Seminar: An AI Transformation Strategy in Retail
A new generation of data-driven retailers threaten the old order. Amazon is coming for legacy retailers of all stripes, including the supermarket industry, which has so far alluded disruption. Amazon’s cashier-less, “ghost” supermarkets not only eliminate the dreaded queue, but they also take full advantage of robust personal data about each shopper, custom-tailoring the experience with targeted coupons and offers. Fashion and grooming companies like ASOS, Net-A-Porter, Farfetch and Dollar Shave Club are thriving despite being in competition with some of the world’s most exclusive brands, primarily because they use data to better target consumers with their often cheaper wares. This year, for the first time, online transactions and sales will outweigh brick and mortar retail revenue.
Data, AI and Machine Learning are the way forward for each and every business. Those tools will transform the world into a data-driven economy, especially in the retail sector, and it all starts with an ‘AI Transformation Strategy’
Moderator: Eugene Fisher, Head of Retail Tech at Tech London Advocates (TBC)
Keynote speaker: Priti Padhy, CIO - ICS AI Ltd and Former Global Director at Microsoft (2008- 2016) Priti Padhy is former Global Director at Microsoft (2008- 2016), prior to this he was Head of Data, UK at Microsoft (2006- 2008), and has been CTO at KPMG UK (December 2016- June 2018). Currently Priti is Chief Innovation Officer at an AI Engine firm that is focused on developing AI Engine technology and auto response Bots.