Goto

Collaborating Authors

retailer


4 industries that will be transformed by machine learning in 2017

#artificialintelligence

Home » Technology » Applications and development 4 industries that will be transformed by machine learning in 2017 Feature 6 April 2017 Machine learning has become a huge trend in the technology industry in the last few years, as a more accessible side of artificial intelligence, with computers learning to complete tasks without being directly programmed to do so Nick Ismail In 2016 there were many machine learning pilots and trials in the industry, with acquisitions of machine learning start-ups by tech giants. Deep learning, a branch of machine learning that produces efficient algorithms to model high level data, is also becoming mainstream. Self-driving cars Perhaps the most popular application of machine learning in the consumer field of vision is in driverless cars technology. Many of these cars are currently in the testing phase, but the idea of self-driving cars on public roads is in its infancy. As self-driving cars take to the road, it will prove essential that they are able to respond to the situations around them in real time.


How AI and IoT Are Revolutionizing Retail and the Shopping Experience

#artificialintelligence

Thanks to the rise of new technologies, the world we live in today is vastly different from the world we lived in, even just a few years ago. One of the most profound changes the internet has brought about is the rise of the internet of things (IoT). The IoT refers to the network of physical devices connected to the internet that can collect, store, share, and interpret data. With IoT in mind, one of the biggest trends in the tech world is the rise of Artificial Intelligence. The AI technology has been used in everything from computers to medical devices, and it will only become more prevalent in our everyday lives.


Amazon Prime Day 2022: the best deals you can still get

#artificialintelligence

Amazon Prime Day is now over - for July, anyway. According to leaked notices there may be another Prime Day deals extravaganza in Q4 later this year, as we reported earlier, but for now there are still plenty of discounts on everything from TVs to toys, and we've rounded up the best ones here. Jump to section: 1. Today's best deals 2. Amazon device deals 3. Back to school deals 4. TV deals 5. Laptop deals 6. Every choice on our list has been picked out by our expert editorial team here at TechRadar and we stand by our recommendations. We're well aware that everyone is feeling the pressure this year with inflation, gas prices, and many other household essentials becoming more expensive. We've made sure we've included bargains on a range of useful products that won't break the bank, as well as our old favorites like premium TVs. Where applicable, we'll always tell you if a Prime Day deal is at its lowest ever price or not too. Now that the main Amazon Prime Day 2022 sale is over, you no longer need to be a member to take advantage of today's offers. If you no longer want or need to keep your subscription going, make sure you find out how to cancel Amazon Prime while it's ongoing so you aren't charged for another month. With all that covered, let's head on into TechRadar's official list of the best Amazon Prime Day deals of 2022 that you can still buy. Apple Watch SE (40mm, GPS): $279 $219 at Amazon (opens in new tab) Save $70 - On a budget? We highly recommend the Apple Watch SE as the best smartwatch (opens in new tab) as the affordable iOS option. While it doesn't have as big of a screen or some of the advanced ECG and blood oxygen monitoring as the Apple Watch 7, the SE is still a great choice. It still has all those fitness, health, and lifestyle apps that the Apple Watches are famed for. Waterpik Aquarius dental flosser: $99.99 $54.99 at Amazon (opens in new tab) Save $45 - Amazon is currently offering this Waterpik Aquarius dental flosser for just over half price. It was $10 cheaper on Prime Day itself, but a 40% discount still isn't bad. It comes with 10 customization settings, a built-in timer to help you track flossing time and even a massage mode for gum stimulation.


Decomposing your complex AI problem: Hierarchy

#artificialintelligence

Problem worlds often come with an innate hierarchy. Naturally, this may prompt the question: which level(s) of the hierarchy should be modelled? For example, the US Stock Market can be modelled as a whole or at the index level -- think, the Dow Jones, or for individual stocks. In a linear system, the way that the lower levels interact with the upper levels is "linear" or directly correlated. Take the example of an analytics system for business intelligence and reporting -- sales, inventories, etc.


