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How Artificial Intelligence Can Help Retailers to Maximize Profits – Dealerscope

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The system uses machine learning, which analyzes statistics and probability, to make predictions about shopper trends based on the large data …


CTA Gears Up for An Expanded CES Amid Tariff Concerns - Dealerscope

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The Consumer Technology Association (CTA) gave a preview of its 2020 CES in a press event last week in New York City, where Association executives talked up category coverage expansion, a planned Las Vegas Convention Center expansion, and the challenges the industry faces while trying to navigate its direction within the context of fluid trade policies. Karen Chupka, executive vice president of CES, noted that the convention space addition was on track for CES 2021 and that the show currently attracts 61 percent of the top 500 global brands. And while the lion's share of the 4,500 exhibitors and 1,200 startups in the Eureka Park are consumer electronics companies who show their wares, the show is deepening its coverage of a host of CE-related categories. These include vehicle technology, data and analytics, artificial intelligence, digital health, smart cities, sports tech, and travel and tourism – the latter, with a new, dedicated exhibit space and the scheduling of Delta CEO Ed Bastian as a keynoter. CTA President and CEO Gary Shapiro alluded at this event in his remarks to fluctuations in trade policies that are top of mind for both his vendor members and the dealers who visit the show every year.


Chinese Retail Giant Suning Unveils Artificial Intelligence Strategy at CESa - Dealerscope

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Virtual reality and artificial intelligence products took center stage at this year's International Consumer Electronics Show (CES), the platform where the world's trends in scientific and technological innovations are put on display, with companies from China, which accounted for one third of the leading exhibitors at the event, visibly demonstrating their newfound stature. Suning also hosted the "China Innovation North America Summit Forum", giving 3C (computers, communications and consumer electronics) home appliance makers around the world a presentation on how to fast track their products into the Chinese market. The organizer of the exhibition was extremely complimentary in his comments about Suning. In a chat with Suning's exhibition team, Consumer Technology Association president and CEO Gary Shapiro said CES is a platform that connects all the participants in the world of high tech, while Suning is an important sales platform for innovative technological products and services, and, as a result of the role that Suning plays, he looks forward to seeing further cooperation between the two parties. Executive vice president of IT at Suning Commerce Joshua Xiang explained: "With the success of its transition to e-commerce, Suning plans to introduce intelligence into the retail industry as a new driving force for the further development of online retail".


LG Pushes Smart Home Appliances to Another Dimension with Deep Learning Technology - Dealerscope

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To advance the functionality of today's home appliances to a whole new level, LG Electronics (LG) is set to deliver an unparalleled level of performance and convenience into the home with deep learning technology to be unveiled at CES 2017. LG deep learning will allow home appliances to better understand their users by gathering and studying customers' lifestyle patterns over time. This process never ends and improves over time to provide customers with new solutions to everyday problems. Using multiple sensors and LG's deep learning technology, LG's newest robot vacuum cleaner will recognize objects around the room and react accordingly. By capturing surface images of the room, the intelligent cleaner remembers obstacles and learns to avoid them over time.