Virtual Reality – Shaping the Future of Retail Industry

Virtual Reality – Shaping the Future of Retail Industry

Right from artificial intelligence (AI) to augmented reality (AR) and virtual reality (VR), the latest, emerging technologies are shaping the retail industry at an expeditious pace. Albeit, not yet in the hands of every customer, virtual reality (VR) is gaining a lot traction in the e-commerce industry, lately, and is finding its place in the technology market.

Virtual reality is changing the retail industry not just because of the reasons that customers are covering their eyes with VR glasses. But, the concept of an entirely personalized customer experience, showcasing products you wish, in a place you can relate to, without having to leave your home is sufficient to hone the appetite of a consumer.

On the other side, retailers are also desirous in leveraging the advantages of the virtual reality (VR) solutions, with the virtual reality industry expected to reach nearly $150 billion by the year 2020.

Vcommerce (Virtual reality commerce) is not going to replace e-commerce, not in the near future, at least -- But rather become a supportive technology, defining a true omnichannel experience to shoppers. The real ability of vcommerce is bridging the “trust gap� online shoppers and their online shopping experiences. There are still brick and mortar retailers who ...


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Hot Trends in AI Advancements you Should Know

Hot Trends in AI Advancements you Should Know

Artificial Intelligence is nothing new, the renewed interest in it, is though. The biggest tech companies in the world are dedicating efforts to the field. Whether it's making smart devices, smart vehicles or voice assistants and robots, every company has its own take on AI. Facebook, Google, Microsoft, Samsung, and more companies are all working on AI in some form.

The developments in AI have been rapid and the momentum is not poised to slow down anytime soon. When Google introduced Google Now and voice search, Apple had Siri and Microsoft introduced Cortana. Digital assistants allowed to interact with devices through voice and have conversational help always available to the users. We could talk to our devices just like any other human. That is how AI chatbot technology changes the humech bond. That was AI going mainstream.

We had glimpses of robots learning quickly and adapting as per human needs in recent movies like Her and Ex Machina. Even saw the pitfalls of them outsmarting their own creators and theories of a war between robots and humans not being too far away.

There has even been a controversial conference on Love and Sex with Robots just on 19-20th December in London where as ...


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