Best Buy, renowned for its consumer electronics and technology products, has announced its latest venture to integrate generative AI technologies. Partnering with industry giants, Google Cloud and Accenture, the company aims to launch an AI-powered virtual assistant designed to revolutionize
The retail industry is on the brink of a technological revolution driven by the integration of augmented reality (AR) and virtual reality (VR). These cutting-edge technologies are poised to transform the shopping experience, offering significant benefits for both consumers and retailers. As AR and
In recent years, the automotive industry has been witnessing a transformative shift with the integration of robotics and automation, a trend that is significantly reshaping the landscape of automobile manufacturing and maintenance. Going back to the roots of industrial automation, we find the
As artificial intelligence continues to revolutionize various sectors, one significant challenge remains: the opacity and complexity of generative AI (GenAI) models. This 'black box' nature of GenAI poses substantial risks and vulnerabilities for companies that rely heavily on these
In an era where retail strategies are rapidly evolving, the transformative impact of AI technology on inventory management is becoming increasingly undeniable. StyleMatrix, a leader in AI-powered inventory management software, is at the forefront of this change, especially within the footwear and
In a landmark move aimed at steering the wholesale and retail sector towards resilience and competitiveness, the Department of Trade and Industry (DTI), the Philippine Retailers Association (PRA), and the Supply Chain Management Association of the Philippines (SCMAP) have signed a memorandum of
