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Next generation PIM: how AI can revolutionise product data

#artificialintelligence

The global product information management (PIM) market is estimated to reach $16.5 billion by 2026 from $9.9 billion in 2021. A major contributor to this growth lies in the integration of artificial intelligence (AI) and machine learning (ML) in PIM systems. This combination equips businesses with abilities that range from organising and analysing to translating product data for actionable inputs that can be exercised across channels. It also eases the integration with an intelligent system capable of actioning future data management tasks through knowledge input. Today's modern PIM solutions not only allow enterprises to centralise large volumes of data but also helps improve the quality of information to make it publish-worthy across channels.