Jan 14 2019
NRF 2019: AI and Intelligent Automation Continue to Transform Retail
NRF's Katherine Cullen says artificial intelligence has a place in every aspect of retail: supply chain management, demand forecasting, marketing campaign management and more. She revealed the results of a new study on the topic this week.
Katherine Cullen, Director, Industry and Consumer Insights, NRF
- The NRF/IBM study, "The coming AI revolution in retail and consumer products," was released Monday during NRF 2019 Retail's Big Show.
- Researchers surveyed more than 1,900 retail and consumer products executives in 23 countries, and found that 2 in 5 retailers are already using intelligent automation. That number is expected to double by 2021.
- Greater agility and the ability to make game-changing decisions faster are some of the top benefits of AI-fueled technology.
Can't make this year's show in New York? Uncover all of BizTech's reporting from the show here.