Book Image

AI-Powered Commerce

By : Andy Pandharikar, Frederik Bussler
Book Image

AI-Powered Commerce

By: Andy Pandharikar, Frederik Bussler

Overview of this book

Commerce.AI is a suite of artificial intelligence (AI) tools, trained on over a trillion data points, to help businesses build next-gen products and services. If you want to be the best business on the block, using AI is a must. Developers and analysts working with AI will be able to put their knowledge to work with this practical guide. You'll begin by learning the core themes of new product and service innovation, including how to identify market opportunities, come up with ideas, and predict trends. With plenty of use cases as reference, you'll learn how to apply AI for innovation, both programmatically and with Commerce.AI. You'll also find out how to analyze product and service data with tools such as GPT-J, Python pandas, Prophet, and TextBlob. As you progress, you'll explore the evolution of commerce in AI, including how top businesses today are using AI. You'll learn how Commerce.AI merges machine learning, product expertise, and big data to help businesses make more accurate decisions. Finally, you'll use the Commerce.AI suite for product ideation and analyzing market trends. By the end of this artificial intelligence book, you'll be able to strategize new product opportunities by using AI, and also have an understanding of how to use Commerce.AI for product ideation, trend analysis, and predictions.
Table of Contents (17 chapters)
1
Section 1:Benefits of AI-Powered Commerce
5
Section 2:How Top Brands Use Artificial Intelligence
11
Section 3:How to Use Commerce.AI for Product Ideation, Trend Analysis, and Predictions

Summary

AI is a very broad concept. The way we use the term varies, depending on the context. In most cases, it refers to machines that can carry out difficult tasks on their own by learning from data.

Commerce.AI, as an AI platform, stands between you and your data so that you can build products that solve customers' problems more effectively than before, including by using creative AI. It captures data from every part of the product ecosystem and allows you to ask questions about products in ways a human never could, and it turns raw data into valuable information that you can use to improve your products and make better decisions about how to grow your business.

Through the pillars of language understanding, visual understanding, information extraction, and information organization, you can use AI to empower product teams with more efficient creative ideation. Creative ideation is vital for product success, but it's not the only skill you need. Industry trends change...