We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Artificial intelligence (AI) is demonstrating its ability to stimulate growth in both digital and nondigital native businesses. According to Deloitte, businesses across sectors are using AI to create business value. From streamlining data analytics to improving customer experiences, AI offers several benefits for businesses. When AI is integrated into an organization's core product or service and business processes, it's at its most beneficial.

In AI implementation, organizations grapple with scaling issues. Advancing investments from the pilot stage into business critical processes is challenging, due to constraints in accessing talent and organizational culture pitfalls. But given the threats the retail industry faces -- consumers pulling back on spending and inventory challenges -- digital is imperative. H&M "must act quickly to improve its online proposition globally" as it adjusts to shifting shopping habits everywhere, analyst firm GlobalData said in a research note. This year, H&M already planned to open fewer stores as it expanded digital operations globally.