Global Artificial Intelligence Opportunities in Retail, 2017

Data-driven Businesses are Creating New Opportunities and Disrupting Incumbents

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This study aims to analyse artificial intelligence (AI) and its applications in the global retail industry in 2017.Research Scope: The research scope of the study includes the following:• Technology Trends (which includes artificial intelligence, Internet of Things, Big Data, and cloud computing) • Industry Trends (which includes artificial intelligence providers, retail) • Innovative start-ups and incumbents in retail and artificial intelligence • The applications of artificial intelligence in retail and their underlying trendsA general overview of artificial intelligence is given and its relevance to business in 2017. Applications of artificial intelligence in recent years which are integrated into ex

Table of Contents

1. Executive Summary
Key Findings
2. Foundations—Artificial Intelligence, Machine Learning, and Deep Learning
Key Perspectives on AI and Machine Learning
AI, Moore’s Law and Exponential Progress
Deep Learning is a Key Breakthrough Driving AI Results
Artificial Intelligence is Already Here—It’s Just Software
Venture Capital Funding for AI Start-ups
Business Dynamics in Artificial Intelligence Technologies
3. Artificial Intelligence Use Cases in Retail
What does AI mean for Retail?
Use Case 1—Chat Bots and Virtual Assistants
Use Case 2—Marketing and Segmentation
Use Case 3—Inventory and Supply Chain Optimisation
4. Companies to Watch Using AI in Retail
Amazon’s Physical Store—A Glimpse into the Future of Retail
5. Growth Opportunities and Companies to Action
Growth Opportunity—AI Chat Bots for Customer Services
5 Major Growth Opportunities
Strategic Imperatives for Growth and Success
6. Key Takeaways
Key Takeaways for Retail Sector Participants
Legal Disclaimer
7. The Frost & Sullivan Story

List of Figures & Charts

1. Microprocessors: Transistor Counts by Date of Introduction, Global, 1970–2016
2. Artificial Intelligence Startups: Total Venture Capital Funding, Global, 2010–2015
3. AI Startups: Largest Funding Rounds, Global, 2010–2015

Why Frost & Sullivan

Working with the CEO’s growth team to create a vision based on a transformation growth strategy

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Tracking over 1000 emerging technologies and analyzing the impact by industry and application to reveal the companies to watch in each sector

The Frost & Sullivan team is based in our 45 global offices and have developed a powerful global understandings of how industries operate on a global level.