Consumer goods
Explore articles and reports related to artificial intelligence in consumer goods, including coverage of electronics, fashion, retail, and more.
AI Articles and Reports in Consumer goods
Explore articles and reports related to artificial intelligence in consumer goods, including coverage of electronics, fashion, retail, and more.
How AI Will Become More Accessible to Retailers
The business world has been talking about AI for several years now, and it's safe to say that it's reached a certain cultural moment among executives in areas like banking, insurance, and pharma. Government leaders have been much slower to start the conversation around the capabilities of AI, including the possibilities they offer to militaries and the ethical implications of AI when it comes to governance and the legal system.
It seems that the majority of AI solutions for payment processing are focused on fraud detection and prevention. Some companies claim to offer straight through processing software as well. Below, we detail four companies that all claim to offer artificial intelligence to banks and payment processors looking for solutions in two key areas:
Accenture forecasts that the retail industry could grow operating profits to $2.95 trillion by 2025. We've covered AI in retail extensively on Emerj, and in this report, we dive into the Asian startups that are offering AI solutions to retailers. Asian AI vendors seem to offer retailers solutions for marketing, sales, operations, and making purchases easier, among other areas.
Case Studies in Consumer goods
Adore Me Case Study: Lingerie Brand Utilizes Machine Learning for One-to-One Marketing
Medical Supply Company Automates HIPAA Compliant Call Center Tasks
The Department of Homeland Security Uses AI-Enhanced Entity Resolution for its Global Travel Assessment System (GTAS)
Automotive Repair Equipment OEM uses AI to Monetize Repair Service Data
Forrester estimated that online sales in Western Europe will grow at an average of 11.9% annually until 2022. Over this period, 21% of non-grocery retail sales will be online. We see AI as continuing to find its way into the retail industry. This report specifically focuses on innovation in the European retail industry. In it, we cover vendors offering AI software across three applications:
There are several companies claiming to offer AI-based sentiment analysis solutions to companies, specifically their marketing and product development departments. In fact, some of the largest tech companies are offering these solutions to medium and large enterprises. We found these solutions are intended to help companies with at least one of the following business problems:
Episode Summary: This week we talk to Alejandro Giacometti, the data science lead at a company called EDITED, based in London. The company claims to help retailers with inventory optimization, and we speak with Giacometti about how artificial intelligence can be used to search the web for the product clusters and individual products of major retailers to help inform other retailers on which products might be popular.
