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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Video and visual analytics ensure that trucks are filled before they leave the warehouse or distribution center, consolidating deliveries into fewer trips. With 5G-enabled smart mirrors, a person can virtually try on apparel. Sensors and other IoT devices track inventory and ensure that products are safe and secure.

Retail 255
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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

Fast checkout, personalized recommendations, or instant access to customer care at any time are a few services that can be implemented with the help of artificial intelligence. In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. “If

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How is AI Used in Retail Business?

Exadel

Shopping is rapidly moving in a more intelligent and customer-oriented direction: retailers strive to provide ever-enticing and personalized offers to keep ahead of the competition.The pandemic played its part as well — as businesses were forced to find innovative ways to offer goods and services without a physical presence.

Retail 52
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Unlocking the Power of Minneapolis Billboards: From Traditional to Digital Out-of-Home (DOOH) Advertising

Strategy Driven

For example, a sports apparel brand can target digital billboards near sports stadiums to reach sports enthusiasts or display ads for fitness products in neighborhoods with a high concentration of gyms. Real-time updates and dynamic messaging ensure that your ads remain relevant and engaging to consumers.

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What To Expect From E-commerce Trends In 2021?

Xicom

Just like most businesses out in the market, the ecommerce vertical – fashion and apparel, in particular, is battling the after-effects of the epidemic. AI-based virtual assistants are your new shopping buddies. Virtual assistants like Alexa, Google Home, Cortona have already established a niche in the landscape.

Trends 59
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Femtech Startups are booming

Apiumhub

The company’s solutions combine pregnancy-specific wearables with data analytics to reassure moms and to provide doctors with better data to earlier predict and manage pregnancy complications. The device connects to a smartphone app and backend cloud analytics, enabling population health management for providers.