Analytics

The buzz.The buzz that sends fear into the hearts of retailers, suggesting that online shopping has come to replace offline, and there is no turning back.Indeed, internet allows customers to order anything from diapers and soda to perfectly fitting clothing and even gardening tools without leaving the comfort of their homes, so why would anyone bother visiting a physical store while dealing with traffic jams, long travel times (and a dozen of other obstacles) to buy the same stuff?But then…

Artificial intelligence (AI) has become one of the most powerful tools a retailer can wield. From recommending an author to a customer to recommending a store location, AI empowers retailers to a degree that wasn’t thought possible 20 years ago. Mike Mack, Co-Founder and CEO of Fract, a geospatial AI platform for retailers, illuminated just how valuable AI technology is to the retail world and covered parts of its application in a recent conversation with Retail Technology Insider.

The future of geospatial technology probably isn’t a map. The future of geospatial tech might be an email alert, a report, a graph or an ordered list. In fact, it will be all those things and likely more.

3 Ways How Technology is Revolutionizing Predictive Analysis

‍“Decisions are the hardest thing to make, especially when it’s a choice between where you should be, and where you want to be.”