Technology

Technology
Tencent Targets European Cloud Market
January 12, 2023

Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. The cloud business of Chinese technology giant Tencent announced the collaboration in a press release on Thursday (Jan. 12), saying that the deal will establish Traac as an authorized reseller of...

Technology
Porsche Reportedly Considering Google Connected Car Deal
January 12, 2023

Carmaker Porsche is reportedly considering integrating Google software into its vehicles. The deal would let Porsche drivers access applications such as Google Maps without having to connect their cars to an Android device, Reuters reported Thursday (Jan. 12), citing a source close to the German...

Technology
Grocers’ In-Store Tech Pullback May Be Short-Sighted Savings Strategy
January 10, 2023

Economic uncertainty is pressuring grocers to pull back on in-store retail technology. Amazon Fresh, which introduced its Just Walk Out system at its newest stores (replete with computer vision and sensor technology), appears to have halted expansion. And grocers such as Wegmans and Aldi are...

Technology
Staff Cuts at Amazon Stores Signal eCommerce Turbulence Ahead
January 05, 2023

Recent layoff announcements point to a rocky start of 2023 for eCommerce. Businesses, in general – especially smaller ones — benefit from the expertise and the technological know-how of larger firms, especially entrenched players with the deep pockets needed to innovate and deploy solutions at...

Technology
CES 2023 Puts Smart Home, Digital Health Tech in Spotlight
January 03, 2023

CES 2023 is spotlighting smart homes and digital health as concepts like the metaverse languish. Officially kicking off Thursday, Jan. 5 at its accustomed set of Las Vegas venues, the annual Consumer Electronics Show owned by the Virginia-based Consumer Technology Association (CTA) is expecting 100,000...

Technology
The Top Four Grocery Technology Trends to Watch in 2023
December 29, 2022

With grocers projected to continue their digital transformations into 2023, four specific technology trends are set to lead the way. This, at a time when the fight among food sellers has expanded, intensified and gotten more complicated as inflation has heightened consumer sensitivity over prices,...

Technology
Top 5 Changes 5G Could Bring to the Retail Industry in 2023
December 28, 2022

Will 2023 be the year that 5G technology finally realizes its disruptive potential for retail and other industries? It’s not the first time that question that has been asked, but with each passing year, the incremental rollout of this next-generation wireless connectivity service raises the...

Technology
Smart Carts Meet in-Store Demand for eCommerce-Like Convenience
December 28, 2022

With consumers accustomed to frictionless digital experiences, smart carts bring increased convenience to physical stores. Raz Golan, CEO and co-founder of Shopic, a company that offers smart carts, retail media integrations and store analytics, spoke with PYMNTS about how these technologies can help grocers meet...

Technology
Wearable Healthcare Tech Trend Driven by Millennials
December 27, 2022

Over two-thirds of Generation Z and millennial consumers track their health using wearable heathcare tech. That’s according to findings from “How Digital Has Changed the Consumer Healthcare Experience and Expectations,” a PYMNTS and CareCredit report. While nearly half (48.5%) of surveyed consumers are now using...