article thumbnail

Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

TechCrunch

In the wake of COVID-19 this spring, construction sites across the nation emptied out alongside neighboring restaurants, retail stores, offices and other commercial establishments. Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors.

article thumbnail

VCs to recommerce startups: Let’s pop some tags

TechCrunch

That’s 5x faster growth than the overall retail market. It also comes with a high level of diligence and a complex logistics process for quality assurance, which is less appetizing for existing device makers who would rather invest in R&D and marketing for the next version. Why the sudden recommerce resurgence?

article thumbnail

8 Most in Demand Programming Languages of 2021

The Crazy Programmer

It is used in developing diverse applications across various domains like Telecom, Banking, Insurance and retail. It is frequently used in developing web applications, data science, machine learning, quality assurance, cyber security and devops. This can be used in both software and hardware programming.

article thumbnail

Quality Assurance Approach towards Virtual Reality (VR)

Perficient

Retail – The Ecommerce experience of end users is all set to evolve with body scanning technology for identifying the right fits, virtual try-ons, product customizations etc. This includes virtual assemblies and even taking decisions based on prototypes.

VR 72
article thumbnail

What is predictive analytics? Transforming data into future insights

CIO

Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. The technology helps adopters in fields as diverse as finance, healthcare, retailing, hospitality, pharmaceuticals, automotive, aerospace, and manufacturing.

Analytics 218
article thumbnail

Terzo lands $16M to extract key data from contracts

TechCrunch

Card says that Terzo’s AI was trained using real-world business contracts to extract data such as inventory and costs, supervised by a quality assurance team to ensure baseline accuracy. As for Thangavel, he spent nearly seven years on the engineering side at Freshworks prior to joining alongside Card and Giocondi.

Data 174
article thumbnail

The Multiplier Effort of Edge Computing

CIO

The number of edge sites — factory floors, retail shops, hospitals, and countless other locations — is growing. A big box retailer implemented an AI-based recommendation engine to help customers find what they need without having to rely on in-store experts. The multiplier effect at work.