Artificial Intelligence (AI) is now through its specific offerings smartly challenging the retail landscape. Wal-Mart for example is using Bossa Nova Robotics to improve its business intelligence on the shelf space. L’Oréal for its part has acquired Modiface, which is an augmented reality startup. This helps the beauty giant in its data warehousing efforts. This data so captured can then be assessed to come up with solutions competitors such as Estee Lauder or Sephora wouldn’t be indulging in. There is a growing trend for voice shopping assistants such as Amazon Alexa, though the use still remains quite marginal. Theft could in the future get reduced even more thanks to the deployment of cashless stores. Now even food delivery is going driverless. Kroger for example has partnered with Nuro, which is a robotics startup to experiment autonomous grocery delivery. Even Pizza Hut and Domino’s are considering the use of autonomous vehicles for their food deliveries.

Source:https://www.inc.com/michelle-cheng/5-fascinating-ways-artificial-intelligence-is-changing-retail-industry.html

Uploaded Date:03 December 2018