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Akeneo aims to transform the retail playbook with AI and data consistency

CIO

Australian retailers have spent much of the last few years buffeted by economic challenges. A rebound is on the horizon, which means a substantial opportunity for growth for those retailers that can get ahead of the curve. Many retailers are looking to AI for that competitive advantage.

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7 Reasons Why Custom Demand Forecasting Is Essential for Retail

Xebia

In today’s highly competitive retail landscape, demand forecasting is more critical than ever. Retailers need to predict product demand accurately to avoid stockouts, reduce overstock, and optimize their supply chains. Handling Complex, Large-Scale Data The sheer volume of data in large retail operations presents challenges.

Retail 130
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The retail edge: Where data powers game-changing customer experiences

CIO

The future of retail is omnichannel The last three or four years have changed retail forever. 1 But despite some of the benefits of online sales, this isn’t all good news for retailers. 2 Dell Developing omnichannel omniscience requires edge data insights Now, more than ever, the edge is valuable territory for retailers.

Retail 197
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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. And its modular architecture distributes tasks across multiple agents in parallel, increasing the speed and scalability of migrations.

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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. BlackCart raises $8.8M

Retail 253
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Unlocking the full potential of enterprise AI

CIO

When orchestrated effectively, these technologies drive scalable transformation, allowing businesses to innovate, respond to changing demands, and enhance productivity seamlessly across functions. AI in action The benefits of this approach are clear to see. 4] On their own AI and GenAI can deliver value.

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Jumbotail raises $14.2 million for its wholesale marketplace in India

TechCrunch

We are seeing tremendous interest from investors across the globe who are drawn to our highly scalable and operationally profitable business model, built on the industry’s best technology and customer NPS,” said Jhina, who previously served in the Indian army and then worked at e-commerce firms eBay and Flipkart.

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