The retail industry has seen a massive shift in its base of operations in recent times. Thanks to automation. As a result, data in the retail industry is increasing exponentially in terms of volume, variety, velocity – and, more importantly – value with every passing year. Today, smart retailers are increasingly aware of how every interaction between the business and customers holds the potential to increase customer loyalty and drive additional customer revenue. Retailers that adopt AI sooner will gain a competitive advantage. Deep learning allows retailers to streamline processes and automate customer experience in a way hitherto unknown.
Furthermore, AI bots are becoming one of the most valuable branded AI solutions in the retail sector. It is powerful enough to check if items are in-stock and monitor customers’ thoughts or feelings in real-time. Hence, AI bots have an enormous impact in all areas involving communication with humans. It is undeniable that with such a plethora of AI-based solutions, the entire inventory and operations management cycle of retail stores is reshaping, thereby providing a renewed shopping experience.
Amid these developments in the retail sector, this edition of Retail Tech Insights features some of the most promising organizations making great strides in the retail landscape, along with thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. The enlisted organizations are transforming retail operations and processes at the convergence of several disruptive technologies, and we hope the state-of-the-art solutions offered by the featured companies as well as valuable CXO standpoints and insights on AI technology from industry thought leaders help you get a better picture of where the retail landscape is currently headed.
We present to you Retail Tech Insights’ “Top 10 Retail Automation Solutions Providers in Europe - 2022.”