5 Ways Retailers Use Artificial Intelligence
As e-commerce threatens more and more brick-and-mortar retail stores, artificial intelligence (AI) in retail is taking centre stage in order to keep both sides competitive….
As e-commerce threatens more and more brick-and-mortar retail stores, artificial intelligence (AI) in retail is taking centre stage in order to keep both sides competitive. Consumers in our digital age are constantly looking for convenient and personalised products and services. AI solutions are assisting retailers in aligning their offerings with their customers’ changing expectations.
The disruptive impact of AI in retail is visible throughout the value chain, and it is emerging as a powerful tool for retail brands to gain a strategic advantage over their competitors. According to Tractica, global AI revenues will increase to more than $36.8 billion in 2025.
If your company is thinking about implementing AI, you should understand and learn how other retailers have used it to offer disruptive solutions. Our infographic here shows 5 popular ways retailers are using AI:
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