Bricks and mortar retail stores are king when it comes to the cross-sell. A store could show off the summer display of tents and camp chairs at the end of the aisle, hang the large yellow “2 for 1” sign above the stack of stainless steel coffee mugs and instruct the salesperson to tout the comfy camping mattresses around the corner.
When it comes to online stores, that kind of cross sell bundling is pretty dismal. This fact didn’t go unnoticed by technologists and serial entrepreneurs Sri Sharma and Satish Jayakumar.
Month: March 2019
BlueRoo Delivers Voice Tech for Tomorrow’s Purchases
Alexa, Google Home and Siri changed everything. In the next decade, the vast majority of shopping purchases will be made by voice. In fact, already 37% of millennials say they always or usually shop by voice. Amazon is charting that course, pouring billions into AI and hire thousands of AI employes.
Continue readingBuying with Pictures: Philly-based Slyce.it Builds Visual Search for Retailers
Photos of products is the most popular things people do with their phones inside stores, even more popular than checking product reviews and comparison shopping, according to research by ComScore. That, Mann believed, was a huge opportunity for retailers.
Continue readingFrictionless Checkout: How Far Will This Go?
Can we push the boundaries of technology, computer vision, machine learning and artificial intelligence to create a physical store where consumers can purchase what they want with no queues and checkout lines, and with a few steps and complications possible?
Continue readingInnovation Race Heats Up: A Look at 7 Ambitious Patents
Patents are the biggest weapon in the innovation race. And as artificial intelligence, blockchain and robotics explode this year, we’ll see far more patents filed, as companies look to be first movers and win in the years to come.
Continue readingFive Mistakes Made When Working with Startups: Learn How to Open the Door to Groundbreaking Innovation
By Jon Nordmark, CEO/cofounder of Iterate.ai It’s no secret that small startups hold an important key to innovation for large
Continue readingSmart Companies Will Take a Cue from Mathematics to Win in 2019
Linear Planning Won’t Work. Just ask Amazon. By Jon Nordmark, CEO/co-founder of Iterate.ai Amazon is laying the groundwork for world
Continue reading2019 M&A activity to heat up for AI startups
Artificial intelligence isn’t simply another technology trend. It represents the next generation of computing, and we’re experiencing a major AI renaissance. Going forward, every aspect of our lives will be influenced by it. As Amazon CEO Jeff Bezos says, “we’re living in the golden age of AI.”
Continue readingNo More Waiting. Yottaa eliminates long page load-times for retailers
Eight seconds may not seem that long. But it’s an eternity when waiting for a website to load. So long,
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