Innovations like the Internet of Things (IoT), AI and robotics are transforming our world in endlessly inventive ways.
One sector experiencing a massive impact from this tech is retail – IoT features, and functions are endlessly evolving to meet the shifting demands of the next generations of shoppers.
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The future of retail will feature a high level of online penetration.
The best suppliers will establish direct-to-consumer relationships, where retailers will no longer serve as the gatekeeper to the customer.
Walmart Metaverse Shopping envisions a more complicated online shopping experience is an example for future retail shops!
How IoT is used in traffic management?
Sensors installed in key locations may collect data on high-traffic crossings and areas where cars are diverted using IoT technology.
Big data may be used to further analyze this information and determine alternate routes, as well as improve traffic signals to reduce congestion.