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3 technology trends set to revolutionize retail

CIO Business Intelligence

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 74
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Don’t ignore virtual reality as you plan the future workplace

CIO Business Intelligence

Two years ago, the consulting giant started shipping many of its recruits virtual reality headsets instead. At the same time, it created a virtual world or “metaverse” that enables employees to socialize, form teams, conduct training, and collaborate. “We More business applications are on the way. The Zoom fatigue factor.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO Business Intelligence

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

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Snap buys another company to make AR shopping a reality

The Verge

Snap and Gucci recently partnered to let users virtually try on a limited edition pair of shoes. The parent company of Snapchat has bought Vertebrae, a company that lets brands create and manage 3D versions of their goods. Snap is making a big bet on AR shopping.

Company 113
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ZERO10’s multi-task ML model provides real-time AR try-on for fashion

Dataconomy

ZERO10 , a prominent player in the fashion industry’s virtual try-on (VTO) space, has introduced its novel Multi-Task ML model. AR try-on for apparel and accessories requires complex machine learning (ML) tasks like 3D body tracking and multi-class segmentation, each demanding real-time execution.

Fashion 73
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Report: Amazon Used Sales Data to Duplicate Popular Products and Box Out Retailers

Gizmodo

Reuters has uncovered damning evidence about the extent to which Amazon has systematically planned to rip off its third-party sellers in India—to the extent that it’s virtually impossible for the company to keep up a years-long charade. Read more.

Retail 95
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How the metaverse will help financial organizations transform employee and customer experience on Microsoft Cloud

CIO Business Intelligence

For example, clients can hold virtual consultations with investment advisors across the globe and improve their financial knowledge by using 3D interactive tools. We have a lineup of exciting projects, including creating a virtual bank for retail transactions and a non-fungible token marketplace using blockchain,” Singhal says. “We