Artificial intelligence (AI) is making a huge impact on retail as robots are now assisting with inventory checks, monitoring when floors are dirty, and much more.
Because supermarkets, for example, often have difficulty keeping up with labor staffing challenges, robots are helping them manage consumer traffic patterns and keep track of price tags.
Robots are also delivering business intelligence (BI) on consumer buying behaviors and crowd reaction.Juniper Research predicts retailers will spend $7.3 billion on AI by 2022, compared with the approximately $2 billion spent in 2018.
Both brick-and-mortar and online retailers are now deploying robots.
"We are seeing a lot of robotics-based investments come to fruition, especially when you want fast shipping processes," said Pravin Pillai, Global Head of Retail Industry Solutions for Google Cloud.
Artificial intelligence (AI) is making a huge impact on retail as robots are now assisting with inventory checks, monitoring when floors are dirty, and much more.
Because supermarkets, for example, often have difficulty keeping up with labor staffing challenges, robots are helping them manage consumer traffic patterns and keep track of price tags.
Robots are also delivering business intelligence (BI) on consumer buying behaviors and crowd reaction.Juniper Research predicts retailers will spend $7.3 billion on AI by 2022, compared with the approximately $2 billion spent in 2018.
Both brick-and-mortar and online retailers are now deploying robots.
"We are seeing a lot of robotics-based investments come to fruition, especially when you want fast shipping processes," said Pravin Pillai, Global Head of Retail Industry Solutions for Google Cloud.