First Insight, Inc.’s Post

📢 Are you attending National Retail Federation's Big Show in New York? Don't miss the chance to visit OSF Digital at Booth #4139! Our team of retail digital transformation experts are ready to meet with you and discuss how AI is revolutionizing the retail industry. We can discuss why you need a data strategy as the foundation for predictive and generative AI. Our experts can provide actionable advice and a strategic roadmap to help retailers embrace new data and AI capabilities, propelling them towards growth and success in 2024.   Come see us at Booth #4139, and let's discuss how data and AI can transform your retail business. See you there! 👋 #NRF2024

A great use of AI is leveraging its ability to analyze large amounts of data to provide business insights. Checkout our blog post for some ideas about how AI and data analysis can provide a competitive advantage for your business.

According to Gartner, the generative AI market is projected to reach $110.8 billion by 2030. This cutting-edge technology is set to represent a staggering 10% of all generated data by 2025, marking a remarkable leap from less than 1% in 2021. Get ready to explore how generative AI is reshaping the landscape of online retail. Source: #gartner #ecommerce #statistics #generativeai

In today's world, #generativeAI is revolutionizing the #CPG and #Retail Industry. This technological advancement enables companies to analyze vast amounts of data, predict trends, and create tailored marketing strategies with unprecedented accuracy. Jagpreet Singh, VP of CPG and Retail Analytics, shared his thoughts on how businesses are experimenting and trying new ways to incorporate Gen AI into their processes to allow them to stay ahead of the curve and be at the forefront of the revolution. Learn more: https://lnkd.in/gSjYjfK8 #analytics #CPG #retail #ai #generativeai #marketingtrends #technology #innovation

Engineers are beginning to leverage AI to pinpoint purchasing behavior patterns and tailor offers accordingly. It's no wonder we're seeing more organizations turn to AI as they enhance their sales efforts. As Customertimes' Head of Data & Digital Engineering, Dmytro Kobryn, notes in this piece, companies that invest in personalized sales strategies are witnessing an average sales increase of 20 percent. But like with any new technology, there are key concerns many are grappling with when it comes to using AI for business. Discover more in this piece: https://hubs.ly/Q02J5NnM0 #AIInSales #AISales #FutureOfSales

Embrace the Future of Retail with Product Information Intelligence! In the rapidly evolving retail landscape, having the right product information is more crucial than ever. Our latest blog dives into how Digital Wave's ONE Platform leverages AI and analytics to transform product data management, driving innovation, efficiency, and customer satisfaction. What you'll learn: The importance of high-quality, real-time product data for AI solutions. How traditional product data systems fall short and the need for a centralized, real-time platform. The benefits of Product Information Intelligence, including: - Streamlining Master Data Management with accurate, up-to-date information. - Increasing Operational Efficiency by automating tedious tasks. - Accelerating AI and Data Science to drive sales and optimize supply chains. - Improving Customer Experiences with consistent, high-quality product details. Ready to see how smarter product data can transform your business? Check out our full blog to find out more: https://lnkd.in/eXfdi_Th #Retail #CPG #AI #ProductManagement #DigitalTransformation #CustomerExperience

#ChannelParters - want to revolutionize how your retail clients operate? Join us Thursday for this informative webinar! #AI #CustomerExperience

Telecoms are facing major challenges these days to become digital services provider and introduce new products to their customers. Employing AI solutions is one of the key accelerators to the successful implementation of these strategies which helps in the understanding of the customers' needs, generate multiple clients' behavior patterns and offer the right service to the right persona. You can check how Qinshift has been successfully cooperating with Tier 1 telecoms in overcoming these challenges and how, by mutual trust, it contributes to the transition from traditional telco, through digital telecom provider up to digital services provider. #Telco #Qinshift #Avenga

RESEARCH: U.S. retailers are more optimistic than consumers about the integration of artificial intelligence in retail, according to Colliers’ recent report, AI in Retail: Essential Insights for Retailers, Landlords and Consumers.

Engineers are beginning to leverage AI to pinpoint purchasing behavior patterns and tailor offers accordingly. It's no wonder we're seeing more organizations turn to AI as they enhance their sales efforts. As Customertimes' Head of Data & Digital Engineering, Dmytro Kobryn, notes in this piece, companies that invest in personalized sales strategies are witnessing an average sales increase of 20 percent. But like with any new technology, there are key concerns many are grappling with when it comes to using AI for business. Discover more in this piece: https://hubs.ly/Q02KzdQL0 #AIInSales #AISales #FutureOfSales