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9 ways machine vision is transforming retail

1 9 ways machine vision is transforming retail

In recent years, more and more retailers are using real-time video analytics and facial recognition to improve security, customer experience, service level, and traffic analysis. According to Corsight AI, which provides Facial Intelligence technology to leading retail chains and malls around the world, these are some of the common uses:

Average DDoS attack cost businesses £325,000 in 2023, according to new Zayo data

2 Average DDoS attack cost businesses £325,000 in 2023, according to new Zayo data

Zayo Group, the global communications infrastructure provider, has released its annual Distributed Denial of Service (DDoS) Insights Report, which found a significant increase in the intensity of DDoS attacks—and their impacts on businesses—in the second half of 2023.

89% of consumers say it is important to them that a small business has ethical values, survey reveals

3 89% of consumers say it is important to them that a small business has ethical values, survey reveals

As consumer awareness grows around the consequences of their buying choices, the focus has turned towards the ethical conduct of enterprises - with particular attention on small and medium-sized businesses (SMEs).

Over two-thirds of IT security decision-makers report an increase in cybersecurity budgets for 2024

4 Over two-thirds of IT security decision-makers report an increase in cybersecurity budgets for 2024

Infosecurity Europe 4-6 June 2024, the security event running at ExCeL London, has announced findings from research into the cybersecurity budgets of organisations, with 69% of surveyed IT decision-makers citing that they have seen, or will see, their cybersecurity budgets increase between 10-100% in 2024.

UK B2B payments volume to surpass 10 billion by 2028, as payment automation powers efficiencies

5 UK B2B payments volume to surpass 10 billion by 2028, as payment automation powers efficiencies

A new study from Juniper Research, has found that savings from the adoption of payment automation systems will allow reinvestment in revenue-generating activities; driving an 18% growth in UK B2B payments by 2028, from 8.7 billion in 2024.

Purchasing Power launches eBook to help manufacturing HR teams recruit and retain top talent

6 Purchasing Power launches eBook to help manufacturing HR teams recruit and retain top talent

Purchasing Power has launched the 2024 Manufacturing Financial Wellness eBook.

Global market for healthcare chatbot to total US$ 12.2 billion by 2034 – Future Market Insights Report

7 Global market for healthcare chatbot to total US$ 12.2 billion by 2034 – Future Market Insights Report

The healthcare chatbot market is on the brink of reaching a substantial valuation, projected to reach US$ 1.4 billion by 2024.

Underwhelming in-store device experience tempers consumer excitement for AI in retail

8 Underwhelming in-store device experience tempers consumer excitement for AI in retail

New research from SOTI has found that while 95% of UK consumers have used in-store tech, only 23% believe in-store devices – such as kiosks, tablets, scanners and mobile computers – enhance their experience.

The findings come from SOTI’s latest report, Techspectations: Consumer Demand for Digital Transformation in Retail, which surveyed 11,000 global consumers, including 2,000 in the UK.

Retail is top for local gift card sales in 2023 with, 69% uplift in 2024 to date

9 Retail is top for local gift card sales in 2023 with, 69% uplift in 2024 to date

Retail is top for local gift card redemptions in the UK in 2023 says Miconex. Primark, M&S, Boots, Next, Sainsbury’s, John Lewis and Aldi are within top national retailers. Around 50% of cards are spent with independent retailers and businesses.

B2B2C

10 B2B2C

The predicted convergence between B2B and B2C is set to continue in 2024, which puts even greater pressure on product information management. However, as Kristin Naragon, Chief Strategy and Marketing Officer at Akeneo explains, there are rich benefits for both sellers and buyers.

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