Uploaded byMd Javedul Ferdous
Artificial Intelligence in E-Commerce
The document discusses the role of artificial intelligence (AI) in e-commerce, highlighting its benefits such as consistency and enhanced computing capabilities. It details various AI applications like chatbots, visual search, recommendation engines, and dynamic pricing, along with investment figures from major companies like Amazon and Alibaba. Additionally, it mentions projected growth in AI investments and competitiveness in the market by 2020.
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Artificial Intelligence in E-Commerce
- 1. Artificial Intelligence in E-Commerce Department ofComputer Science American International University-Bangladesh Presented by MD Javedul Ferdous Niladri Shekhar Majumdar
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- 4. Why use ofAI ▷ Consistency ▷ Level of Computing
- 5. How AI couldbe evolve in E-Commerce?
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- 8. Visual Search andVisual Listen
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- 13. Budget and Investment Nameof Company Budget and Investment Ocado $232 Million Amazon $5 Billion Alibaba $15 Billion
- 14. Budget and Investment(cont.) ● Forrester Research prediction, AI-related investments growth about 300 percent in 2017. ● Businesses becoming more competitive by 2020 and gaining $1.2 trillion per year.
- 15. Market Plan ● Productrecommendations. ● Prioritize top selling products. ● Programmatic advertising
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Editor's Notes
- #14 Here we provides some budget and investment information for robotics, automation, research and development for the next one or three years of world top giants e-commerce companies.
- #16 1)Many e-commerce websites use AI-powered product recommendations engines to target and personalize which products are displayed to customers. 2)A variation of machine learning algorithms that prioritize top selling products may be used on a product details page while algorithms that prioritize complimentary products may be used on the cart and checkout pages. 3)Albert, a smart AI software that can simplify and automate campaign management without human intervention.