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AI in Commerce
Gupshup & Meta Unveil WhatsApp ROI Insights for Retail Growth
In a landmark validation of conversational AI's impact on business outcomes, Gupshup, the global leader in conversational messaging, has unveiled findings from a Forrester Consulting Total Economic Impact™ (TEI) study commissioned by Meta. The study quantifies the measurable benefits of Gupshup’s Conversation Cloud platform on the WhatsApp Business Platform—especially for retail and e-commerce businesses seeking to boost engagement, lead conversion, and revenue growth. Alongside the study, Gupshup and Meta have launched an ROI calculator, providing a fast-track tool for businesses to estimate their potential gains from deploying WhatsApp-powered customer interactions. Read More
AI Sensor Market to Reach $103.4B by 2032, Driven by Smart Tech
The artificial intelligence sensor market is set for rapid expansion, fueled by the increasing adoption of smart consumer devices, IoT, and AI technologies. According to Allied Market Research, the market, valued at $3.16 billion in 2022, is projected to reach $103.4 billion by 2032, growing at a CAGR of 41.8% from 2023 to 2032. AI sensors leverage machine learning, computer vision, and real-time data processing to enhance automation, intelligence, and efficiency across various sectors, including autonomous vehicles, smart homes, industrial automation, and healthcare. However, challenges such as high installation and maintenance costs remain a barrier to widespread adoption. Read More
Traject Data Unveils Google AI Overview Search Result Extraction for Marketers
Traject Data, a leading provider of SERP and eCommerce API solutions, has launched a new feature that allows businesses to extract Google AI Overview (AIO) search results. This innovative capability helps marketers identify new and emerging keywords that could otherwise be overlooked in the evolving world of AI-driven search. Read More
Acceldata Leaders to Speak at Top Data and AI Events in 2024
Acceldata, a leader in enterprise data observability, has announced that its executives will be sharing their insights at several prominent industry events in 2024. Co-founder and CEO Rohit Choudhary, CPO Ramon Chen, and CMO Mahesh Kumar will discuss how data observability can enhance AI strategies and drive success across various industries. Read More
BEN CEO Paul Chang to Present at H.C. Wainwright 26th Annual Global Investment Conference
Brand Engagement Network Inc. (BEN), a leading provider of secure customer engagement AI, has announced that its CEO, Paul Chang, will be presenting at the H.C. Wainwright 26th Annual Global Investment Conference. The event will take place on September 9th, 2024, in New York City. Read More
Alibaba.com Hosts CoCreate 2024: A Premier B2B E-Commerce Conference in Las Vegas
Alibaba.com, a leading global B2B e-commerce platform and a business unit of Alibaba International Digital Commerce Group, is set to host its second annual CoCreate conference on September 5-6, 2024, in Las Vegas, NV. This two-day event will bring together industry experts, celebrity entrepreneurs, Alibaba.com users, manufacturers, and e-commerce businesses to explore the latest trends, including advancements in AI, shaping the future of e-commerce. Read More
Bloomreach Unveils Premium Features for Loomi AI: Revolutionizing Ecommerce Personalization
Bloomreach, the platform driving limitless ecommerce personalization, has unveiled seven premium new features for its Loomi AI. These features, spanning marketing automation and search and merchandising, are designed to help ecommerce teams customize, optimize, and automate personalization throughout the customer journey. With these enhancements, Loomi AI aims to provide users with greater AI capabilities, ultimately leading to improved online shopping experiences and profitable growth. Read More
Threekit Launches Visual Discovery AI to Revolutionize eCommerce Shopping
Brands with extensive product catalogs often face the challenge of inspiring eCommerce shoppers to find products they love within a few seconds. Threekit addresses this issue with the launch of Visual Discovery AI, a tool designed to connect shoppers with the right products based on their personal input. Read More
AI-Powered Birdseye Revolutionizes Retail Inventory Liquidation
Birdseye, an emerging leader in AI-driven retail and e-commerce marketing, has introduced new features to its autonomous email marketing platform. These enhancements enable retailers to efficiently liquidate inventory using Birdseye's advanced AI capabilities. This article explores how Birdseye's new features help retailers manage inventory more effectively through hyper-personalized, hands-off email marketing campaigns. Read More
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