AI/ML
OnDemand – Fixing Inventory Distortion – Are We There Yet
IHL has been tracking retail inventory distortion and the true cost of retail out-of-stocks and overstocks for 18 years. Inventory distortion worldwide is a critical issue that continues to plague…
AI for the CMO
I had the pleasure of speaking with RETHINK Retail and Microsoft on the impact and opportunities of AI for the CMO. This leverages our AI Impact Forecast specifically for marketers.…
Cloud Pricing No Longer Works in an AI World
Back in my younger years there was a hilarious Saturday Night Live skit about a bank that only made change (You can see it here). It ends with the customers…
Where the AI Money Flows and When
Later today NVIDIA is releasing their latest financial results that should show crazy growth again. From an investment standpoint there seems to be an insatiable appetite for Investing in AI.…
OnDemand – Rethinking Self-Checkout: Can New Computer Vision Tech Reduce Shrink?
As retailers struggle to identify new technologies that will help combat the ever-increasing rates of consumer theft and shrink, many have turned to or are considering computer vision as a…
OnDemand – Retail’s Hidden Advantage
As sales growth slows and a true new normal takes hold, operational excellence is all the more critical for retailers to increase sales and improve performance. IHL data shows massive…
OnDemand – Strategic Outsourcing of Cybersecurity and IT
Midmarket companies face many challenges but often lack the resources, expertise, or time to manage their IT infrastructure andcybersecurity effectively. This is where managed services and managed security services providers…
OnDemand – Beyond Just AI – What We Learned at NRF
In this webinarJeff RosterofThird Eye AdvisoryandLee Holman, Jerry Sheldon and Greg BuzekfromIHL Groupprovide a brief holiday and economy update, then discuss Loss Prevention, RFID, Computer Vision, Self-Checkout, GS1 and the…
Retailers That Use AI Enjoy Over 2x Sales Growth and Nearly 3x Profit Growth Compared to Competitors
A new study conducted by IHL Group reveals that retailers who have already embraced Artificial Intelligence (AI) and Machine Learning (ML)are experiencing remarkable success, with sales growth rates for 2023 over…
Retail Sales Leaders Growing IT Spend 3.8x Average Retailers
Those retailers with 2023 sales growth greater than 10% are planning to increase their IT spend in 2024 by 16.2% compared to average performing retailers at 3.6% spend growth, according…