Summary
In this chapter, we learned about the key challenges of consumer electronics brands and how to overcome them by analyzing product data and using Commerce.AI's data engine. These challenges include greater complexity and competition in the consumer electronics space. By analyzing a treasure trove of consumer and product data, consumer electronics brands can uncover insights to overcome these challenges.
AI-based innovation has been disrupting many industries over the last few years. Ultimately, the leading consumer electronics brands are adopting AI to stay at the forefront of innovation.
In the next chapter, we'll explore how to apply AI for innovation in the restaurant industry, which, unlike consumer electronics, has often lagged behind technology trends, but similarly stands to benefit tremendously by using data and AI to their advantage.