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Unlocking the full potential of enterprise AI

CIO

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] Reliability and security is paramount. 4] On their own AI and GenAI can deliver value.

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Pixyle AI wants to make visual search more intuitive for online retailers

TechCrunch

Over the past three years, it has tagged more than 250 million images and says its increased conversions for its retail customers by 10% on average. She told TechCrunch that one of the biggest challenges faced by online retailers is cart abandonment, often because of poor site search and product discovery.

Retail 246
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Freshflow is helping grocery retailers fight food waste

TechCrunch

For years grocery retailers have been using data driven forecasting to help them predict demand to figure out which products to reorder to keep shelves stocked. ” “And because that is the opinion … until now, for the most part, retailers have just relied upon people to do this part.” That’s nothing new.

Retail 219
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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. trillion industry in the United States — a complex ecosystem of lenders, owners, developers, architects, general contractors, subcontractors and more.

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AI will evolve the role of the CIO

CIO

AI allows organizations to use growing data more effectively , a fact recognized by the entire leadership team. Mark Read, CEO of global advertising giant WPP recently told shareholders: “AI will also offer the ability to develop new business and financial models.” Langer notes that not all boards are fearful.

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Outer, D2C outdoor furniture brand, secures $50M Series B funding to spur expansion and materials development 

TechCrunch

The fresh funding will be used to cement its position in the outdoor living industry as they develop new sustainable materials, build an eco-friendly supply chain and expand their product offering and community, Liu said. Since the beginning, the Outer team has insisted on prioritizing sustainability. billion 2027, Liu said.

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How CIOs can survive CEO tech envy

CIO

Your CEO, not to mention the rest of the executive leadership team and other influential managers and staff, live in the Realm of Pervasive Technology by dint of routinely buying stuff on the internet and not just shopping there, but having easy access to other customers experiences with a product, along with a bunch of other useful capabilities.