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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

trillion on retail businesses through 2029. While generative AI currently makes up only 9% of the retail industry’s bottom line impact in 2023, IHL anticipates generative AI will grow to represent 78% of the total financial impact by 2029, reaching a total of USD 4.4 trillion in that year.

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Integral Workflow Automation Tools to Propel Document Imaging Demand, Finds FMI

Info Source

The market will thrive at a robust double digit CAGR during 2019 – 2029, attributing to the accelerating adoption of automated document imaging solutions that can provide secure print and document imaging services. Government entities, educational institutions, law firms, and several industries remain prime users of this technology.

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Minnesota enacts comprehensive privacy law

Data Protection Report

The new law takes effect on July 31, 2025, for most regulated entities, with certain postsecondary institutions having until July 31, 2029, to comply. On May 24, 2024, the Minnesota Governor signed the Minnesota Consumer Data Privacy Act (“MCDPA”), making Minnesota the eighteenth state to enact a comprehensive privacy law.

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10 everyday machine learning use cases

IBM Big Data Hub

Machine learning (ML)—the artificial intelligence (AI) subfield in which machines learn from datasets and past experiences by recognizing patterns and generating predictions—is a $21 billion global industry projected to become a $209 billion industry by 2029. They power the voice assistants that set alarms and compose messages.