Top 8 Challenges of PoS Testing and Solutions (Backed by AI-driven Quality Engineering)

#artificialintelligence

Elevating the customer experience is the top priority for corporate retailers; thus, it is vital that they investigate all the factors that contribute to it. With things returning to normalcy and relaxed COVID restrictions, retailers are now expecting better store footfalls. One of the essential elements in a retail checkout is a well-developed point-of-sale system or PoS application. What is a POS application? A PoS system combines hardware and software elements to facilitate merchant transactions between retailers and customers.


Kmart halts use of in-store facial recognition amid Australian privacy investigation

Engadget

Retailers in Australia are the latest companies to back away from facial recognition, albeit under pressure. The Guardian reports Kmart and Bunnings have temporarily halted use of facial recognition in their local stores while the Office of the Australian Information Commissioner (OAIC) investigates the privacy implications of their systems. The two chains were trialing the technology to spot banned customers, prevent refund fraud and reduce theft. The investigation started in mid-July, a month after the consumer advocacy group Choice learned that Kmart and Bunnings were testing facial recognition. Bunnings had already paused use as it migrated to a new system.


Data Protection Officer (IT Security & Risk Assurance) Remote

#artificialintelligence

Inspectorio's cloud-based SaaS solution helps brands, retailers, manufacturers, and suppliers manage risk through digitalized quality and compliance programs. Inspectorio aims to build an interconnected, sustainable, and transparent supply chain. Today, Inspectorio is used by over 15,000 people across the globe, including some of the largest brands and retailers in the world. Inspectorio gives brands, retailers, and suppliers the tools to predict areas of high risk and automate risk-based interventions across the supply chain. Inspectorio Products Allow Customers: · Digitize, standardize, and automate quality and compliance activities · Optimize supplier performance management operations · Implement continuous improvement programs · Allocate resources for performance optimization Our Products Inspectorio SIGHT SIGHT allows retailers, brands, suppliers, factories, and 3rd parties to manage all their quality activities in a single platform, with a strong focus on advanced analytics AI & Machine Learning.


What machine learning and rich historical data mean for fraud protection - retailbiz

#artificialintelligence

Fraud is evolving, and many Australian businesses may struggle to keep up with fraudsters who are continuing to find new ways to evade detection and exploit vulnerabilities. In the twelve months to June 2021 alone, the Australian Payments Network found fraud on payment card transactions totalled $490.1 million, an increase of 9.2 per cent from the year before. Further, research from Statista shows that as of 2021, around 1.25 million dollars had been lost in online shopping scams in Australia. For retailers of all sizes, it has never been more important to get ahead and proactively find a solution that helps to stop fraudulent transactions without turning away legitimate customers and limiting opportunities for growth. What your business needs, however, depends on the size of your organisation or the trajectory of growth that you are on.


supply-chain-how-ai-can-help-overcome-the-great-supply-chain-disruption

#artificialintelligence

The chaos at ports continues with no end. A troubling realization is sinking into the mind: The effects of the " Great Supply Chain Distortion" are already being felt throughout the country. For example, 30% of baby formula brands may be out of stock soon. This could cause retailers to limit the number of containers they can sell and leave parents concerned that their children won't get enough food. This issue covers all industries and has an impact on automotive, healthcare IT, hospitality, manufacturing, apparel, as well as other areas.


Digital Transformation Is Changing Supply Chain Relationships

#artificialintelligence

The digital transformation of businesses is creating new products, processes, and services. But to provide these new offerings, companies must share information and assets with each other in ways that were previously off-limits. For example, digitized services may require competitors to share physical assets such as warehouse space. This, in turn, means that companies will need to change the way they forge and manage relationships with other entities in the supply chain to facilitate new types of alliances and agreements. It will require managers responsible for developing supply chain relationships, such as account managers or supply managers, to adopt a boundary-spanning mindset in order to facilitate collaboration, experimentation, and trust across organizational boundaries.