Artificial intelligence (AI) is one of the hottest software development trends in the retail industry. With AI-powered retail software solutions, retailers can automate various tasks, including inventory management, product recommendations, and customer service. AI-powered chatbots are now being used by many retailers to provide 24/7 customer support, allowing them to respond to customer queries in real-time.
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Increasing Use of Artificial Intelligence in Retail Software Development
1. QR CODES
WWW.ATEAMSOFTSOLUTIONS.COM
RFID TECHNOLOGY
AUGMENTED REALITY
Quick response (QR) codes are small,
barcode-like combinations of black
squares that retrieve information when
scanned using a smartphone camera.
Ask any retailer what tasks they hate
most, and “managing inventory” is
bound to make the list. Retailers spend
hours stock-taking, and 62% blame
human error when things don’t line up.
Augmented reality (AR) is a relatively
new technology that places graphics
over real-world settings. Think
Snapchat filters—cartoon ears,
glasses, or features that appear over
your face and move when you do.
NFTS
Non-fungible tokens (NFTs) are unique,
digital pieces of content—such as
images, video, tweets, and audio—
owned by one person. Information
about the token is stored on a secure
and decentralized data record known
as a blockchain.
SMART CHECKOUT
The traditional checkout experience is
fast becoming out of date. Retailers
who fail to implement mobile point-
of-sale technology at their stores
face long queues.
SOFTWARE
DEVELOPMENT TRENDS
IN RETAIL INDUSTRY