Retail stories - Page 18

ApertureData has closed an oversubscribed seed funding round raising USD $8.25 million to enhance its multimodal AI database solution, ApertureDB Cloud.

Vudoo has appointed Drew Perry as Managing Director for Asia Pacific, marking a significant growth phase for the advertising commerce technology company.

At the Snowflake World Tour in Mumbai, experts proclaimed the vital link between AI and data, showcasing transformative impacts on Indian enterprises.

Claroty highlights the growing risks to cyber-physical systems and the need for specialised solutions during Cybersecurity Awareness Month.

Avalara has launched its Automated Tariff Code Classification system, utilising AI to enhance customs compliance for businesses in global trade.

Bain, Kantar, and Qualtrics unveil updated Global Standards for Customer Experience following extensive consultation, aiming to enhance CX across industries.

The Commerce Team Global and Edgio have joined forces to enhance eCommerce solutions, focusing on improved security, speed, and simplicity for clients.

A new study by The Futurum Group finds SAS Viya boosts AI productivity by up to 4.6 times over rivals like Jupyter Notebook and Python Libraries.

Hakkoda launches data modernisation services for retail and CPG sectors, aiming to enhance inventory, supply chain, and real-time consumer insights.

A new commercetools report reveals 90% of businesses that migrated to new eCommerce platforms saw revenue boosts, with 30% noting increases of 30% or more.

Generation Z is forecasted to become the wealthiest generation ever, with global spending projected to hit $12 trillion by 2030.

Adobe's 2024 holiday forecast predicts U.S. online sales to hit USD $240.8 billion, driven by Cyber Week, mobile shopping, and social media influences.

Consumers increasingly blend online, offline, and social media shopping platforms. A report by Locus and Coresight highlights 65.8% utilising multiple touchpoints.

Rithum names Lou Keyes as CEO to spearhead growth in third-party commerce. Keyes, with vast tech sector expertise, succeeds Bryan Dove, who led since 2021.

Retailers must embrace emerging tech and automation for Black Friday triumph, cutting costs and ensuring efficiency during high-demand periods.

Salesforce's new Commerce Cloud integrates B2C, DTC, B2B, and more on a unified AI-powered platform, featuring autonomous agents for enhanced customer experiences.

Hewlett Packard Enterprise unveils the HPE ProLiant DL145 Gen11 server, tackling edge computing with enhanced performance and compact, rugged design.

Kore.ai unveils GALE, a groundbreaking Generative AI and LLM platform designed to revolutionise enterprise productivity and innovation through rapid AI application development.

Generative AI is revolutionising service models, driving innovation and efficiency. Key players like HCLTech leverage AI for transformative impacts across sectors.

Salesforce has unveiled Agentforce, an autonomous AI suite designed to boost productivity by automating tasks across service, sales, and marketing sectors.