With increasing cost pressures and ever demanding consumers, Retail CPG industry is in for some interesting times (to say the least). However, this also presents a huge opportunity for companies to revolutionize the industry. The emerging markets and the technology platforms are key to potentially reshape this industry. Additionally, depending […]
Security in a digitally enabled Retail CPG world
I was reading an article dated Oct 9th, 2018 stating that Apple contracted police across the US to deter thefts at their retail stores. In California alone, the reported loss was around $1 million, with thieves dashing in & out of stores in a few minutes, stealing demo items. I […]
Leveraging Augmented reality (AR) and virtual reality (VR) in travel industry
Travel and technology have become inseparable today.
Can you imagine being transported to a picturesque beach or a plush bar in an instant? Virtual Reality (VR) enables such experiences, which are referred to as 4D. According to forecasts, VR and Augmented Reality (AR) markets are set to reach $150 billion 1 with strong […]
Impact of Artificial Intelligence (AI) & Machine learning (ML) on retail
Lauren Desegur, VP of customer experience engineering at WalmartLabs said,
“We’re essentially creating a bridge where we are enhancing the shopping experience through machine learning. We want to make sure there is a seamless experience between what customers do online and what they do in our stores.”
Ivano Ortis, VP at IDC […]
Engineering Voice Activated Shopping assistants
Amazon Echo and Google Home, popular voice-activated speakers, are radically changing the way people shop. Today, all you need to do is just ask. Given the growing popularity of the voice-command devices, it’s evident that this is the future of retail and consumer product group (RCPG).
In the US, Walmart and […]
Re-‘Engineering’ the Future – Impact of technology on banking, retail, CPG industries
I was recently interacting with a CxO of a Fortune 100 banking firm and something he said caught my attention – “The future CEO of our organization may very well be an engineer and not necessarily someone from the banking industry.”
I kept thinking about this point for a few days and my curiosity […]