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Update on SAP AI Initiatives Going into 2025

Bramasol

Industry-specific AI models for sectors like retail, manufacturing, telco, and healthcare. It achieves this by offering intelligent recommendations, personalized experiences, automated tasks, and deeper customer insights at every interaction point, all driven by data analysis within the SAP ecosystem.

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Retailers Should Contact Shoppers By Email, Says Study

PYMNTS

Retailers should take initiative in communicating with shoppers — especially younger ones — by email rather than social media channels, a new report by Bluecore found.

Retail 69
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Chatbots: Friend Or Foe Of Retail?

PYMNTS

Over the last few years, chatbots have taken the retail space by storm, helping to automate several key aspects of customer service. Some may argue that retailers should be extra careful when it comes to chatbot development, but others are moving forward at full force. What’s the effect of chatbots on the retail industry?

Retail 71
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Why Retailers Are Crowdsourcing Delivery

PYMNTS

The general experience can apply to retail goods, including groceries. After all, the principle is the same, no matter the retail sector: using a digital platform that crowdsources from big commerce ecosystems to provide more efficient deliveries of goods. Retail Benefits. He’s basically getting paid to go home.”.

Retail 73
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Bitcoin Daily: HTC’s Exodus Blockchain Phone Now Supports Bitcoin Cash; Parsiq Offers Blockchain Data Analysis

PYMNTS

German crypto investment startup Neufund announced it has launched its first retail offering. The company’s main goal is to reduce market manipulation and boost transparency, according to Cointelegraph.

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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed.

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Retail ?Armageddon? Predictions Spur Alternative Scenarios

PYMNTS

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. However, this shift does not portend a complete abandonment of brick-and-mortar retail. percent of U.S.

Retail 52