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

Using Commerce.AI for wireless networking brands

The wireless networking industry is one of the most mature, yet dynamic, sectors today. From smartphones to IoT devices, and from smart homes to self-driving cars, everyone relies on wireless technology for communication and connectivity.

Wireless networking brands are in the business of connecting people – and that's a big opportunity. Consumers want to use their favorite brands across multiple platforms – so how can connectivity brands create value for customers? How can they capitalize on this massive opportunity? In the following sections, we'll explore how brands can answer these questions with data-driven solutions.

Enter data-driven solutions

The role of data-driven solutions in the wireless networking industry has evolved tremendously since 2020. At the turn of the century, only a tiny minority of consumers had access to online retail sites. Today, over 90% of all US consumers have made a purchase...