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

Preface

The future of commerce is here. AI-powered commerce is enabling businesses to offer new experiences and value to consumers. AI will play a critical role in the future of product and service innovation, transforming how brands engage with customers across multiple touchpoints.

Commerce.AI introduces you to the latest advances in AI and how it's being used to power new products and services across a variety of industries. You will learn about the latest advancements in AI, including deep learning, generative adversarial networks (GANs), natural language processing (NLP), and computer vision.

The book begins with an overview of different applications of AI for product and service innovation, including market opportunity identification, creating product ideas, and industry trend forecasting. You will then explore AI for innovation use cases across a number of industries, from consumer electronics to luxury goods. Finally, you'll learn how to use Commerce.AI's core features to empower your product and service teams to create innovative products and services that meet the needs of your customers.