{"id":214737,"date":"2017-03-10T07:41:32","date_gmt":"2017-03-10T12:41:32","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/artificial-intelligence-how-online-retailers-are-using-artificial-economic-times.php"},"modified":"2017-03-10T07:41:32","modified_gmt":"2017-03-10T12:41:32","slug":"artificial-intelligence-how-online-retailers-are-using-artificial-economic-times","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/artificial-intelligence-how-online-retailers-are-using-artificial-economic-times.php","title":{"rendered":"artificial intelligence: How online retailers are using artificial &#8230; &#8211; Economic Times"},"content":{"rendered":"<p><p>The next time you shop on fashion website Myntra, you might end up  choosing a t-shirt designed completely by a softwarethe pattern,  colour and texture without any intervention from a human  designer. And you would not realise it. The first set of these  t-shirts went on sale four days ago. This counts as a significant  leap for Artificial  Intelligence in ecommerce.  <\/p>\n<p>    For customers, buying online might seem simpleclick, pay and    collect. But it's a different ballgame for e-tailers. Behind    the scenes, from the warehouses to the websites, artificial    intelligence plays a huge role in automating processes. Online    retailers are employing AI to solve complex problems and make    online    shopping a smoother experience. This could involve getting    software to understand and process voice queries, recommend    products based on a person's buying history, or forecast    demand.  <\/p>\n<p>    SO WHAT ARE THE BIG NAMES DOING?    \"In terms of industry trends, people are going towards fast    fashion. (Moda) Rapido does fast fashion in an intelligent    way,\" said Ambarish Kenghe, chief product officer at Myntra, a    Flipkart unit and    India's largest online fashion retailer.  <\/p>\n<p>    The Moda Rapido clothing label began as a project in 2015, with    Myntra using AI to process fashion data and predict trends. The    companys human designers incorporated the inputs into their    designs. The new AI-designed t-shirts are folded into this    label unmarked, so Myntra can genuinely test how well these    sell when pitted against shirts designed by humans.  <\/p>\n<p>        Also Read: AI will help answer queries automatically: Rajeev    Rastogi, Amazon  <\/p>\n<p>    \"Till now, designers could look at statistics (for inputs). But    you need to scale. We are limited by the bandwidth of    designers. The next step is, how about the computer generating    the design and us curating it,\" Kenghe said. \"It is a gold    mine. Our machines will get better on designing and we will    also get data.\"  <\/p>\n<p>    This is not a one-off experiment. Ecommerce, which has a    treasure trove of data collected over the last few years is    ripe for disruption from AI. Companies are betting big on AI    and pouring in funds to push the boundaries of what can be done    with data. \"We are applying AI to a number of problems such as    speech recognition, natural language understanding, question    answering, dialogue systems, product recommendations, product    search, forecasting future product demand, etc.,\" said Rajeev    Rastogi, director, machine learning, at Amazon.  <\/p>\n<p>    An example of how AI is used in recommendations could be this:    if you started your search on a retailers website with, say, a    white shirt with blue polka dots, and your next search is for    an shirt with a similar collar and cuff style, the algorithm    understands what is motivating you. \"We start with    personalizationit is key. If you have enough and more    collection, clutter is an issue. How do you (a customer) get to    the product that you want? We are trying to figure it out. We    want to give you precisely what you are looking for,\" said Ajit    Narayanan, chief technology officer, Myntra.  <\/p>\n<\/p>\n<p>    A related focus area for AI is recommending the right sizes as    this can vary across brands. \"We have pretty high return rates    across many categories because people think that sizes are the    same across brands and across geographies. So, trying to make    recommendations with appropriate size is another problem that    we are working on. Say, a size 6 in Reebok might be 7 in Nike,    and so on,\" Rastogi said in an earlier interview with ET.  <\/p>\n<p>    Myntra uses data intelligence to also decide which payment    gateway is the best for a transaction.  <\/p>\n<p>    \"Minute to minute there is a difference. If you are going from,    say, a HDFC Bank card to a certain gateway at a certain time,    the payment success rate may be different than for the same    gateway and for the same card at a different time, based on the    load. This is learning over a period of time,\" said Kenghe.    \"Recently, during the Chennai cyclone, one of the gateways had    an outage. The system realised this and auto-routed all    transactions away from the gateway. Elsewhere, humans were    trying to figure out what happened.  <\/p>\n<p>    SUPPORT FROM AI SPECIALISTS    A number of independent AI-focused startups are also working on    automating manually intensive tasks in ecommerce. Take    cataloging. If not done properly, searching for the right    product becomes cumbersome and shoppers might log out.  <\/p>\n<p>    \"Catalogues are (usually) tagged manually. One person can tag    2,000 to 10,000 images. The problem is, it is inconsistent.    This affects product discovery. We do automatic tagging (for    ecommerce clients) and reduce 90% of human intervention,\" said    Ashwini Asokan, chief executive of Chennai-based AI startup Mad    Street Den. \"We can tag 30,000 images in, say, two hours.\"  <\/p>\n<p>    Mad Street Den also offers a host of other services such as    sending personalised emails to their clients' customers,    automating warehouse operations and providing analysis and    forecasting.  <\/p>\n<p>    Gurugram-based Staqu works on generating digital tags that make    searching for a product online easier. \"We provide a software    development kit that can be integrated into an affiliate    partner's website or app. Then the site or app will become    empowered by image search. It will recognise the product and    start making tags for that,\" said Atul Rai, cofounder of Staqu,    which counts Paytm and Yepme among clients. Staqu is a part of    IBM's Global Entrepreneurship Program.  <\/p>\n<p>    The other big use of AI is to provide business intelligence.    Bengaluru-based Stylumia informs their fashion retailer clients    on the latest design trends. \"We deliver insights using    computer vision, meaning visual intelligence,\" said CEO Ganesh    Subramanian. \"Say, for example, (how do you exactly describe a)    dark blue stripe shirt. Now, dark blue is subjective. You    cannot translate dark blue, so we pull information from the Net    and we show it visually.\"  <\/p>\n<p>    In product delivery, algorithms are being used to clean up and    automate the process.  <\/p>\n<p>    Bengaluru-based Locus is enabling logistics for companies using    AI. \"We use machine learning to convert (vaguely described)    addresses into valid (recognizable) addresses. There are pin    code errors, spelling mistakes, missing localities. Machine    learning is critical in logistics. We even do demand    predictions and predict returns,\" said Nishith Rastogi, chief    executive of Locus, whose customers include Quikr, Delhivery,    Lenskart and Urban Ladder.  <\/p>\n<p>    Myntra is trying to use AI to predict for customers the exact    time of product delivery. \"The exact time is very important to    us. However, it is not straightforward. It depends on what time    somebody placed an order, what was happening in the rest of the    supply chain at that time, what was its capacity. It is a    complicated thing to solve but we threw this (challenge) to the    machine,\" said Kenghe. \"(The machine) learnt over a period of    time. It learnt what happens on weekends, what happens on    weekdays, and which warehouse to which pin code is (a product)    going to, and what the product is and what size it is. It    figured these out with some supervision and came up with (more    accurate delivery) dates. I do not think we have perfected it,    but it is a big deal for us.\"  <\/p>\n<p>    THE NEXT BIG CHALLENGE    One of Myntra's AI projects is to come up with a fashion    assistant that can talk in common language and recommend what    to wear for various occasions. But \"conversational flows are    difficult to solve. This is very early. It will not see the    light of the day very soon. The assistants first use would be    for support, say (for a user to ask) where is my order, (or    instruct) cancel order,\" said Kenghe.  <\/p>\n<p>    The world over, conversational bots are the next big thing.    Technology giants like Google and Amazon are pushing forward    research on artificial intelligence. \"As we see (customer care)    agents responding (to buyers), the machine can learn from it.    The next stage is, a customer can say 'I am going to Goa' and    the assistant will figure out that Goa means beach and give a    list of things (to take along),\" Kenghe said.  <\/p>\n<p>    While speech is one crucial area in AI research, vision is    another. Mad Street Den is trying to use AI in warehouses to    monitor processes. \"Using computer vision, there is no need for    multiple photoshoots of products. This avoids duplication and    you are saving money for the customer almost 16-25% savings on    the operational side. We can then start seeing who is walking    into the warehouse, how many came in, efficiency, analytics,    etc. We are opening up the scale of operations,\" said Asokan.  <\/p>\n<p>    Any opportunity to improve efficiency and cut cost is of    supreme importance in ecommerce, said Partha Talukdar,    assistant professor at Bengaluru's Indian Institute of Science,    where he heads the Machine and Language Learning Lab (MALL),    whose mission is to give a \"worldview\" to machines.  <\/p>\n<p>    \"Companies like Amazon are doing automation wherever they    can... right to the point of using robots for warehouse    management and delivery through drones. AI and ML are extremely    important because of the potential. There are a lot of diverse    experiments going on (in ecommerce). We will certainly see a    lot of innovative tech from this domain.\"  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read the original here:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/economictimes.indiatimes.com\/small-biz\/startups\/how-online-retailers-are-using-artificial-intelligence-to-make-shopping-a-smoother-experience\/articleshow\/57564700.cms\" title=\"artificial intelligence: How online retailers are using artificial ... - Economic Times\">artificial intelligence: How online retailers are using artificial ... - Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The next time you shop on fashion website Myntra, you might end up choosing a t-shirt designed completely by a softwarethe pattern, colour and texture without any intervention from a human designer. And you would not realise it <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/artificial-intelligence-how-online-retailers-are-using-artificial-economic-times.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-214737","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/214737"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=214737"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/214737\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=214737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=214737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=214737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}