Welcome to our May monthly roundup!
We have curated a recap of the most exciting happenings and technical advancements across industries. From groundbreaking innovations to upcoming events, we’ve got you covered.
Grab a cup of coffee and join us in exploring all the remarkable happenings in the ever-evolving world of e-commerce.
Let’s immerse ourselves in a world of knowledge and inspiration!
1. Revolutionizing E-commerce: AI Paves Path to a Promising Future
AI (Artificial Intelligence) is going to power the future of e-commerce. Reinventing strategies and reshaping productivity to help the retail industry flourish like never before. Experts predict that by 2030, AI in e-commerce is expected to expand with a CAGR of 37.3%, estimated to bring revenue worth $196.6 B.
In fact, by 2027, about one-fourth of organizations will implement chatbots by integrating with virtual customer assistant (VCA) or chatbot technology to provide primary customer services. These intelligent systems can handle customer inquiries, provide real-time assistance, and even complete transactions.
As technology advances and global connectivity improves, the demand for brands offering instant solutions becomes apparent. AI being the transformative technology, possesses the ability and agility to deliver better customer service.
2. Seamless Middle-East 2023
Seamless Middle-East 2023, the 23rd annual conference cum exhibition had been a remarkable event with fully packed floors occupying more than 20,000 visitors, from across 163 countries. Organizations operating in different spheres such as payment, finance, e-commerce, wholesalers and government enterprises participated in the event to make it a grand success.
Codilar Technologies, a leading e-commerce solution provider also took part in this event. Our team of e-commerce experts seized this opportunity to create brand awareness, forge valuable connections with brilliant minds and reimagine the limitless possibilities of the industry.
Here’s a glimpse of how our team actively took part in the expo and displayed our leading e-commerce solutions to a global audience.
We also met our beloved clients such as Lals Group, AI Boom Marine and Marina Home Interiors, while also connecting with individuals who expressed interest in exploring the capabilities of our organization.
We had discussions on numerous topics including our services, our breakthrough solutions and the latest advancements in technology to help customers boost their e-commerce experience. Check out our blog to discover the captivating highlights of the event along with our exclusive offerings.
3. Amazon: Redefines Shopping Experience with Mandatory Product Attributes
Amazon, the world’s largest online marketplace, has recently introduced mandatory product attributes to enhance the shopping experience for its customers. Starting from June 6, 2023, sellers are instructed to provide clear and accurate product descriptions with special mention to attributes like color, size, and product description.
With this new initiative, Amazon intends to:
- Ensure that product listings are created with accurate and comprehensive information.
- Assist shoppers in finding the products they are seeking and help them make informed purchasing decisions.
- Minimize confusion and ambiguity by providing clear and detailed product information.
- Enhance customer satisfaction and provide a seamless shopping experience.
- Uphold the integrity of the marketplace by maintaining high-quality product listings.
The initiative does not apply to products with active listings. However, for all new listings, it is essential to provide clear specifications and attributes in order to be included in the catalog.
4. Adobe’s breakthrough feature: Generative AI Fill in Photoshop
Adobe takes the next leap by launching Generative AI fill in Photoshop. It is powered by Firefly, an alternative generative AI with immense potential to give new dimensions to your creativity, with simple prompts.
It’s time that you bid goodbye to time-consuming manual edits and say hello to this novel advancement. Give life to your imagination by letting artificial intelligence play its part, creating flawless, stunning and realistic images.
Experience the power of Generative AI fill in Photoshop, from removing unwanted objects to seamlessly filling gaps, witness how effortlessly it transforms your photos into stunning works of art, infusing them with depth, realism, and astonishing precision.
Upcoming Events
Get ready for some of the most exciting events coming on your way opening up new opportunities to network and expand your business.
1. Adobe Summit EMEA 2023
Adobe is back with yet another premium conference of the year, Adobe Summit EMEA, promising to deliver an unparalleled experience for your business.
Expand your network by connecting with industry leaders and innovative minds, all to elevate your digital experience with future-proof solutions.
Date: 8 – 9 June 2023
Place: London and virtual
Register now : https://news.adobe.com/news/news-details/2023/Adobe-Summit-EMEA-Spotlights-Major-New-Innovations-and-Customer-Momentum-Across-Europe/
2. Internet Retailer Conference & Expo
Get ready for the Internet Retailer Conference & Expo (IRCE), a platform bringing together leaders and strategists from within the e-commerce and digital domain.
Date: 13 -15 June 2023
Place: McCormick Place, a premium convention center in Chicago
Register now: https://retailinnovationconference.com/
3. Retail Tech 2023
Get ready for an exhilarating gathering of retail and e-commerce businesses at Retail Tech 2023.The event sets the stage offering you an opportunity to gain valuable insights while witnessing the ideal business models and latest advancements shaping the fast-paced retail industry.
Date: 31st May to 1st June 2023
Place: Kistamässan, Stockholm
Register: https://retailexpostockholm.se/
