AI for Retail Industry

Turn Visitors into Customers, Customers into Loyal Customers through AI

Artificial intelligence (AI) is taking the business world by storm. The global artificial intelligence market that was US$126.2 billion in 2015 is forecasted to achieve a value of US$3,061.35 billion by the end of 2024. In this emerging space, the retail industry has been among the early adopters of AI, aiming at achieving a first-mover advantage. Blending natural language interface, machine learning and big data, artificial intelligence is enabling higher and interactive customer experience in retail. In addition to it, AI helps retailers make critical business decisions in marketing and product lifecycle management faster by effectively, quickly transforming data into insights.

At FuGenX, we offer cutting-edge AI solutions for the following retail businesses globally:

  • Hypermarket chains
  • Supermarket chains
  • Department stores
  • Speciality Stores

Common Challenges Faced by Retailers

  • Time-consuming product launch
  • Traditional inventory management
  • Lack of cognitive assistance
  • Inconvenient product search
  • Losing competitive edge
  • Regular fraud activities

Solutions Offered through AI

  • Gesture recognition
  • Virtual mirrors
  • Efficient supply chain management
  • Optimal pricing of merchandise
  • Forecasting inventory velocity
  • Fraud detection
  • Visual search
  • Visual listening
  • Automation of in-store operations
  • Empowerment of store workers
  • Managing assortment of products
  • Personal Shopping assistants
  • Easy way to access the data
  • Improved product recommendations to build customer journeys
  • Store footprint optimization to open new stores based on opportunities and challenges

Who We Are

FuGenX Technologies is a global Artificial Intelligence company, offering cutting-edge AI services and solutions for new-age and leading retailers in Chantilly, Virginia, Dallas, Texas, Bangalore, India and for the global market.

Need result-driven Retail AI solutions?

Connect with Our Retail AI Experts Now