AI Articles and Analysis in Consumer goods

As far back as 2018 when we surveyed over forty banking industry leaders to discover the biggest issues with AI adoption, enterprise culture was already emerging as top of mind. Since then, we have found similar frustrations around enterprise culture in every industry. More than lack of data science talent, lack of appropriate culture serves as the largest and most consistent barrier to adoption.

This article has been sponsored by iMerit Technology and was written, edited, and published in alignment with Emerj’s sponsored content guidelines.

This article has been sponsored by IBM, and was written, edited, and published in alignment with Emerj’s sponsored content guidelines.

Nike was founded as Blue Ribbon Sports in 1964 and originally operated as a distributor for athletic shoes made by a Japanese firm. By 1971, Nike sold its own line of shoes and began using the company’s iconic Swoosh design. By the time Nike went public in 1980, the company had achieved a 50% market share in its domestic athletic shoe market.   

Square is a financial services company that aims to “build common business tools in unconventional ways so more people can start, run and grow their businesses.” Founded in 2009 in San Francisco by Twitter Co-Founder Jack Dorsey and Jim McKelvey, Square reports total net revenue of $9.5 billion for 2020.

Amazon is the largest online retailer in the world by market cap. Founded in 1994 in Seattle, Washington, as a book-selling platform, Amazon has become a household name offering a wide variety of products and services. As of 2020, online retail product sales account for most of the company's net revenues, followed by third-party retail seller services, Amazon Web Services, and subscription services.

Sam Walton opened his first Walmart in Rogers, Arkansas in 1962, capitalizing on his twelve years of success running Walton's 5&10 in downtown Bentonville seven miles down the road. Walton founded his company on the idea that retail could succeed by offering great value and great service. His competitors thought his idea was doomed to fail. Today, almost sixty years later, Walmart has transformed itself into a multinational corporate supergiant ranked as the largest company in the United States by gross sales in 2020, according to the Fortune 500.

Founded by Steve Jobs, Ronald Wayne, and Steve Wozniak in 1976, Apple is a global technology corporation specializing in consumer devices, software, and online services.