Articles

Retailers Struggle With Clarity on Business Intelligence and AI

Las Vegas — Splitting hairs between what business intelligence (BI) and artificial intelligence (AI) mean could be a frivolous game of semantics, but for retailers hoping to unlock the transactional secrets stored in their point-of-sale (POS) registers, understanding the differences could prove crucial, according to a technology session speaker at the 2018 NACS Show in Las Vegas.

Addressing attendees at the workshop “TechEdge: Using AI to Improve Your BI,” Nabeel Azar, COO of Verisk Retail, Bloomington, Minn., said the main difference lies in what each technology focuses on. Essentially, BI tools look toward the past, assessing the information derived from transactions done over a period of time. AI tends to be more forward looking, predictive of what could happen.

Source: cspdailynews.com
Author: Angel Abcede

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s