How IoT Is Reshaping Retail
The Internet of Things (IoT) is booming, and it’ll keep expanding as consumers convert more aspects of their lives with digital products. Besides smart homes and smart cars, IoT is coming to retail, and it’s going to change how we shop for things like groceries and clothes forever. Here are a few ways in which […]
The Incoming Three Waves of Automation: Is AI Going to Change Everything?
By 2030, multinational consulting firm PwC estimates that artificial intelligence (AI) could boost the global economy by as much as $15 trillion. But to get to that point, society will have to endure three different waves of automation. Each one will bring its own unique set of benefits and challenges as AI integrates with the […]
Is Amazon Go the Future of Retail IoT?
Everyone’s familiar with waiting lines in retail; whether you’re shopping for groceries or clothing, you’ve probably stood around far longer than you ever wanted for your turn to make a purchase. Amazon’s new convenience store does away with this arduous errand altogether, and it may end up becoming the future of retail. Redefining ‘Convenience’ Amazon […]
The Holidays Are a Crucial Time for Mobile App Exposure
Online shopping now plays an essential role during the holiday season. Each year, it manages to capture more of the market that would usually go to traditional brick-and-mortar shopping. And it doesn’t seem to be slowing down anytime soon. Mobile’s impact on the holiday sales season will only increase over the years. But if new […]
Amazon Moves to Conquer Groceries with Whole Foods Purchase
The big business news rolling into the weekend was Amazon’s purchase of Whole Foods, a move that seemed to take the retail world by surprise. Industry analyst Charlie O’Shea calls the $13.4 billion deal “a transformative transaction, not just for food retail, but for retail in general.” Soon, Amazon will have 460 Whole Foods stores […]
Walmart Grows E-Commerce Wing with Pending Bonobos Purchase
Walmart may be the number one retailer in the world overall, but it lags far behind Amazon in online sales — and as anyone who’s paying any attention knows, the future is in e-commerce. Amazon’s exponential rise seems unstoppable; the company captured more than half of all online sales growth in 2016. It is finding […]
Amazon Aims to Conquer New Markets with Physical Stores
Last week, one of Amazon Prime Air’s drones dropped off a small box of sunscreen at an exclusive robotics conference in Palm Springs. The package was small, but the shipment itself was huge: it was the company’s first public drone delivery on U.S. soil. We are now well on our way to a future where […]
5 Big Tech Predictions for the Next Five Years
For the eighth consecutive year, IBM has released its list of five upcoming technology innovations which will make a major impact in the next five years. The 2013 edition is heavy on learning, and it’s not just people who will learn from machines; machines will also learn from people. IBM’s first prediction is that tech […]
Black Friday Boosts Apple iOS Sales to Soaring Heights
According to the mobile marketing and e-commerce trend-tracking company TapSense, Black Friday 2013 was a major windfall for mobile shopping via Apple’s iOS operating system. Consumers made mobile purchases in record numbers, and once the dust settled, staggering sales statistics emerged from major markets across the United States. The overall numbers showed a huge month-over-month […]