Georges F. Mirza’s Post

It’s complicated, but the pros know. This publication outlines the reality of AI inventory solutions- solving the retail problems that have existed for decades.

𝗧𝗼𝗽 𝗦𝗶𝘅 𝗥𝗲𝘁𝗮𝗶𝗹 #𝗕𝗿𝗮𝗻𝗱𝘀 𝗨𝘀𝗶𝗻𝗴 #𝗔𝗜 𝗧𝗼 𝗘𝗻𝗵𝗮𝗻𝗰𝗲 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 The #retail industry is projected to grow with the implementation of Artificial Intelligence. With the help of #AI, retail companies can analyze their customer’s buying patterns, can keep track of inventories, ease the job of their employees and eliminate the chances of mistakes that humans can make. Read More: https://lnkd.in/dhNNtaAW #ai #businesses #enterprises #technologytrends #startups #softwaredevelopment #artificialintelligence #artificialintelligenceai #artificialintelligencenow #artificialintelligencemarketing #artificialintelligencetechnology #artificialintelligencesociety #aiartificialintelligence #appdevelopment #techtrends2023 #innovation #generativeai 

Interesting insight from Theo Paphitis

Retail has always been seen as a ‘traditional’ industry but with AI, that perception is bound to change. AI has the potential to continue to revolutionise the way retailers operate. From personalised recommendations to inventory management and customer service, it has the potential to transform both the online and offline shopping experience. We’re just scratching the surface in understanding how AI will impact the business world as a whole, so it’s an exciting time for us all, not just the retail sector. Thanks to Startups.co.uk for sharing ! https://lnkd.in/efuRZBzt

Today's headlines of legitimately hyped AI innovations make talk about digital transformation seem blasé. Tired. Old news. It's not. #DigitalTransformation isn't just about upgrading your tech. It's about laying a foundation for innovation. An organization's ability to introduce and use innovation is essential to survival. Especially now that the pace of innovation is about to go into extremely high gear! Delaying digital transformation is like being at a race where the starting gun goes off, and you don't even have your shoes laced up. And, starting late in this race could mean you never have a chance. Tech innovation moves at lightning speed, and it's crucial to keep pace. If you want help lacing up, reach out. We've helped many companies get in the race. Don't just watch the future unfold – be a part of creating it. Embrace digital transformation now and invest in innovation that creates real value for your business and the people it serves.

Onebeat Raises $10 Million Series B to Transform Retail Supply Chain with AI #AI #AIenabledsolution #artificialintelligence #GoldrattConsulting #Investment #llm #machinelearning #MagentaVenturePartners #Onebeat #partnershipwithretailers #retailtechstartup #SeriesBfunding

Just penned some thoughts on the whole GenAI craze hitting retail. For me it's not all about the hype; it's about getting it right. 🎯 This latest tech trend could revolutionize shopping but could easily turn into a money pit. From my time at Yildiz Ventures, I've seen firsthand how GenAI can be a game-changer 🚀 and a challenge 🧗♂️. I’ve tried to discuss the practical side of GenAI – the good, the bad, and the strategy to make it work for us, not against us. We're looking at a potential goldmine in productivity, but it's a thin line between profit and loss. Whether you're thinking about adopting, innovating, or just geeking out on tech like I am, you'll find something in my latest article. I'd love to hear your take on GenAI in retail! Share your stories below. 👇 #genai #retailtech #realtalk #techinsights #futureofretail #artificialintelligence

Artificial intelligence is one of the top trends in the retail industry as 2024 starts. With all the buzz around artificial intelligence, it's no surprise it's a top trend. Increasingly, new opportunities are opening up due to advances in artificial intelligence, machine learning, and predictive technologies. However, AI is not the only trend that is shaping retail today. Read More: https://bit.ly/3u1cNuk . . . . . #conference #Rybalsky #RybalskyConsultingGroup #ecommerce #marketing #business #digitalmarketing #ecommercebusiness #online #socialmediamarketing #amazon #onlineshop #shopping #onlinestore #startup #ecommercewebsite

Delighted to have shared my thoughts and insights with Stephen Wynne-Jones, from European Supermarket Magazine, on the power of tech transformation and retail.   As I mention in the article, there’s lots of technology out there to deploy, but it’s very important that whatever tech is chosen planning starts with the target of what retailers want to achieve in the future and building a set up that supports such a transformation – and don’t forget to put your people at the center.   Dive in below to read more: https://lnkd.in/ddirKe4Z

The advent of #generativeAI, which helps to accelerate, automate, and augment human tasks, can potentially drive the transition of traditional consumer companies into software entities. #Consumer and #retail #organizations are anchored on many functions where generative AI’s impact is projected to be felt most heavily, including marketing, sales, and customer operations. As a result, the annual productivity impact of generative AI on the sector is projected to be $400 billion to $660 billion, among the highest of all industries. This expectation only raises the already-high stakes of staying ahead of the #technology curve for consumer and retail players. | McKinsey