AI Trends in Retail: How Data Annotation is aiding its development?

Description

Artificial Intelligence boosts productivity saves time and increases efficiency when applied across industries. In retail, the story is no different. AI is already being used by savvy retailers to improve productivity and profitability. Retail business owners are investing in cutting-edge technologies, including Artificial Intelligence, robotics, data analytics, and logistics automation, becoming more customer-centric and responsive to demands in the industry.
The Retail Industry today is more fragmented and competitive than ever before. The aim of AI technologies seems to be to enhance the shopping experience by providing convenience or increasing engagement. Brands and business leaders need to be aware of the trends shaping the future of retail and the changing priorities of consumers. Transparency, purpose, sustainability, and inclusivity are among the most important concerns retail businesses need to address, publicly, to secure their future success.
At TagX, we combine technology with human care to provide image annotations and video annotations with pixel-level accuracy. Our data labelers maintain quality while processing & labeling the image data which can be used efficiently for various AI and ML initiatives.