Cloud Wars
  • Home
  • Top 10
  • CW Minute
  • CW Podcast
  • Categories
    • AI and Copilots
    • Innovation & Leadership
    • Cybersecurity
    • Data
  • Member Resources
    • Cloud Wars AI Agent
    • Digital Summits
    • Guidebooks
    • Reports
  • About Us
    • Our Story
    • Tech Analysts
    • Marketing Services
  • Summit NA
  • Dynamics Communities
  • Ask Copilot
Twitter Instagram
  • Summit NA
  • Dynamics Communities
  • AI Copilot Summit NA
  • Ask Cloud Wars
Twitter LinkedIn
Cloud Wars
  • Home
  • Top 10
  • CW Minute
  • CW Podcast
  • Categories
    • AI and CopilotsWelcome to the Acceleration Economy AI Index, a weekly segment where we cover the most important recent news in AI innovation, funding, and solutions in under 10 minutes. Our goal is to get you up to speed – the same speed AI innovation is taking place nowadays – and prepare you for that upcoming customer call, board meeting, or conversation with your colleague.
    • Innovation & Leadership
    • CybersecurityThe practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.
    • Data
  • Member Resources
    • Cloud Wars AI Agent
    • Digital Summits
    • Guidebooks
    • Reports
  • About Us
    • Our Story
    • Tech Analysts
    • Marketing Services
    • Login / Register
Cloud Wars
    • Login / Register
Home » How AI Saves the Retail Industry $50 Billion a Year
Hyperautomation Minute

How AI Saves the Retail Industry $50 Billion a Year

Enterprise AI Minute Ep 46
Aaron BackBy Aaron BackMay 11, 2022Updated:May 27, 20222 Mins Read
Facebook Twitter LinkedIn Email
To adjust the volume hover the cursor over the volume bar
Share
Facebook Twitter LinkedIn Email

This episode is brought to you by the Cloud Wars Expo. This in-person event will be held from June 28th to 30th at the Moscone Center in San Francisco, California.

Highlights

00:35 — Behind seemingly effortless shopping experiences, such as with Amazon, very intentional AI and machine learning models are built to personalize those retail experiences.

01:15 — As fashion industry trends can be so fickle and constantly changing, there is a physical cost of the unused inventory. The supply chain is costing retailers about $50 billion, leading to over 16 million tons of textile waste.

02:00 — This is due to difficulties in scaling and identifying consumer characterizations. This is where AI comes in to drive personalized items, geographically-specific and tailored to cultures, tastes, and more.

02:20 — There’s industry-specific content that’s feeding this niche versus data layers, which is compromised of three components.

02:35 — First is the market data. This includes the product, landscape, retail behavior, and point of sale that gives retailers insights into preferences on brands, cultures, and regions. Also within this layer are third-party data and private data.

03:35 — The second is knowledge. This involves industry-specific terminology being translated through natural language processing (NLP) which can fuel the insights for end-users. It also creates a sense of familiarity and can build a relationship between the customer and the company.

04:35 — The third is industry intelligence. A multitude of AI models is used to dig into massive volumes of data and convert that into decision-making insights.

05:02 — These models can produce Explainable AI which essentially provides an explanation for the results.


Looking for real-world insights into artificial intelligence and hyperautomation? Subscribe to the AI and Hyperautomation channel:

Artificial Intelligence Enterprise AI Impact Enterprise AI Minute Explainable AI Industries Machine Learning natural language processing NLP retail supply chain
Share. Facebook Twitter LinkedIn Email
Aaron Back
  • Website
  • Twitter
  • LinkedIn

Aaron Back (Bearded Analyst), Chief Content Officer for Acceleration Economy, focuses on empowering individuals and organizations with the information they need to make crucial decisions. He surfaces practical insights through podcasts, news desk interviews, analysis reports, and more to equip you with what you need to #competefast in the acceleration economy. | 🎧 Love listening to podcasts wherever you go? Then check out my "Back @ IT" podcast and listen wherever you get your podcasts delivered: https://back-at-it.simplecast.com #wdfa

Related Posts

Google Cloud U.K. Moonshots Aim to Save $50 Billion and Engineer Time 

July 17, 2025

Google Cloud: U.K. Customers Showcase Power of AI and Cloud

July 17, 2025

SAP Partners with JA Worldwide to Equip 85,000+ Youth for Future Careers

July 16, 2025

How ISVs Like SignUp Software Are Transforming Dynamics 365 ERP with AI and Automation

July 16, 2025
Add A Comment

Comments are closed.

Recent Posts
  • Google Cloud U.K. Moonshots Aim to Save $50 Billion and Engineer Time 
  • Google Cloud: U.K. Customers Showcase Power of AI and Cloud
  • SAP Partners with JA Worldwide to Equip 85,000+ Youth for Future Careers
  • How ISVs Like SignUp Software Are Transforming Dynamics 365 ERP with AI and Automation
  • AWS Launches Project Rainier: Massive AI Supercomputing Cluster for Anthropic

  • Ask Cloud Wars AI Agent
  • Tech Guidebooks
  • Industry Reports
  • Newsletters

Join Today

Most Popular Guidebooks and Reports

SAP Business Network: A B2B Trading Partner Platform for Resilient Supply Chains

July 10, 2025

Using Agents and Copilots In M365 Modern Work

March 11, 2025

AI Data Readiness and Modernization: Tech and Organizational Strategies to Optimize Data For AI Use Cases

February 21, 2025

Special Report: Cloud Wars 2025 CEO Outlook

February 12, 2025

Advertisement
Cloud Wars
Twitter LinkedIn
  • Home
  • About Us
  • Privacy Policy
  • Get In Touch
  • Marketing Services
  • Do not sell my information
© 2025 Cloud Wars.

Type above and press Enter to search. Press Esc to cancel.

  • Login
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.