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Sears’ bankruptcy underscores the need for tech innovation in retail

Sunday, February 24, 2019 by Piyush Suthar | Comments

Home News Tech Sears’ bankruptcy underscores the need for tech innovation in retail

The demise of Sears provides a perfect cautionary tale. By all accounts, the former retail giant — which was in a “death spiral for well over a decade” — is paying a steep price for its failure to innovate in new technology. Yet, the means for Sears to do just that was available. Business technology has been advancing at a rapid pace over the past decade. Deep Learning and Artificial Intelligence (AI), along with an unprecedented availability of data, have made it possible to extract business insights like never before. Could an early adoption of AI have saved Sears? I…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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