Unleashing Innovation: Key Takeaways from Ciklum’s Client Conference 2024

Ciklum’s 9th Annual Client Conference kicked off on September 9-10, 2024, at the historic Art Nouveau Obecní dům (Municipal House) in Prague. The event brought together industry leaders, clients, and experts for two days of lively discussions, hands-on workshops, and fresh insights into the technologies shaping the future. 

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Generative AI in Retail: 5 Ways It’s Transforming the Industry

Key Takeaways:

  • Generative AI improves customer interactions through personalized experiences.
  • AI-powered tools facilitate efficient inventory and supply chain management.
  • Retail marketing is more targeted and effective with AI automation.
  • Employee productivity is enhanced by AI-driven tools and insights.

Generative AI in Retail: 5 Ways It’s Transforming the Industry

As the global marketplace has become larger, more accessible and more competitive, the role of AI transformation in retail has become more and more important. In particular, generative AI in retail is proving to be a game-changer in supporting better customer experiences, greater personalization, and more intuitive and automated marketing strategies. 

Generative AI models use large amounts of data to produce any type of content – text, audio, video or still images – based on the prompts and commands given by the user. The ability to produce high-quality content at scale, and far faster than humans would be able to, can therefore yield some major business efficiencies that can be instrumental in driving competitive advantage.

We’ve already explored the 12 practical steps to getting started with GenAI in more general terms. So in this blog, we’ll explore the five key ways in which it can support transformation in the retail industry specifically.

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Discover the Power of Conversational AI Solutions for Business Success

Key takeaways:

  • Unlock business efficiency and enhanced AI customer engagement.
  • Leverage Ciklum and Kore.ai’s partnership for tailor-made business AI solutions.
  • Improve operational workflows and customer interactions using AI.
  • Stay ahead of the competition with cutting-edge AI tools.

Discover the Power of Conversational AI Solutions for Business Success

Conversational AI is transforming business operations and customer service all over the world. The combination of Natural Language Processing, Automatic Speech Recognition, Machine Learning and data mining mean that computers can now understand and respond to human speech and written input better than ever before.

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