Rethinking the Role of System of Record Systems in the Age of AI. Traditionally hailed as the bedrock of structured data management, these systems have played a crucial role in bringing order to chaotic business processes. However, the rise of advanced artificial intelligence, particularly exemplified by systems like ChatGPT, is beginning to reshape the very foundation of how businesses handle structured and unstructured data.
The retail industry is undergoing a paradigm shift as it harnesses the power of generative AI and Language Models with Long-Form (LLMs) capabilities. These cutting-edge technologies offer a wide array of use cases that revolutionize customer experiences, optimize operations, and drive business growth. In this blog, we will explore 10 key applications of generative AI and LLMs in retail, while also discussing the benefits and challenges associated with implementing these technologies.