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Akeneo aims to transform the retail playbook with AI and data consistency

CIO

Australian retailers have spent much of the last few years buffeted by economic challenges. A rebound is on the horizon, which means a substantial opportunity for growth for those retailers that can get ahead of the curve. Many retailers are looking to AI for that competitive advantage.

Retail 396
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Big Data: The Technology Behind Retailers Success

Smart Data Collective

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Key advantages of big data in retail. Source: Statista. Staying on top of trends.

Retail 362
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Major Trends Involving Artificial Intelligence in Retail

Smart Data Collective

AI has become incredibly important for the retail sector. This is partly because the industry must take measures to avoid collapsing in the wake of new competition from online retailers. It is believed that the retail sector will irreversibly decline in the future. Major AI Trends in Retail. In the U.K.,

Retail 356
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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 284
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Think you can ignore quantum computing? Think again.

CIO

In 1994, American mathematician Peter Shor developed quantum algorithms to factor integers and solve the discrete logarithm problem. When run on a big enough quantum computer, these algorithms will be able to crack all the public key crypto systems we rely on today for privacy. The impact will be felt globally.

Algorithm 526
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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. We took Omniverse and created synthetic data to train those algorithms even further for higher accuracy.”

Loss 284
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7 famous analytics and AI disasters

CIO

Insights gained from analytics and actions driven by machine learning algorithms can give organizations a competitive advantage, but mistakes can be costly in terms of reputation, revenue, or even lives. AI algorithms identify everything but COVID-19. The algorithm learned to identify children, not high-risk patients.

Algorithm 545