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Leaning into Retail’s Challenges with Digital Transformation

CIO

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. And online ordering accelerated.

Retail 544
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AI Technology is Essential for Online Fraud Prevention

Smart Data Collective

One particular scam called fraudulent Buy Online Return In-Store (BORIS) is thought to have cost retailers a staggering $1.6 This dedicated squad operates entirely in the online world, building algorithms that make online purchases safe and limited the losses that can come through fraud. billion last year. Making Use of Big Data.

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Bots and beyond: How the AI revolution is shifting the paradigm for customer experience in smart banking

CIO

Creating a first-rate, secure digital customer experience is a top goal for leaders across the financial services spectrum, from retail banking to commercial lending, investment banking, and wealth management. One quick win, Nilendu says, is digitizing as many paper processes as possible.

Banking 370
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5 ways to maximize your cloud investment

CIO

For example, retail sites typically have times when very few people shop. For example, if a cloud vendor hosts a data lake that requires operational technology data to synchronize and feed back into a decision algorithm on the production line, we measure latency. But for other tools where latency isn’t critical, we don’t measure it.”

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Unlock the Future of Retail with AI Pricing: How Engage3 Leads the Way

Engage3

In the evolving retail industry, success hinges on making data-driven decisions at the right time. Engage3 is revolutionizing how retailers acquire, validate, and act on competitive data, helping them optimize their pricing strategies and stay ahead of the competition. Are you investing in the right products to win customer loyalty?

Retail 52
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Top Down, Bottom Up or a Bit of Both? Process and Deployment Considerations for AIOps

CIO

This technique leverages the power of sophisticated algorithms to capture human insights into how your whole IT estate behaves – not just when everything is running smoothly, but what behaviors are early warnings of potential crashes. I recommend the unified approach, which will facilitate integration points and the adoption of ML algorithms.)

Knowledge 367
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Expert tips for hiring (and retaining) data scientists

CIO

And that’s true in every industry, from healthcare to agriculture, to retail, manufacturing, finance, and beyond. The CIO also noted that Oshkosh focuses on groundbreaking technology for leveraging data to optimize its business , winning a prestigious CIO 100 Award , which honors companies for using IT in innovative ways, four years in a row.

Education 370