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In the slide deck about the LLM evaluation, I emphasized that the evaluation of AI systems must be tailored to meet specific business objectives. This principle, despite its importance, is often overlooked by many teams. To illustrate the significance of this alignment, consider the success story of a now-prominent e-commerce platform. In its early days, with a limited inventory and customer base transitioning from competitors, the platform prioritized expansive recall over precision to avoid disappointing customers with a perceived lack of options. This strategic focus on recall over precision was instrumental in retaining customers and fostering business growth. As the platform expanded its inventory to tens of millions of items, the emphasis shifted towards improving precision. This careful calibration of metrics and system development in response to evolving business needs has been a key factor in its evolution into a multi-billion-dollar enterprise. Had the platform adhered to a standard approach prioritizing both high precision and recall from the outset, it's unlikely that it would have achieved the same level of success.

Delve into the biggest e-commerce trends brands will leverage in the second half of 2024 with our sixth annual e-marketplace report, meticulously analyzing the operations of over 1,000 U.S. businesses. Gain invaluable insights into how brands will utilize AI technologies, loyalty programs, and beyond 👉https://ow.ly/3V5p50SfBXO #ECommerceInsights #EcommerceTrends

The evolution of online shopping has revolutionized how we engage with e-commerce. Today, mobile devices dominate, surpassing desktops in sales, demanding businesses adopt a mobile-first strategy for seamless user experiences. Frictionless payments, powered by digital wallets and biometric tech, ensure speedy, secure transactions. Personalization, driven by AI, tailors each customer's journey, boosting engagement. Same-day delivery is now standard, challenging businesses to optimize logistics. With tech like AI chatbots and AR/VR enhancing customer interactions, the future lies in tech-savvy strategies that prioritize convenience and personalization, redefining the e-commerce landscape. Charter Global #ecommerce #futureofretail #charterglobal #technologytrends

Artificial Intelligence (AI) is no longer a futuristic concept. It has seamlessly integrated into our daily lives, and e-commerce is a prime example of its transformative power. From personalized shopping experiences to revolutionizing supply chain management, AI is reshaping the industry at an unprecedented pace.

Missed our webinar? Here’s what you need to know! Our recent webinar, “Revolutionizing Retail: E-commerce Innovation with Claire’s & Aspire Systems,” provided a wealth of knowledge on the evolving landscape of retail. From digital commerce strategies and execution success factors to the future of composable commerce and AI, the discussion was both enlightening and forward-thinking. 👉 Swipe through to explore the key takeaways and gain insights into how these trends and strategies are shaping the future of retail. #retailtransformation #claires #customerinsights #hypertargeting #composablecommerce #digitaltransformation #sfcc #salesforcecommercecloud #salesforce

Super exciting #partnership. I’ve not spent much time thinking about how #AI is going to change the experience I have as a retail consumer but this has really made me think. 💥Sales personnel replacement - Amazon go and just watch out technology is super interesting. No need to pay you’re charged as you pick up goods 👀 💥AI logistics management - warehouse drones 💥Personalized customer experience - biometric and face recognition can recognise the consumer and provide tailored recommendations/ experience in store 💥AI product searches - anyone can take a picture of any product and find it online via AI technology I think the next few years are going to be very interesting for us all as AI is deployed at scale.

What if AI could completely transform eCommerce for your business? Well, it can, but there are some bumps on the road. Many businesses struggle with challenges like integrating AI seamlessly, fear about data privacy, and the constant need for updates. It’s a lot of work, right? At Data Science London, we get that. That’s why our automation workflows and AI chatbots are designed to make life easier for you. Imagine accurate, instant results that slash your workload and costs, all while improving customer experiences. Take the plunge into the future and let’s tackle eCommerce challenges together! Vikky - datasciencelondon.uk https://lnkd.in/gNUYPbfT #AIinEcommerce #BusinessAutomation #DigitalTransformation #TechTrends #FutureOfBusiness Check here your next automation platform: https://lnkd.in/ecwFCrHp

Inventory management with AI Agent How SmythOS AI Agents are revolutionizing workflow automation across various industries! 🌟 🔍 Intuitive Visual Builder: Say goodbye to the complexities of AI logic. SmythOS's Visual Builder brings a user-friendly interface, allowing clear visualization of AI operations and node interactions. This makes managing and understanding complex AI workflows as simple as it gets. 🧠 Control Over AI's Non-Deterministic Nature: One of the unique challenges of Large Language Models (LLMs) is their unpredictable behavior. SmythOS turns this challenge into an opportunity, providing you with precise control over AI decisions. The blend of #NoCode builder and AI-powered analytics means more predictability and efficiency in your operations. 🚀 Empowering Various Domains: Whether it's finance, healthcare, retail, or any other sector, SmythOS AI Agents are versatile enough to adapt and optimize various workflows. By automating routine tasks, providing predictive insights, and enhancing decision-making, these agents are not just tools but game-changers. 🔗 The Future is Now: As we continue to innovate and expand the capabilities of SmythOS, the potential for transforming industries is limitless. Stay tuned for more exciting developments! #AI #WorkflowAutomation #SmythOS #Innovation #FutureOfWork

that are so valuable they should charge $100,000 for the information & insight they provide: 1. AI Commerce Guru - Breaks down AI trends. 2. Data Secure E-Tail - Focuses on privacy in AI. 3. Efficient E-Shop Tech - Streamlines operations. 4. AI Innovate Now - Explores cutting-edge solutions. 5. Customer AI Connect - Enhances customer satisfaction. Dive in and watch your e-commerce grow! 🚀 Got questions on AI for e-commerce? Drop 'em below or hit us up @ColderICE. 📈 #EcommerceGrowth #AIIntegration #ResponsibleAI

As retailers brace for the inventory-related challenges and opportunities that 2024 will bring, the focus will be on investing in the best technology in order to not simply survive, but to thrive. However, there are key trends emerging in the world of inventory planning which retailers should have on their radar: the rise of AI, the increasing need for open-to-buy planning and the growing importance of real-time insights. Sage has summarised the trends in this free guide, including thoughts on the state of inventory planning and management in 2024 from our very own Head of Client Services Lucy M.. Download the report here: https://lnkd.in/e44pmXq7 #shopify #shopifyplus #retail #ecommerce