Infographic: AI Startups in Retail and E-Commerce
Artificial Intelligence is already affecting more areas of our lives than many people realize. Chatbots are the most well-known use-case. Therefore there are much more alternatives: natural language processing, image recognition, and predictive inventory.
Commerce startups are already using AI to style shoppers, adjust pricing and track consumers behavior.
According Statista in 2017, AI startups attracted around $15.2B in investment. Talking about 2018, the latest deal on the market is Series E $125M investment by Boyu Capital to in-store visual monitoring startup Trax Image Recognition.
Startups List:
Sizing & Styling: FindMine, Invertex, Bold Metrics
Conversational Commerce: Satisfi, Conversable, Mona, Deepomatic, Niki.ai, Kip
In-Store Visual Monitoring: Eversight, Cosy (Cognitive Operational Systems), Trax Image Recognition
Visual Search: Staqu, ViSenze, Cortexica, Seez, GrokStyle, Heuritech
Real-Time Pricing & Incentives: ZenClerk, Personali, Granify
Natural Language Search: Twiggle, AddStructure
Integrated Online & In-Store Analytics: Plexure, Manthan Software Services
Location-Based Marketing & Analytics: DataBerries, Invisible Media, Grey Jean Technologies
Real-Time Product Targeting: Dynamic Yield, AntVoice, Reflektion
Multichannel Marketing: Unata, Thirdshelf, Emarsys, Jetlore, Tinyclues, Sidecar Interactive, SmarterHQ, Crobox, CrossCues, AgilOne
Predictive Merchandising: Blue Yonder, Celect
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