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8 Considerations for Retailers Investing in AI-powered Video Surveillance by Pure Storage Blog One might think retailers started the new year feeling festive after wrapping up a robust 2023 holiday shopping season. But a concurrent trend—rising retail shrink—is eroding retailers’ profitability and feelings of good cheer.
For example, big data can help retailers build profiles and set thresholds for normal customer behavior regarding the purchase of a specific product over a period of time. With this baseline established, retailers can then identify customers whose behaviors indicate that they may be committing return fraud.
In the retail industry alone , CRMs and streaming will increase the need for bandwidth and availability:². Live streaming : By 2023, 40% of retailers will have integrated live streaming capabilities into their commerce platforms, increasing e-commerce conversion rates by at least 10%. And it’s what Pure Storage was founded on.
For example, big data can help retailers build profiles and set thresholds for normal customer behavior regarding the purchase of a specific product over a period of time. With this baseline established, retailers can then identify customers whose behaviors indicate that they may be committing return fraud.
The intelligent deployment of security resources centers on understanding and anticipating the complex human behaviors that lead to everything from retail theft to active assailant attacks. How can accuracy be increased, error rates decreased, and biases mitigated?
An online retailer hires a black-hat hacker to inconspicuously deny people access to competitor websites. Upgrade Website Capacity. By increasing your website’s capacity you can seamlessly handle the extra load and resolve dips in website performance during traffic spikes. But it’s not always that straightforward.
From health care to retail to education to manufacturing, AI has already affected nearly every industry, so it is no wonder that security would quickly seek to adopt the capabilities that it offers. In the rapidly evolving landscape of security services, one trend is clear: the move toward artificial intelligence (AI).
GPUs, while powerful, tend to consume more power, especially when operating at maximum capacity. medical image analysis) and retail (e.g., By optimizing performance per watt, these technologies enable more sustainable computing solutions, mitigating the environmental impact of AI and high-performance computing applications.
GPUs, while powerful, tend to consume more power, especially when operating at maximum capacity. medical image analysis) and retail (e.g., By optimizing performance per watt, these technologies enable more sustainable computing solutions, mitigating the environmental impact of AI and high-performance computing applications.
retail sales fell in May as supply chain challenges drove a decrease in major purchases like vehicles, and record high gas prices pulled spending away from other goods. The conflict in Ukraine was already an inflection point for the insurance markets, with hardening rates and capacity changes anticipated in some specific classes as a result.
And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety. Schedule a demo today to learn more.
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