Photo: city by night; copyright: Cho Pan

EuroCIS Newsletter

Overview: Retail Technology News

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Photo: Virtual head with numbers, figures and diagram; copyright: / monsit

Retailer spending on AI to grow nearly fourfold


A new study from Juniper Research has found that global retailer spending on AI will reach 7.3 billion dollars per annum by 2022, up from an estimated 2 billion dollars in 2018, as retailers target new avenues to increase personalisation of the customer experience.
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Photo: ; copyright: Photo: Graphic of a head with numerical sequences; copyright: / agsandrew

By 2020, Artificial Intelligence will create more jobs than it eliminates


2020 will be a pivotal year in AI-related employment dynamics, according to Gartner, Inc., as artificial intelligence (AI) will become a positive job motivator.
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Photo: Participants of the Guided Innovation Tour on the EuroCIS 2016; copyright: Messe Düsseldorf / ctillmann

Guided Innovation Tours: Online registration now open!


For the third time, there will be guided tours for visitors at EuroCIS 2018, The Leading Trade Fair for Retail Technology, from 27 February to 1 March 2018 in Düsseldorf. Those very successful tours will be organised in German and in English.
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Photo: Woman shopping on her smartphone; copyright: / Andriy Popov

Proceed to checkout? Not on your mobile, say researchers


Shoppers hoping to bag a bargain are much less likely to go through with their purchases if they are using phones and tablets to buy goods online. This is because consumers often worry they are not seeing the full picture on a mobile app or that they could be missing out on special offers or overlooking hidden costs, according to new research.
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Photo: Vendor advises a customer by using a tablet; copyright: / Lev Dolgachov

Survey reveals mobility as key investment decision for retailers


New research indicates that retailers deploying in-store mobile successfully are seeing a sales growth of upwards of 146 percent. Retailers suffering flat or declining sales can boost their brick and mortar store performance by implementing mobile devices and apps.
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