The e-commerce systems are being tackled from commerce behavior and internet technologies. Therefore, trust aspect between buyer-seller transactions is a potential element which needs to be addressed in competitive e-commerce industry. The e-commerce industry is currently handling two different trust approaches. First approach consists on centralized mechanism where digital credentials/set of rules assembled, called Policy based trust mechanisms . Second approach consists on decentralized trust mechanisms where reputation, points assembled and shared, called Reputation based trust mechanisms. The difference between reputation and policy based trust mechanism will be analyzed and recommendations would be proposed to increase trust between buyer and seller in e-commerce industry. The integration of trust mechanism is proposed through mapping process, strength of one mechanism with the weakness of other. The proposed model for integrated mechanism will be presented and illustrated how the proposed model will be used in real world e-commerce industry.

With its breakthrough generative AI technology, Nextech3D.ai is poised to revolutionize 3D modeling applications, particularly in the fast-growing e-commerce industry, and emerge as a leader. The recent advent of ChatGPT, a sophisticated chatbot and trained language model, revolutionized the world of AI, bringing its vast potential and attention to the collective forefront of users and investors. AI-powered product offerings explicitly focused on 3D modeling for e-commerce serve a massive Total Addressable Market (TAM) and Serviceable Addressable Market (SAM). The estimated market size of the 3D modeling for e-commerce space is around $100 billion within the $5.5 trillion global e-commerce industry. With its suite of innovative products, Nextech3D.ai is already a preferred 3D model supplier for the e-commerce behemoth Amazon's private label products.

The E-commerce business has been on a steep growth curve for the past two years, with several variables impacting its various sectors, as well as the industry as a whole. Artificial Intelligence (AI), in conjunction with machine learning, computer vision, and reinforcement learning, has become inextricably linked to the day-to-day operations of an E-commerce company. According to a Statista survey, 70% of eCommerce decision-makers believe AI would improve their business, and more than 51% said it is something they are actively working on to help their company develop. In a short period of time, AI has had a major influence on the E-commerce business, with learning technologies and algorithms becoming the core of the websites and platforms that host the items offered online.

Big data, as the name suggests, are large volumes of data that contain a variety of data that travel in high velocity. Big data are bound to contain dirty data as it is collected from various sources that are raw or unprocessed. Data preprocessing is the process of transforming raw data to an understandable format which is ready for analytical uses. Machine Learning is an artificial intelligence subset and an analytical application that is used to make decisions without programming by receiving and analyzing data. E-commerce industry is the industry which revolves around the application of technology into commercial businesses.

The outbreaks of the coronavirus pandemic and digital transformation have created ample opportunities for the retail and e-Commerce industry across the world. The ever-changing industry is allowing retailers, merchants, business people, and many more to enhance e-Commerce businesses to meet customer satisfaction by leveraging advanced AI innovations and technologies. Multiple retail and e-Commerce companies are harnessing smart functionalities of artificial intelligence with a diverse range of products and services including smart payments, seamless transactions, fast delivery, and many more through online mode. Virtual Trial Rooms: Virtual trial rooms are emerging as one of the top AI innovations in the retail and e-Commerce industry that digitally manage customer tastes and preferences of apparel. It is developed with the integration of artificial intelligence and augmented reality to increase customer engagement in this industry.

Artificial intelligence has made rapid progress over the past decade. It is no longer a piece of fiction but has taken commonplace in people's daily lives whether they realize it or not. Research conducted by Shanhong Liu showed that the worldwide revenue for the AI market was around 281.4 billion U.S. dollars in the year 2020. From SIRI to Alexa, artificial intelligence is present almost everywhere. AI has already changed the world in many ways and, it will continue to do so in the upcoming years.

Co-Founder & CEO of Agara, driving autonomous conversations and helping top brands connect with customers using voice AI to improve CX. Over the last decade, it has become hard to imagine retail without e-commerce, thanks to the endless digitalization of everyday activities and the unprecedented use of mobile devices. More than 2 billion people made online purchases in 2020, and e-retail sales totaled over $4.2 trillion globally. Close to 70% of all retail website visits in 2020 were made from smartphones. Mobile integration is shaping the shopping experience of the world.

This is very important for a business to have an e-commerce platform to compete with the giant -- Merchandise of online vendors. In the competitive marketplace, if your business is not able to make a remarkable appearance online. You may get left behind. A transformed and revolutionized face of technology has brought us into the digital era where we are more into gadgets, social media, and the internet like never before. Before the pandemic, life was going smoothly.

The retail sector has witnessed a huge change since the turn of the century. What once was considered a hit is no more in vogue or even makes sense. The way people shop has seen a swift shift and organizations that really want to stay at the top of their game better shift as swiftly. There are multiple factors which are influencing this wave of change. To help businesses stay afloat and thrive, we bring to you this blog on RPA use cases in retail and E-commerce industry, which will help you understand why your business needs the expert assistance of RPA or robotic process automation today.

As it has in many other Industries, artificial intelligence has become a core component of e-commerce. Going forward, it's believed that AI and natural language understanding technologies in particular will find many new applications in the industry. E-commerce is a fast-growing industry. In 2017, global retail e-commerce sales reached US$2.3 trillion, and e-retail revenue is expected to grow to US$4.88 trillion in 2021. The world's continuous digitalization and informationization gives e-commerce a lot of room for development.