AI sees increased adoption by e-commerce companies

As artificial intelligence sees increasing adoption by e-commerce companies , startups like SnapShopr, Staqu Technologies, Wazzat Labs, MadStreetDen and iLenze are experimenting with deep learning and image search technologies focused on powering fashion e-tailers to simplify catalogue search, drive customer engagement and get higher conversions.”Two big trends prompted us to startup — increasing number of smartphones has eased access to smart cameras, which has triggered increased image-based content on the internet.”Secondly, we realized that businesses would increasingly need deep learning technologies to understand and analyse visual content to gain valuable insights — which can be the difference between success and failure now,” said Ankit Sachan, co-founder of iLenze, which raised $500,000 from Singapore based Mercatus Capital.iLenze’s flagship product Visual Search lets customers in their moment of inspiration — say seeing…


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