Retail Machine Learning & AI Solutions
AI/ML solutions in retail are helping firms align their offerings with the expectations of customers
AI in retail is becoming increasingly critical for enterprises. The disruptive impact of machine learning and artificial intelligence can be seen across the value chain: Harvard Business Review states AI can help retailers reduce customer churn by up to 20%. It is emerging as a powerful tool for retail brands to be more strategic with customers, and IBM states 84% of retailers believe that AI will help them gain or sustain a competitive advantage.
In a digitalized era where today’s customers seek personalized products and services, ML and AI in retail are helping firms align their offerings with customers’ expectations. Salesforce states that 51% of consumers are willing to shop more frequently at retailers that offer personalized experiences powered by AI. If your firm is not doing this, you will likely lose your wallet share. It’s time for retailers to help people find products in their precise moment, and perhaps before they even perceive that need. This shift requires designing experiences that merge an understanding of human behavior with large-scale automation and data integration.
Mosaic helps retail customers utilize AI & ML to solve their biggest industry problems and find a starting point for their commerce data using techniques such as computer vision to customize search results in real-time and machine learning for inventory management decisions. We offer on-demand access to top-performing data scientists that will work with you to develop the right tools and capabilities to better interact with your customers, operate more efficiently, and facilitate ongoing learning from data. Retail customers report a sustained competitive advantage from working with Mosaic.
Featured Retail Clients
Don’t have time to review right now?
Mosaic has deployed AI, ML, and advanced analytics for the following retail use cases
Price & Promotionality
Mosaic fuses several dynamic data sources to build actionable enterprise AI pricing systems.
Demand Planning | Inventory Management
Mosaic uses analytics to combine historical and real-time data, to identify patterns that traditional forecasting would have missed.
AI-Driven Customer Experience Modeling
Mosaic helps our retail customers deliver experiences driven by AI.
Machine Learning for Customer Churn
Leverage customer attributes and behavior to establish a data-centric risk management system.