AI and Big Data – Pair to success

[MrDaniel122]

Both AI and Big Data are present almost everywhere in our daily life and play a critical role to many e-commerce businesses. These technologies are essential in collecting, storing, and analyzing customer’s information to understand their needs and market trends.
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AI & Big Data

AI can be simply understood as a human-like machine that capable of creative thinking, rational reasoning, and self-learning. Except for the shells, AI is becoming more and more “human”, from actions to the mind, and even greater in some aspects. For example, they can process a massive amount of data in a very short time to produce desired results and to find trends, patterns and predictions, which may takes months to years for human.
Big Data is a methodology to store and process large volume of data which cannot be handled by traditional computing techniques. Big data can analyze for insights that lead to better decisions and strategic business moves.

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Impacts of Big Data, AI & Tech Trends on e-commerce
Sales promote
The combination of AI and Big Data is the best solution for enhancing marketing efficiency. As mentioned, these technologies are used in collecting, storing, and analyzing customers’ information, which is the foundation to develop marketing campaign and promote sales.

+ Price: The outcome data of AI is the foundation for businesses to set a reasonable but profitable price, as well as making strategies or market campaigns.

+ Demands: By collecting and analyzing customers’ data, we can determine the current demands on both products and services.

+ Trends: Noticing the trend is the key factor to lead the market.
Each result conducted by AI and Big Data has great use for marketers.
Personalized experience
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Personalized Experience for users

These new techs contribute in creating better personalized experience for users. By analyzing data, retailers can classify customer in categories to have different approach tactics and sales methods.
Online shopping assistant
Online shopping assistant, a special feature that once considered as “luxury”, is becoming more and more common for the major online customers thanks to AI. The application of this technology is not just to create a “catchy-fancy” show but to collecting and analyzing customers’ behaviors, which is the first stage in every marketing campaign. Still, due to the high number of customer, the amount of data is too large to handle by the traditional method. This is where Big Data steps in. Customers’ information from size, preference, and financial budget will be accordingly organized and stored by the help of Big Data. The information, once again, will be processed by AI in order to provide suggestions and recommendations. To be assisted by a “human-like” program or receive fashion advices from them is truly “one in a lifetime” experience for customers.

Realizing the above overwhelming advantages of AI & Big Data, VRC Technology Corporation has been working on VRC Market research and development.

You are going to have a romantic date with your dream man and you don’t know what to wear? You are about to meet your future parents in law and need a second thought about dress code? Or you are going to the senior year Prom and want to catch the eye of that someone special?
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Big Data Technology of VRC Market Project

Whatever your situation is, we can solve it all with the new tech combining AI and Big Data. Insert your information such as your preferences, the system immediately collects and analyze your body measurements, hair color, hairstyles, and fashion styles from previous transactions to give useful advices in finding the most suitable outfit for you.

Artificial intelligence and Big Data are sure a hit to e-commerce. What they can do is beyond all expectations, transforming the e-commerce into somewhat inconceivable. That is why AI and Big Data in E-Commerce is going to be a global trend for economy in 2018.

Learn more: What Is the Future of Ecommerce in 2018

[quantumleap]

AI and Big Data – Pair to success

AI's ability to expertly work with data analytics is the primary reason why artificial intelligence and big data are now seemingly inseparable. AI machine learning and deep learning are pulling from every data input and using those inputs to generate new rules for future business analytics.