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AI in action: Stories of how enterprises are transforming and modernizing

CIO

AI practitioners and industry leaders discussed these trends, shared best practices, and provided real-world use cases during EXLs recent virtual event, AI in Action: Driving the Shift to Scalable AI. Generative and agentic artificial intelligence (AI) are paving the way for this evolution. Its a driver of transformation.

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Perfect Corp., developer of virtual beauty app YouCam Makeup, closes $50 million Series C led by Goldman Sachs

TechCrunch

This forced retailers to accelerate their online strategies, finding new ways to capture shoppers’ attention without in-store samples. Virtual beauty try-on technology, like the ones developed by Perfect Corp., ’s technology is also used for in-store retail, e-commerce and social media tools. ” Perfect Corp.

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. The shift to personalized customer experiences will fuel investments in AI, logistics, and payment solutions in the retail sector.

Trends 122
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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

Does the average person want to shop for apparel in virtual reality (VR)? But not everyone agrees — particularly those who hope to build a business out of VR retail. Launched in 2019, the idea came from one of the co-founders, Olga Dogadkina, who previously worked in the luxury retail sector.

VR 222
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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. The intelligence generated via Machine Learning. In addition, pharmaceutical businesses can generate more effective drugs and improve medical research and experimentation using machine learning.

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Peeba raises $4.2M to digitize Asia’s B2B wholesale market  

TechCrunch

Over the past two years, Asia’s retailers were forced to do virtual meetings instead of visiting in-person trade shows or conferences to source new brands and products due to the pandemic lockdowns.

B2B 217
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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS. With 5G-enabled smart mirrors, a person can virtually try on apparel.

Retail 158