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Increasingly’s Deep Neural Networks, AI Deliver Smart Product Bundles for Online Retailers

Bricks and mortar retail stores are king when it comes to the cross-sell. A store could show off the summer display of tents and camp chairs at the end of the aisle, hang the large yellow “2 for 1” sign above the stack of stainless steel coffee mugs and instruct the salesperson to tout the comfy camping mattresses around the corner.
When it comes to online stores, that kind of cross sell bundling is pretty dismal. This fact didn’t go unnoticed by technologists and serial entrepreneurs Sri Sharma and Satish Jayakumar.

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Five Mistakes Made When Working with Startups: Learn How to Open the Door to Groundbreaking Innovation

By Jon Nordmark, CEO/cofounder of Iterate.ai It’s no secret that small startups hold an important key to innovation for large retailers. But in 2019, collaborating with startups must become a priority for those companies that want to stay ahead of the curve and innovate in the age of artificial intelligence.

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2019 M&A activity to heat up for AI startups

Artificial intelligence isn’t simply another technology trend. It represents the next generation of computing, and we’re experiencing a major AI renaissance. Going forward, every aspect of our lives will be influenced by it. As Amazon CEO Jeff Bezos says, “we’re living in the golden age of AI.”

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Online Journey Hijacking costs eCommerce companies billions. Here’s the startup that wants to save you.

Imagine a customer standing inside your retail store, loving a pair of your handmade sneakers and taking them to the cash register to buy them. You’re thrilled —  until suddenly a guy from a competing store down the mall appears by the shopper’s side. He holds up the same sneakers at half the price.Now take that scenario online, and you’ve got a huge problem affecting tens of thousands of retailers. This practice is known as online journey hijacking and uses “ad injector” software to insert competitive ads onto website pages within an online shopper’s browser.

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How Amazon’s AI assault entangles 13 acquisitions, nearly 7,000 AI employees, a $22B R&D spend, extensive crowdsourcing and contests

By Jon Nordmark, CEO, co-founder @ Iterate.ai & eBags.com; Linkedin Top Voice 2017 Amazon’s AI activities are more extensive and complex than many journalists and research firms report. In addition, Amazon’s impact is immediate because Amazon has direct access to consumers via channels like Whole Foods, Echo Show, Echo Look, Amazon.com,

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Why IoT, PII, blockchain + AI rank as high priorities @ Amazon

By Jon Nordmark, CEO, co-founder @ Iterate.ai & eBags.com; Linkedin Top Voice 2017 As Amazon acquires #IoT #startups like the Blink security doorbell (Q4 ’17), #Amazon actively works on blockchain + launches AI-based products like DeepLens. While blockchain, AI, and IoT are interesting unto themselves, the combo of the three is powerful and a

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Building an AI first organization: A CEO Guide

It’s almost been six months since Google’s CEO Sundar Pitchai made the statement on positioning Google as an AI first company. Since then a few of the senior executives I know have asked me how to go about doing this with their own organizations. In this article, I am sharing some thoughts

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Zero-Click: The Voice Battleground

With all the major players such as Amazon, Google and Apple releasing voice assistant home products, the home voice market is heating up and quickly gaining consumer adoption. A year ago, I had an Amazon Echo Dot. Now I have one in every room. I even have one retrofitted in

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Tech-Enabled Private Label… Amazon’s $20 billion business… a menacing new formula

By Jon Nordmark, CEO, co-founder @ Iterate.ai & eBags.com; Linkedin Top Voice 2017 Amazon’s Private Label Product (PLP) will grow 10-fold to $20 billion in revenues over the next five years … making PLP (alone) the size of a Fortune 150 company. Read on LinkedIn

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