Artificial Intelligence

Emeryville, Calif. – E-commerce technology provider Sellpoints has developed "Natural Selection," a natural language product selector. The solution uses the IBM Watson artificial intelligence platform to understand a shopper's intent, so instead of guiding shoppers through a series of complicated questions and checkboxes, Natural Selection allows them to type in phrases or questions in natural language.    

Armonk, N.Y. – IBM is introducing new partners developing apps based on its Watson artificial intelligence platform and world headquarters for its Watson Group, as well as new cognitive services that will be available on IBM Bluemix, IBM's cloud-based platform for mobile and Web app development.

Moki, a leading mobile software platform, has appointed Chander Chawla VP of marketing and product strategy. With Chawla on board, Moki said it plans to open an office in Palo Alto, California, to better serve its growing customer base.

Chawla, who has been in the mobile industry for 15 years, has been credited with leading the growth of public Wi-Fi and wearable devices at T-Mobile and National Semiconductor.

By Jeremy Geiger, Retailigence

The headline is bold, but yes, 2014 is the year of hyperlocal mobile advertising, and there are three very important trends converging today to make this happen. The first is smartphone proliferation; according to eMarketer, smartphone users worldwide will total a record-breaking two billion in 2014. Now billions of people around the world have the devices needed to make hyperlocal ads possible.

New York -- Delivery Agent announced a deal with online retailer Overstock that will enable consumers with Smart TV and connected device homes to shop for items on Overstock directly from their television via Delivery Agent's ShopTV t-commerce platform.

Running now through Oct. 15, the "Overstocktober" campaign will enable viewers to buy products directly from Overstock television commercials.

By Jon Winsett, NPI

As we barrel towards the holiday season, few retail IT executives have as much time as they’d like to work on the challenges that will be waiting for them in first quarter 2015 — including limited funding for IT innovation. Retailers are projected to spend more in the coming year, but nearly three-quarters of that budget will be committed to maintaining the status quo. That leaves little to fund game-changing new IT initiatives that can drive competitive advantage, customer loyalty and profits.

Toronto -- Canadians are eager to embrace future-forward payment options like wearable devices and smartwatches, according to a new study by PayPal Canada that was conducted by Nielsen. Close to a third of Canadians (29%) have used their mobile phone to make an online purchase while on-the-go, and nearly a quarter (23%) having used their mobile phone in-person at a store to make a purchase.

Franklin, Tenn. -- Software companies Square and Epicor lead the fast growing Mobile POS software market in North America according to new research from IHL Group, a global retail research and advisory firm.  

Mobile POS installs are expected to grow by 110% this year as more retailers replace electronic cash registers and POS terminals with mobile devices.