Retailers use AI in sales and marketing, but still there’s untapped opportunities across functions

Mumbai: Capgemini Research Institute’s new study has dispelled some of the mystique around AI’s value to retail businesses and revealed a path to tangible growth opportunities. Capgemini calculates a $300 billion+ opportunity for those retail companies that are able to scale and expand the scope of their existing deployments. However, it is not straightforward – the report also found that just 1% of use cases by retailers have achieved this level of deployment today. The study, “Retail superstars: How unleashing AI across functions offers a multi-billion dollar opportunity“, looked at…

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Robotics startup GreyOrange raises $140 million Series C funding from Mithril Capital

The new funds will enable GreyOrange to fulfill its vision of developing and deploying intuitive, flexible and scalable solutions for end-to-end automation across the supply chain, from factories to fulfillment centers, and beyond

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Adopting smart digital technologies vital for manufacturing firms: GlobalData

Smart manufacturing, which is the automation of the manufacturing sector, includes the convergence of operational technology (OT) such as SCADA, industrial control systems and connected devices with information technology (IT).

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