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The new Amazon Prime Air drone can take off and land vertically like a helicopter, then fly like a plane. Watch for it in the skies making deliveries as part of a test program.
VR headsets allow people to interact with products same way as in a store, but also soon will allow them to interact with other people inside experience making it very social. - From VR South Africa
Inside one of Walmart’s New York stores, thousands of cameras track when products are running low or when produce start to lose its freshness. Company is using artificial intelligence to manage stores
Luxury represents a powerful form of social capital for this segment of consumers, according to new research in McKinsey’s China luxury report 2019
Fujitsu Artifical Intelligence (AI) learns from data to automate processes, improve service and raise productivity. AI eables complex processes to be automated independent of human intervention.
Good summary video on IoT applications in retail from Studio387. What do you think?
It’s watching & knows a crime is about to take place before it happens. Vaak, a Japanese start up, has developed Artificial Intelligence (AI) pre-crime software. - From Fanatical Futurist
In the year 2030, shoppers will need a reason to leave the couch and go in-store. - From Synchrony
As Amazon’s e-commerce growth begins to decrease, where will the retail behemoth shift its efforts? From Prime revenues to Alexa reprioritizations & more, Gartner L2 predicts what's next.
Disruptive can mean better, but it can also introduce social challenges. Innovation is transforming the retail sector.
Search behavior suggests that in-store shopping experiences begin online, & retailers are investing in omnichannel. But are retailers leveraging store footprint differentiation against Amazon?
The retail industry is rewriting the laws of physics. Change is coming at an ever faster rate each year and 2030 will be upon us before we know it.
The retail robots are coming - Bloomberg Television
Global annual spending on AI by retailers estimated to reach $7.3 billion by 2022 - Welcome.AI
McKinsey research establishes a common understanding of the forces at work in fashion and identifies where the top priorities, both business and creative, are for 2019.
No shopping without a smartphone? A view of shopping in the future from the just completed EuroCIS trade event in Germany this past week. Digital technology rules.
Scott Galloway, Professor at the NYU & Founder of L2, at NRF 2019 on the key to companies increasing revenue 20-30% over the next five year & doubling their stock price is the business model.
2019 will the year of Service-led retail, yesterday’s customer service rep transformed into an Intelligent Personal Shopping Assistant. 50% of total searchers using voice search in 2020. - Moni Media
China will overtake USA as the world’s biggest retail market in 2019. JD has announced plans to open 185 drone airports in Southwest China to use for deliveries. - Moni Group
From an Amazon robot distribution center to a Walmart robot floor scrubber, multiple examples on the robotic invasion coming to retail. Yes, Pepper makes another visit - BBC Click
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
2024 Work Trend Index Annual Report: AI at Work is Here. Now Comes the Hard Part
AI is being woven into the workplace at an unexpected scale. 75% of knowledge workers use AI at work today, and 46% of users started using it less than six months ago. It’s paying off as users say AI helps them save time (90%), focus on their most important work (85%), be more creative (84%), and enjoy their work more (83%). - From Microsoft & LinkedIn Read more
How People Get Around in America, Europe, and Asia
North America’s share of public transport and active mobility (walking and biking) is the lowest amongst all surveyed regions by a significant amount. On the other hand, public transport reigns supreme in South and Central America as well as Southern and Eastern Asia. It ties with cars in Southeastern Asia, and is eclipsed by cars in Western Asia. - From Visual Capitalist
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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