Market Share of America's AI in the Retail Industry
The market for America's AI in retail is consolidated due to the presence of a few companies offering the solutions. The major players in the market are Microsoft Inc., SAP SE, Amazon Web Services Inc., and IBM Corporation, among others. Some of the recent developments by the companies are as follows:
- March 2020 - Amazon.com Inc. announced a new business line to sell its proprietary technology behind its cashier-less convenience stores to other retailers. The highly anticipated business further underscores Amazon's strategy of building internal capabilities - like warehouses to help with package delivery and cloud technology to support its website - and then turning these into service offerings for others.
- January 2020 - SAS has enhanced its intelligent planning suite with AI and cloud agility to help companies localize assortments, optimize inventory, automate forecasting, and maximize profits. Leading companies, such as Carrefour and Nestle, rely on analytics leader SAS, and its proven portfolio of software and services to succeed despite fierce competition.
- December 2019 - The AWS Partner Network introduced the AWS Retail Competency that is expected to help retailers find top APN Partners with highly specialized solutions and consulting practices powered and vetted by AWS. The AWS Retail Competency validates industry leaders with proven customer success and technical proficiency in services, like artificial intelligence (AI), machine learning (ML), voice, Internet of Things (IoT), visual recognition, robotics, and more.
America's AI in the Retail Market Leaders
Amazon Web Services Inc.
Microsoft Inc.
SAP SE
Salesforce.com Inc.
Oracle Corporation
*Disclaimer: Major Players sorted in no particular order
