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Artificial Intelligence in Retail

Artificial Intelligence has changed the Retail industry in recent years. It has helped retailers improve demand forecasting, make pricing decisions, and optimize product placement
Artificial Intelligence in Retail

Artificial intelligence is reinventing the retail landscape. From using computer vision to customize promotions in real time to applying machine learning for inventory management, retailers can harness AI to connect with their customers and operate more efficiently

You might use AI in CRM software to automate marketing activities, or predictive analytics to identify which customers are likely to buy certain products. The cloud enables AI workloads that require volumes of data from many different sources to be stored and processed. Some examples of cloud retail workloads are demand forecasting machine learning and online product recommendations

Source- https://www.researchgate.net/profile/Virbahu-Jain-2/publication/331792374/figure/fig4/AS:736856937345026@1552691792407/AI-in-Retail-Industry-from-Data-Science-Central-2016.png

There are countless benefits that can be credited to artificial intelligence in retail business such as captivating customers, synchronizing offline and online retails, empowering flexible logistics network and many more.

Read More about How AI is changing Retail?

Artificial Intelligence: How AI Is Changing Retail
AI in retail has empowered businesses with high level data and information that is leveraged into improved retail operations, learn how you can too
Source- https://global.hitachi-solutions.com/blog/ai-in-retail

#AI #ML #Retail #Probyto #ProbytoAI

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