Artificial Intelligence in the European Retail Industry

Artificial Intelligence in the European Retail Industry

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:

Sentiment Analysis for Marketing and Product Development - Current Applications

Sentiment Analysis for Marketing and Product Development

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:

AI for Inventory Optimization in Retail

AI for Inventory Optimization in Retail

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.

Will Robots Take Your Job

Will Robots Take Your Job? Be Wary of Messaging from Startups and Enterprises

Something that dawned on me very early on in reading biography and history is that incentives rule the world, that company's, nations, individuals ultimately do things primarily for their own self-interest. And there's nothing inherently wrong with that, but it's important to bear it in mind.

AI for Customer Segmentation and Marketing Campaigns

AI for Customer Segmentation and Marketing Campaigns

Deloitte reported that 42% of questioned executives think AI will be “of critical importance” within two years. We researched the marketing space to discover how and where AI might be driving business value for companies in marketing. Some companies are finding results using AI-powered personalized marketing strategies. 

AI in the Automotive Industry – Insurance and Self-Driving Car Applications

AI in the Automotive Industry – Insurance and Self-Driving Car Applications

Statista estimated that the market for partially autonomous cars will be at $36 billion by 2025, and the market for fully autonomous cars will be at $6 billion. We researched the automotive space to discover how and where AI might be driving business value for companies in the auto industry. The companies in this report all claim to offer one of two sectors of the industry:

AI in the Travel and Tourism Industry – Current Applications

AI in the Travel and Tourism Industry – Current Applications

Deloitte estimated the size of the global travel and tourism industry at around $1.6 trillion in 2017. When adding in the indirect and induced economic contributions of related activities, the travel and tourism industry accounts for 10.4% of the world’s gross domestic product (GDP).

Crowdsourced Machine Vision Training - Use Cases and Explanation

Crowdsourced Machine Vision Training – Use Cases and Explanation

Data is essential when it comes to building machine learning models for business applications. A strong AI strategy is predicated on data that is specific to the business problem a company is trying to solve, as outlined in our recent article: Data Collection and Enhancement Strategies for AI Initiatives in Business. When it comes to executing on that strategy, oftentimes the first thing a company needs to do is collect some or all of the data it will need to build the right machine learning model for its use case.

Document Search and Data Mining in Insurance - Claims Processing, Fraud Detection, and Data Management

Document Search and Data Mining in Insurance – Claims Processing, Fraud Detection, and Data Management

This article was originally written as part of an in-depth AI report sponsored by Iron Mountain, and was written, edited and published in alignment with our transparent Emerj sponsored content guidelines. Learn more about our thought leadership and content creation services on our Thought Leadership Services page.

What Sectors and Applications Will Require New Artificial Intelligence Hardware?

What Sectors and Applications Will Require New Artificial Intelligence Hardware?

Episode Summary: Some businesses are going to require a sea change in the way that their computation works and the kinds of computing power that they're leveraging to do what they need to do with artificial intelligence. Others might not need an upgrade in hardware in the near term to do what they want to do with AI.