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At Space-O, we build various AI-powered eCommerce solutions tailor-made to your business needs.
Is your eCommerce platform dealing with low retention rates? We build and deploy an NLP-powered algorithm, using models like BERT and Transformer, as a search engine feature or a conversational chatbot to deliver personalized product recommendations based on customer purchases and browsing history. Our AI solutions also include sentiment analysis techniques to help customers make informed purchase decisions.
Do you want accurate sales forecasting to optimize the inventory levels? Our skilled ML developers create and implement advanced algorithms, including ARIMA and LSTM models, to analyze historical sales data and generate precise daily sales predictions. With our custom AI solutions, predict the sales of products to make informed decisions and manage your inventory levels to maximize profits.
eCommerce platforms face risks from fraudulent transactions that often result in financial losses and compromised customer data. Space-O’s skilled AI developers create custom fraud detection systems that use TensorFlow and PyTorch for real-time deep learning model implementation. Our anomaly detection and predictive analytics expertise enables businesses to tackle fraud and protect sensitive information.
eCommerce businesses often face the challenge of increasing customer queries that consume resources, time, and money with a manual approach. Our developers use AI’s capabilities in natural language processing (NLP), using models like GPT-3 and BERT, to train a 24×7 customer support bot that understands customer behavior and queries in depth for autonomous query resolution.
As customers shift to image-based searches instead of text descriptions, eCommerce businesses risk losing retention and profits by not providing this feature. We have a team of AI developers to build computer vision-powered AI systems, using technologies like TensorFlow and OpenCV. Our AI solutions facilitate a hassle-free shopping experience for customers through visual search to increase user satisfaction.
Insufficient insight into customer preferences and inefficient targeted marketing campaigns can increase cart abandonment rates and hinder client retention. Our AI and ML developers create custom behavioral analytics solutions, such as predictive modeling and customer segmentation, using technologies like Google Analytics and Mixpanel. We help you monitor customer interactions to improve marketing strategies and boost CRO figures.
Boost your eCommerce business with innovative AI solutions to access advantages that enhance your platform.
eCommerce businesses often need to pay more attention to customer and sales data. Machine learning (ML) algorithms can analyze demographics, purchase history, and wishlist patterns to find valuable insights. These insights drive targeted marketing, enhance customer engagement, and optimize inventory management, which results in higher sales and improved customer loyalty.
Retaining customers is crucial to boosting your profits. AI and ML technologies help you predict which customers are at risk of churning, giving you the insights and time to create retention strategies. AI-powered tools like predictive analytics and customer segmentation improve engagement and retention and help drive your profits higher.
Our developers use AI and machine learning to enhance route planning and inventory management, eliminating delays linked to manual processes. Automation of inventory tracking and purchase order execution ensures consistent stock availability and timely fulfillment. This approach reduces stockouts and optimizes delivery schedules for eCommerce businesses.
eCommerce is an industry where transparency in operations is a luxury. However, with dedicated machine learning algorithms, you can map out supplier trends and customer behaviors to see the intricacies of business processes to help you further optimize the operations within your online stores to get faster shipping times and sales.
To showcase Space-O’s proficiency with AI technology, we have listed down the projects that we have built specifically for the eCommerce industry.
At Space-O, we partnered with a client to tackle operational cost challenges. Our AI team built a custom AI system that integrates with existing ERP and CRM solutions. By identifying excessive expenditures in HR and logistics, we created a model using machine learning algorithms to analyze data, leading to actionable insights, cost optimization, and streamlined operations.
We understood our client’s need to anticipate market shifts. To address this, we developed a predictive analytics solution that analyzed customer purchase histories and site interactions. We use advanced ML techniques to ensure our AI solution provides accurate predictions. As a result, our client makes informed decisions on inventory management and marketing.
At Space-O, we enhanced our client’s customer support by introducing next-gen features like multilingual support and natural language processing (NLP). We guided our client’s team via the implementation by ensuring smooth AI adoption. This way, we enabled our client’s team to deliver efficient and personalized service to boost customer satisfaction and engagement.
To understand why Space-O should be your ideal AI development partner, here are the benefits our clients have experienced by collaborating with us.
Space-O Technologies has experience in developing AI software solutions and has collaborated with the eCommerce industry on multiple projects. Our team analyzes customer data to provide insights that enhance the effectiveness of AI solutions for eCommerce retailers.
With over 14 years of experience in the AI industry, our team has successfully developed a wide range of AI solutions, from natural language processing to computer vision applications. At Space-O, we ensure that the type of AI tools you aim to develop will never be a limitation.
Partnering with Space-O reduces the trial and error involved in developing AI applications for the first time. Our expert guidance and streamlined development processes shorten project timelines and generate significant cost savings.
Space-O’s AI experts work with the latest AI models and development frameworks to ensure your project uses current technologies. With advanced AI and ML tools, we enhance your AI solutions with additional features and functionalities that improve customer experience.
At Space-O, all of your project details are kept under strict confidentiality through pre-signed NDAs signed by all individuals involved and through a vigilant eye on all development activities to stay with local data security compliance requirements and enable easy IP rights monitoring.
Space-O is with you throughout the life of your AI solution to keep it up to date and provide instant support in case of updates or malfunctions. Our team can also provide periodic insights into improving your AI products further to keep them relevant to the industry.
Space-O offers a variety of engagement models to allow rapid scalability of talent and resources according to your project’s evolving demands.
For eCommerce projects with varying demands, Space-O’s AI development teams are available on an hourly basis to optimize costs and ensure the same level of commitment and product development quality from Space-O.
Access the advantages of an in-house AI division for your complex and long-term eCommerce initiatives by hiring our skilled developers and engineers. We offer flexible options, allowing you to engage our team in both remote and on-site settings.
With the project-based model, you receive a fixed contract value for your AI development project. Our AI engineers provide comprehensive support throughout the project lifecycle to ensure successful development.
If your artificial intelligence project demands more than just AI algorithm development, our staff augmentation divisions offer various services from AI/ML development for you to hire resources from Space-O to augment your team.
We use a variety of technologies and frameworks during AI solution development to ensure product quality and innovation.
Frameworks and Libraries
Open-source AI and ML Platform
Toolkits
Neural Networks
Vector Database Management
Databases
At Space-O our process starts your AI journey as easily as possible with our 5-step method to start and launch artificial intelligence projects.
With a team of 5 developers, a basic solution such as a chatbot can take a few weeks to 3 months, while more advanced, customized solutions might require 3 to 6 months to develop. Lastly, complex solutions such as process automation systems can take as long as 1 year due to the extensive programming and training required for high accuracy. Factors like project complexity, data availability, integration with existing systems, and the need for ongoing testing and optimization also play a significant role in the timeline.
We keep our clients posted every week about the progress of their AI solutions with industry-standard apps such as Jira, Slack, Confluence, and GitLab. However, we comply with any communication requirements the client may have to maintain operational clarity while making the entire process seamless.
We offer AI consulting services as well where we review your eCommerce platform and offer our insights on which solutions would be the ideal fit. After this stage, we lay out a complete blueprint for you to follow when developing the solution, which includes wireframes and architecture diagrams.
You can develop simpler eCommerce AI solutions such as image recognition systems or AI chatbots for as little as $10,000 to $50,000. On the other hand, complex solutions such as product recommendation or NLP-based sentiment analysis can cost you anywhere from $50,000 to over $200,000.
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GPT 4
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Google Gemini
Phi-2
Llama-2
Whisper
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BERT
Eliza
Pytorch
MXNet
Chainer
NvidiaCaffe
spaCy
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Tensorflow Probability
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