In 2019, Artificial Intelligence (AI) will move from hype to delivering transformative benefits to retailers.
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Tag: retail
JDA, Panasonic team up to co-develop integrated digital supply chain tech solutions
The joint solutions will enhance the value chain within a customer’s operations by optimizing production plans, supply and demand prediction, lead times, and store inventory management.
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Digital Transformation in retail could add $272 billion to Asia Pacific’s GDP by 2021: study
The retail industry is expected to add $272 billion to Asia Pacific region’s GDP, or 1.5% CAGR by 2021, should organizations embrace digital transformation initiatives, predicted a new study.
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India owned oil firms select Hughes Jupiter system to enable retail automation
India’s leading state-owned oil companies have selected its Jupiter satellite broadband system to automate retail networking nationwide.
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Automation maturity in India below the global average of 16% : report
Over 40% of businesses have cited that the number one objective behind automation initiatives is to improve quality, and only 23% are looking to gain incremental revenue.
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rue21 selects Manthan’s customer data platform and analytics suite
rue21, a US-based fast fashion retailer, has selected Manthan’s cloud-based solutions for Customer Data Platform, Customer Analytics and Enterprise Retail Analytics
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Manthan in a multi-year enterprise wide analytics deal with Alshaya
Alshaya’s partnership with Manthan will provide the company with complete end-to-end analytics coverage, enabling insight-based decision making across the breadth of its portfolio.
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Kolkata’s E-com startup HyperXchange bets big on $250 million Indian refurbished market
Since its incorporation in February, 2016, HyperXchange has been successful in driving 75% of its traffic from the new and repeat customers combined.
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Digital will influence $4 trillion in retail purchases in Emerging Markets by 2022
Mumbai: The value of digitally influenced spending in emerging markets will approach $4 trillion by 2022, amounting to about 50%
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Over 53% Indian retail firms are ready to embrace adopt AI by 2020 : study
According to the India Retail Report released last September, India has replaced China as the top retail destination. his has led to an increased global participation, with Indian retail space witnessing a number of big ticket deals.
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