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Tag: Artificial intelligence

The biggest challenge facing e-commerce sector in India & how to overcome it, Retail News, ET Retail

By Naman VijayIndia’s retail market is estimated to be worth $600 billion. Today ecommerce comprises only 5% of the total. Compare that to the 15% stake e-commerce has in the US market, and it becomes clear there’s still plenty of room for growth. Despite efforts like ‘Digital India’, affordability of smartphones and data packages, vast …

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As robots take over warehousing, workers pushed to adapt, Retail News, ET Retail

NORTH HAVEN, Conn. – Guess who’s getting used to working with robots in their everyday lives? The very same warehouse workers once predicted to be losing their jobs to mechanical replacements . But doing your job side-by-side with robots isn’t easy. According to their makers, the machines should take on the most mundane and physically …

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From retail to robotics, Jeff Bezos is betting big on technology, Retail News, ET Retail

Amazon Inc, the world’s largest online retailer, is being known these days as more of a technology company, and rightly so. Technology is at the core of whatever Amazon does — from algorithms that forecast demand and place orders from brands, and robots that sort and pack items in warehouses to drones that will soon …

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Amazon, Flipkart lead in B-school hiring, Retail News, ET Retail

NEW DELHI: In the hunt for talent on Indian campuses, early trends show Amazon as the top recruiter among ecommerce and tech companies with Walmart-owned Flipkart following closely. At the National Institutes of Technology (NITs), where final placements are underway, Amazon is ahead. It also leads in summer placement offers at the Indian Institutes of …

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Google, Amazon, likes to hire women at Bengaluru job fair, Retail News, ET Retail

Bengaluru, Several top-notch tech firms will be part of 50 recruiters to encourage and hire women in various tech roles at a job fair and technology conference here on November 6-8, a non-profit organisation said on Friday. Google, American Express, Amazon, Goldman Sachs, Western Digital, Wells Fargo, NetApp, Oracle, SAP, Credit Suisse and Adobe are …

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Speedy delivery hits Amazon’s bottom line; shares slump, Retail News, ET Retail

San Francisco, Oct 24, 2019 -Amazon on Thursday reported that quarterly profits shy of Wall Street forecasts, sending shares of the tech giant tumbling in after-market trades. Net income slid 27 percent from last year to $2.1 billion, with profits pressured by Amazon’s spending to speed up most deliveries to one day. Revenue climbed 24 …

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Outback Steakhouse is testing A.I. to help improve customer service

Customers enter a Bloomin’ Brands’ Outback Steakhouse restaurant at the Queens Place Mall in the Queens borough of New York. Victor J. Blue | Bloomberg | Getty Images The next Outback Steakhouse you walk into could be more similar to an Amazon Go store than you would think. The casual-dining chain, which is owned by …

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