Big data and AI has been a buzzword floating around the digital space for a few years, a concept that is murky to some and not understood at all by others. As the convergence of trends redefining the IT industry, Big Data and AI is no longer something that only remains in books and sci-fi movies, these changes are more embracing the e-commerce industry with agility and diligence. Now, the tech buffs are eyeing an iconic change to evolve by the combination of big data and AI.
E-commerce is a dynamic sector with a basic goal to bring the best of offline shopping experience to the online space, by offering the shoppers a seamless way to discover the products they are looking for. Big data and AI are going to the most intriguing development ever made in this field. How Big Data and Artificial Intelligence (AI) plays the crucial role in the eCommerce platform. So, let’s have a look at how Big data and AI transforms the e-commerce industry.Read more
The potential to recognize and use data insights to strategize services, solutions, and the shopping experience as a whole is significantly critical in this data-centric world. Today’s leading organizations are adopting deep learning to analyze documents and images connected to a large database, identify speech or gestures, translate voice in real time, predictions with past information, and more.
Deep learning is a subset of machine learning making use of algorithms with speech, images and text in a more effective and efficient fashion to recognize, identify and understand patterns in the data as like human brain performs. For instance, Apple, Google, and Microsoft make use of deep learning in their image and speech recognition algorithms, while Netflix and Amazon utilize it for analyzing and influencing consumer decision making. Prepare your business’s future by taking a look at some revolutionary use cases of deep learning:
Deep learning is treated as the most significant breakthrough in the field of pattern recognition. Deep learning allows organizations to monitor and process a multitude of things like, information on what are the trends in the marketplace, how many times users contact customer service, and how long do they engage on a given App/website, to create an insightful narrative about shopping habits and preferences to use across the business.Read more
On the verge of becoming even smarter and more competent, machine learning re-imagine the entire app creation and marketing playbook. Certainly, Machine Learning is driving a new generation experience that transforms applications and services in a way how people prefer and value.
Machine learning is a cool topic if you are interested in building kick-ass apps with intelligence that includes features such as natural language processing, prediction, face detection, speech recognition or anything like that. From Virtual Assistants to traffic predictions, machine learning is refining the conventional way of tasks performance along with smarter pieces of stuff to enhance the experience.
As it’s not an easy option to develop a machine learning system from the scratch, a number of machine learning frameworks are available for developers to make intelligent apps. There are many open source machine learning platforms with on-device processing, without big data, and just a few lines of code. So here we bring up the best machine learning frameworks that can aid developers to get things done in a very convenient way in smart application development, for both, web and mobile.Read more
Business Intelligence comprises the strategies and technologies for the data analysis of business information, to understand consumer trends and optimize your company’s business operations.
Smart organizations are adopting business intelligence to get ahead by transforming data into actionable intelligence to take advantage of opportunities, predictive to challenges, better business decision making to overcome threats.
With business intelligence, companies can analyze data which will benefit to transform performance, boost revenue, increase incomes and enhance customer satisfaction and retention.Read more
Chatbot is the latest buzzword on the front scene of the tech world. Everybody is rushing to the chatbot bandwagon to know how important it is to have for your business. In this article, we quickly take you through what is a chatbot and why your business needs it.
Chatbots, artificially intelligent computer programs designed to have real conversations with your customers, are poised for enormous growth. It is capable of simulating seamless interactions with customers and typically be found on funnels like Facebook Messenger, Siri, Telegram, WeChat, Slack, SMS, Skype and many others.
From a series of self-initiated tasks to a quasi-conversation–chatbots are transforming the way businesses interact with the world and significantly with their customers.Read more
Artificial intelligence (AI) is a boundless field which covers things like cognitive computing and machine learning. For a lot of people, artificial intelligence and machine learning are just the same, not be aware of the difference.
In a nutshell, artificial intelligence is the general term or category to define the idea of machines being able to execute tasks that we label as smart. On the other hand, Machine learning is a concept within the kernel of artificial intelligence which keep the machines to analyze by themselves according to the given data.
You might be asking: So what? What machine learning (ML) can do for your business?Read more
The consistent growth of e-commerce makes it one of the most outstanding global trends. But the hasty transition from the brick-and-mortar shops is heavily limited by technology in contrast with the real world sales – specifically, the limitations of product searches.
With the advent of artificial intelligence (AI), e-commerce unlocks the disrupting traditional shopping experience to reach its full potential. The integration of AI with e-commerce not only transform the millions of online transactions, but also the in-store purchase behaviors, by digital interactions.Read more
AI integration with e-commerce will provide improved understanding as well a more personalized touch to the industry for an exceptional efficiency, automation, and consumer knowledge. AI’s impact on e-commerce will achieve metrics such as increased transactions, increased retention, increased customer satisfaction, increased conversion. Here are 3 AI factors which could have an impact on the development of the ecommerce environment moving forward.Read more