New paradigms in retail with AI and big data

  • 19/June/2020
  • Amita C.

New Paradigms in Retail with AI and Big Data:


With Big Data Analytics and Artificial Intelligence tools, the retail industry is changing its approaches to various facets of its operation. While the big brands are the leaders in trying out many innovative technologies, even small retail businesses are investing in these to reap the potential benefits.

Contents
1.Big Data and AI
2.Big Data Analytics
3.Customer Experience
4.Inventory
5.Pricing Strategies
6.Artificial Intelligence Applications
-Robotics
-Virtual Reality and Augmented Reality (AR/VR)
-Chatbots
-Dynamic Catalogs
-Virtual Assistants for Online Shopping
-No Checkout Shopping