Novel Technologies

Your Retail Coach

4.1 Novel Technologies

 Artificial Intelligence is empowering machines to mimic humanlike cognitive abilities

 AI-powered chatbots are proving to be an effective alternative for carrying out the initial stages of customer support and closing it up with requests for feedback

 Machine Learning can be used to make educated anticipation of dynamic customer behavior and add flexibility and improvisation to business processes operations

 It is not just about establishing trends or making predictions from existing data but automated learning by machines/software to improve its ability to make better assessments and deliver better insights based on new learning