UAE Business Magazine

In retail, trust is everything

April 30, 2019 UAE Business 0

While e-commerce is set to double in the next three years, some consumers are still wary of spending online. Rahul Duragkar, Managing Director of UAE-based online retailer Shopinc, enumerates 3 ways that online retailers can build – and keep – consumer trust Read more

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Is Artificial Intelligence the solution to Growing Retail Industry?

May 5, 2017 UAE Business 0

Earlier this week, Frost and Sullivan released their 2017 Global Artificial Intelligence Opportunities in Retail. The research was conducted with a series of industries connected via growth partnership service; the study focuses on commercial viability and impact of retail applications for AI, either through integration with existing workflows or by creating new ones. It also explores strategies for navigating artificial intelligence (AI) as a retail or information technology (IT) vendor, and the imperative for both to adopt a data-focused mind set. The study considered vital market players including Amazon, Ocado, and IBM. The study reveals that AI applications such as chat bots, marketing, and supply chain optimization and will help strengthen customer relationships and create growth opportunities. Read more