article thumbnail

Retailers can tap into generative AI to enhance support for customers and employees

IBM Business Partners

According to IBM’s latest CEO study , industry leaders are increasingly focusing on AI technologies to drive revenue growth, with 42% of retail CEOs surveyed banking on AI technologies like generative AI, deep learning, and machine learning to deliver results over the next three years. trillion on retail businesses through 2029.

Retail 95
article thumbnail

10 everyday machine learning use cases

IBM Business Partners

Machine learning (ML)—the artificial intelligence (AI) subfield in which machines learn from datasets and past experiences by recognizing patterns and generating predictions—is a $21 billion global industry projected to become a $209 billion industry by 2029.

Banking 51