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AI in commerce: Essential use cases for B2B and B2C

IBM Big Data Hub

Key takeaways By implementing effective solutions for AI in commerce, brands can create seamless, personalized buying experiences that increase customer loyalty, customer engagement, retention and share of wallet across B2B and B2C channels. AI models analyze vast amounts of data quickly and accurately.

B2B 64
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ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations. Predictive analytics tools use market data to forecast trends and ensure e-commerce companies sell products that will be in demand.

B2B 107
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5 Reasons Why AI-Analytics is more than just a Buzzword in 2020

bridgei2i

Forbes predicts that predictive analytics will ensure that companies get a much-needed edge this year. Using machine learning and historical data, future trends and patterns can be predicted depending on your area of concern. AI Adoption is becoming increasingly rampant among B2B companies. IoT Continues to Boom.

IoT 83
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An Overview of Sales Analytics in Event Industry

BizAcuity

Sales Analytics in simple terms can be defined as the process used to identify, understand, predict and model sales trends and sales results and in this process of understanding of these trends helps its users in finding improvement points. Image Source: [link].

Sales 67
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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 10: COVID-19 | Evolving Trends of Digital Transformation

bridgei2i

Now, how do you use signals from a pre-COVID world to predict a post-COVID demand scenario? Can we model the impact for such structural shocks? Last but not least, the crisis has also gotten enterprises to think of a lot of newer business models. How do they translate into real-world behavior?

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Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

There are a large number of tools used in AI, including versions of search and mathematical optimization, logic, methods based on probability and economics, and many others. An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data.

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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

The companies that are most successful at marketing in both B2C and B2B are using data and online BI tools to craft hyper-specific campaigns that reach out to targeted prospects with a curated message. As mentioned above, one of the great benefits of business intelligence and analytics is the ability to make informed data-based decisions.