we're seeing a bit of a pullback.


Singapore officially launches digital platform to ease supply chain data flow

ZDNet

Singapore has officially launched a centralised data platform that it says will streamline information flows across a fragmented global supply chain. The data exchange already has garnered at least 70 participants that include logistics operators, banks, and energy companies. Called Singapore Trade Data Exchange (SGTraDex), the common data platform was first introduced in November 2020 as a pilot that aimed to improve data efficiencies in container flow and financial processes. The project is led by Alliance for Action (AFA) on Supply Chain Digitalisation, one of seven industry groups the government had established to identify and prototype new ideas to drive the local economy. The other alliances focus on key growth areas such as robotics, e-commerce, and environmental sustainability.