With the advent of edge AI technology, brick and mortar retailers now have the tools to fight back against online shopping. Keen to remove as much friction as possible from retail transactions, online and offline stores are embracing AI with stellar adoption rates.
Once pure science fiction, now rapidly science fact, the use of autonomous robots in warehousing applications is one of the major trends for 2019. Most of the world’s 2,000 largest companies will have deployed autonomous mobile robots by 2021.
The power of facial recognition technology is proving divisive. The systems are already being used to improve security, identify missing people and deliver smart personalised services, but there’s genuine concern that the technology could lead to a ‘Big Brother’ surveillance society.
We’re arguably at the start of the facial recognition revolution. Greater computing power, edge processing, cloud computing and artificial intelligence are making systems ever smarter, giving them the ability to understand how people are reacting, as well as what they look like.
Gone are the days of businesses making decisions based on hunches. Instead, data is fuelling the next wave of business innovation, allowing companies to make smarter, informed decisions, often in real-time.