Powering Augmented Reality

Many multinational companies, has been experimenting with new technologies to implement augmented reality in the shopping experience. Customers can choose clothes and see what they look like without actually wearing them. This helps in making decisions faster and saves the time and effort of customers. Feasability Low Type of expertise/ AI domain Artificial Intelligence

Fraud Detection

A fraud detection system helps companies to decrease unidentified transactions and increase company revenue and brand value. Many different forms of fraud exists in E-commerce businesses such as Interception Fraud, Chargeback Fraud, Payment Fraud, Promotion Abuse or Sign-up Fraud.We can detect suspicious behavior by using data science techniques like matching algorithms, anomalies detection, classification and …

Price Optimization

Price optimization techniques focus on finding the price that maximizes a defined cost function (or company’s margin), considering many factors like flexibity of prices, location of the customer, seasonal effects, special events and competitor pricing. Price automation without machine learning is based on pre-defined pricing rules, while with machine learning implies training a model capable …

Personalization

Personalization is the process of creating customized, pleasing experience for visitors. Every customer sees a slightly different version of your website which is defined by the particular audience segment the shopper falls into. Using the customer segmentation, scoring efforts with predictive modeling and recomendation engines tells the business who should they personalize their site for. …

Inventory management

Machine learning-bases approach with a deep neural network(DNN) at its core, solves an inventory optimization task more effectively than other approacches do. We skip the demand forecasting stage and calculate inventory directly. This means that we won’t have to make wild guesses about demand probability distribution. Instead, a DNN will scrutinize most detailed historical sales …

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