PERSPECTIVES

Retail is embracing robots

Retail is embracing robots

Emerging Tech

Retail is embracing robots

March 16, 2023  |  BY

With rising labors costs and a decrease of available workers, retailers have been scratching their collective heads. How are they going to stay afloat? To answer that question, more brands are turning to automation – specifically, to robots. They have no choice. In 2022, retail companies increased spending on labor costs by nearly 5%. Powerhouse retailers like Target, Costco, and Walmart have been forced to boost hourly wages to retain workers. But retail leaders understand…  MORE

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When you hear about the concept of “digital twins”, you might think it refers to a sci-fi film based on a dystopian world a few hundreds years in the future. That sounds interesting – but what’s more fascinating is the actual definition of digital twins: “A digital twin is a virtual model designed to accurately reflect a physical object.” Digital twins are used for simulations, testing, monitoring, and maintenance, and they’ve existed since the early…  MORE

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Technology has always played an integral role in the success and growth of grocery stores. From the advent of the shopping cart to electronic cash registers to barcode scanning, innovation has continually improved the shopping experience while boosting sales. Now technology is shaping the grocery industry once again. That’s because the global pandemic that began in 2020 caused inflation, stifled supply chains, and created a labor shortage the likes we haven’t experienced since the dawn…  MORE

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If IT professionals wanted an easy job, they would’ve chosen another career. The people we collaborate with love their work because it’s challenging and rewarding. They enjoy solving technical and business problems, and that often requires long days, long nights, and multiple deliveries of meals and coffee. No problem. All the hard work is worth it, both for personal satisfaction and career development. But lately IT professionals have been tired – extremely tired. That’s part…  MORE

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Americans may be divided politically and culturally, but there’s one area where we can find 100% agreement. We all love convenience. From the TV dinner in the 1950s to self-checkout at supermarkets today, we’re always looking to get what we want quicker and easier. We treasure our leisure time and want as much of it as possible. Drone delivery has promised to provide even more convenience. In a recent survey of over 1,000 consumers, nearly…  MORE

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When you see the word “robotic”, you’re likely to imagine something out of a science fiction movie. Or maybe you’ll picture a modern-day assembly line. But Robotic Process Automation (RPA) has nothing to do with those assumptions. RPA is an application of technology that frees up employees to focus on higher priorities by eliminating tedious, often repetitive tasks. This is important for today’s CIOs, who are increasingly seeking ways for technology to positively impact the…  MORE

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How would Web3 affect society?

March 15, 2022  |  BY

Since the dawn of the public World Wide Web in the 1990s, we’ve been bombarded with a new technology every few years that will supposedly revolutionize how we browse, click, interact, and send and receive information. The latest technological darling is Web3, which – according to its champions – will give the power to people by taking it away from corporate monoliths. Regular, everyday folks will control their data instead of the overlords at Google…  MORE

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While it’s impossible to predict the future, we can be certain that society will always come up with The Next Big Thing. Lately, the buzz is all about the metaverse. And like anything new and trendy, many are trying to comprehend the metaverse and how it will affect our lives. If we distill the metaverse to its essence, it’s how we’ve transferred many of our experiences from the real, physical world to the digital landscape….  MORE

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