Technologies like AI, big data, and ML bring both pearls and perils to e-commerce today. Despite AI technologies projected to account for $27,238.6 million in retail market by 2025, according to Artificial Intelligence in Retail Market 2025 Report, this new brave world boasts of a raised number of malicious actions aimed at the retailers. Moreover, new capabilities lead to the growing demand for correct collecting and collating data, the ability to interpret insights gained, and timely adoption of the technology.
Hectic pace lead to the dichotomy of going big or going home for the retailers whipped by the industry giants. However, the number of businesses learned how to get to the bandwagon.
Learn how the new technologies are changing the landscape for the retail industry and how the former use it for winning and staying safe.