Stay ahead of the trend with insights from iterate.ai experts and advisors
So you’ve had that a-ha idea. You recruited the team, built and tested the tech. Maybe you even landed investment dollars. You’re going to change the world. You just need to prove it.
And that means getting the attention of the right customer and actually signing a contract and starting a trial … It could take months. Years, even. How do you even begin?
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Iterate.ai launched a new groundbreaking Microservice platform called Interplay™ that lets enterprise customers for the first time rapidly deploy proof-of-concept prototypes and experiments.
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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.
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.
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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.
Read MoreCan 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?
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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.
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By Jon Nordmark, CEO/cofounder of Iterate.ai It’s no secret that small startups hold an important key to innovation for large retailers. But in 2019, collaborating with startups must become a priority for those companies that want to stay ahead of the curve and innovate in the age of artificial intelligence.
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Linear Planning Won’t Work. Just ask Amazon. By Jon Nordmark, CEO/co-founder of Iterate.ai Amazon is laying the groundwork for world domination. With a $22 billion R&D budget, 7,000 new AI hires, and 13 new AI acquisitions over the last several years, Amazon aims an army of AI-fueled brainpower and unprecedented
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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.”
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