Tag Archive: Artificial Intelligence

Benefits of implementing Artificial Intelligence in Ecommerce industry

In the fast paced world, providing high availability and focused marketing is the only way to attain better market penetration. The basic goal of every eCommerce company is to bring, the best of offline shopping, by offering a seamless way to showcase the products. eCommerce brands focus on deep linking and Analytical algorithms, to automatically predict customer behavior and suggest suitable products.
 
It would be an understatement, if we say, “Artificial Intelligence is the next big thing”, for it is already here, and of course, SBL is gearing up to be a strong contender in Artificial Intelligence based eCommerce systems. Our customer centric operational strata, ensures personalized user engagement, using Iterative Machine learning and deep-linking algorithms.
 
Without a doubt, eCommerce has revolutionized the way people shop, but there are still gaps in the current system. With the incorporation of Artificial Intelligence, the gap will be closed by evolving the sales process intelligently managing customers, so they will no longer be offered solutions that are neither tailored nor appropriate. This will help organization make drastic changes to the way they deal with their clients, getting quicker access to information and harnessing their employees’ talent for better use

Artificial Intelligence (AI), Internet of things (IOT) & Automation: Transforming Lives

Three of the most startling technological advancements are transforming our lives in more ways than one. Automation, Artificial Intelligence and Internet of Things are converging to impact every aspect of our lives sending out clear signals to change the way we think and operate. If liberalization and computerization was the rage just a few decades back, these technology trends of today are driving sweeping changes across industries.

Automation driven by Artificial Intelligence has replaced some of the routine tasks much more efficiently than human beings. It is ready to take up more jobs in the future forcing people to rethink their career prospects. Yes, robots are here to stay. It is evident that automation has raised standards of living, increased literacy rates, lengthened life span and reduces crime rates. Software automation is another interesting dimension which heralds new technology related jobs as well.

Internet of Things (IoT) produces hordes of data, not just volumes, but useful data that can perform a range of activities. From saving cities from disasters and crimes, creating smart homes with connected appliances, offering key medical insights to medical practitioners and enabling communication between self-driving cars the scope of IoT is burgeoning.

Retailers are also getting onto the bandwagon of these three techno shifts to increase sales and attract consumers. They are moving away from traditional brick and mortar stores to online ways of selling and e-commerce platforms.  

While these trends have been around for a while they have never been so powerful or as ubiquitous as now. Interesting dimensions and possibilities are bound to increase in the days to come and impact our lives for the better.