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The objective of this blog post is to help business and technology leaders gain clarity around the value of A.I. by being able to better discern what is fake A.I. and weed the pretenders out. The fact is, there’s quite a bit of “fake A.I.” presently being offered. When we use the term fake A.I., what we’re describing is the way legacy data analytics technologies are repackaged and marketed by (too) many vendors as A.I.
When it comes to merchandise planning, the current volume of decisions is enormous. Consider that a retailer with 10 price zones, 10 ad zones, 50 stores, and 50,000 products is approximately 3 million per week (1,000 promo items at 10 ad zones plus 50,000 prices at 10...
In this day and age, of radical disruption and revolutionary changes in retail, predictive analytics models are not really up to the task of looking at a retailers’ data holistically and supporting profitable decision making.
The most important thing to bear in mind here is that real AI changes are invisible. The real core of retail business – intelligent planning and operating systems – is not publicly discussed by the big companies as that is the secret sauce to competitive advantage....
Daisy Intelligence has been nominated in the ‘Claims Application’ category. This is critical for claims transformation. Deploying AI (Artificial Intelligence) solutions like Daisy Intelligence Fraud Detection to flag fraudulent claims offers the potential to save hundreds of millions or more in excess payments. Vote for Daisy now!
Over the past couple of years there’s certainly been no shortage of marketing content, articles, research reports, conference presentations and white papers that purport to tell everyone what A.I. powers… i.e., retail, insurance, medicine, finance, everything… but who is helping us cut through the hype and telling is what A.I. actually is and what it isn’t?
Gartner named Daisy Intelligence as a Cool Vendor in AI for Retail. We, at Daisy are grateful for this recognition because for us, it confirms that our mission to bring our unique brand of ‘Reinforcement Learning’ based artificial intelligence to the retail industry is succeeding. Cheers to the world of AI!
Use cases for artificial intelligence reach further into retail business processes and resulting customer experience than just providing chatbots. CIOs can use this research to find new and innovative vendors supplying AI solutions that support a variety of retail...
Grocers who rely on the discipline “Demand Forecasting” to live up to its moniker, i.e., accurately predict future demand for specific products, have, unfortunately needed to maintain a healthy tolerance for inaccuracy. In fact, grocery retailers today are challenged to properly manage and allocate inventory with forecasts having errors ranging from 40% – 60% plus.
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