SlideShare una empresa de Scribd logo
1 de 12
Transforming Winemaking With
Tastry
Artificial Intelligence Can Now Taste
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Title
Text
Introduction
Introduction
Tastry, a sensory science company, has merged AI and advanced chemistry to
teach computers to “taste.” Now their technology is helping consumers find
great wines, and providing insight to wineries and retailers about the wines
people love to drink.
Artificial Intelligence Can Now Taste - Transforming
Winemaking With Tastry
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Up until recently, the methods wineries used to decide what to produce and
what to sell have been almost entirely subjective. Without data, it was really
hard to figure out how to make a great wine that would sell well in the market.
But in an extremely competitive market, where many wineries only have one
shot per season to make a great wine, more and more winemakers are looking
for ways to predict what consumers will like, so they can create better products
and increase their profits.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Now Tastry, a sensory sciences company based in California, is using machine
learning and advanced chemistry to teach artificial intelligence to “taste” – and
that technology is shaking up the wine industry by providing valuable
information to winemakers and retailers about the wines that customers enjoy.
I interviewed Katerina Axelsson, Founder and CEO of Tastry, about how her
company uses artificial intelligence to recommend wines to consumers and
advise wineries about what products to make.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Tastry’s “Tasting” Methods
Tastry’s technology decodes aroma and flavor profiles by chemically analyzing
thousands of wines in their lab. Then Tastry identifies the unique consumer palate of
each individual that takes a quiz in a store our on their app. Consumer palates are
like fingerprints – no two are alike.
The AI then uses both of these datasets (consumer palate data and wine profiles) to
predict consumer product scores with over 92% accuracy.
Their artificial intelligence technology provides science-based insights not only to
consumers who feel overwhelmed in the liquor store, but also to winemakers and
retailers who want to improve sales by using real data about their customers.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
How Tastry Helps Consumers
Every individual has a unique taste experience. Tastry’s app, BottleBird, walks users
through a quiz called a “palate survey” by asking about their personal taste and smell
preferences – including questions about things like coffee, tobacco, and vinegar.
Then BottleBird uses AI and the science of your personal palate to create
personalized wine recommendations. This approach makes Tastry different from
apps like Vivino, which rely on historical purchase and rating data.
The app’s recommendations greatly reduce overwhelm when wine consumers are
trying to select a wine in a store, restaurant, bar, or winery. Their tagline is “Never
waste money on a bad bottle again.” The app even lets users find wines that rank
highly for their friends, so they can give gifts that hit the mark every time.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Helping Winemakers Create Great Vintages
Tastry recognized that small and medium-sized wine producers were struggling
to get noticed in the crowded wine market, especially companies that had
smaller marketing budgets.
Tastry’s mission is to help winemakers save money on production and move
more of their products by providing wine chemistry data that helps them adjust
their wines to match customer tastes. Now they also provide sales teams with
information that can help them make better targeting and distribution
decisions.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Helping Winemakers Create Great Vintages
With the BottleBird app, wineries also gain exposure and connect with brand new
customers across a variety of generations and lifestyles. Because BottleBird users are
also 45% happier with their wine purchase when they use the app, customer
satisfaction scores for wineries can also skyrocket when they engage with Tastry.
One of Tastry’s customers, Alexandre Remy of Atlas Wine, says:
“Tastry helps me use real data to make decisions at Atlas. They bring not only
AI, but their advanced lab methods allow me to match up consumer data with
my operations. It’s like a compass pointing me in the right direction. Tastry
builds a bridge between the winery’s goals and the consumer’s needs.”
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Business Insights for Retailers
Wine retailers can also benefit from Tastry’s AI-powered business insights. Tastry can
improve wine aisle sales by:
● Providing shoppers with localized, personalized recommendations in in-store
kiosks, smart shelf labels, shopping apps, and e-commerce sites.
● Helping retailers optimize their product mix with real-time inventory performance
dashboards
● Improving customer satisfaction and increasing the number of return customers
a retailer gets
● Reducing shopper overwhelm by demystifying the wine shopping experience and
helping customers find “perfect fit” wines in seconds
Tastry reports that their insights can lead to a 20% increase in gross sales for wine
retailers.
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
The Enormous Possibilities of AI Tasting
By teaching artificial intelligence to “taste,” Tastry’s model takes subjectivity out of the equation for
consumers who want to stop wasting money on bottles of wine they don’t like, as well as wineries and
retailers who want to increase sales by understanding what consumers want.
Katerina Axelsson shared that Tastry already has proven efficacy not just for wines, but also for
products like fragrances, beer, spirits, and coffee. They’ve even done some work with hot sauce
companies. When I asked her about Tastry’s future plans, Axelsson said,
“Hyper-personalization is becoming very important. There are just too many products and too
many options for things now, and people are experiencing the paradox of choice in almost
everything they buy. People will expect personalization, which we call singularization, and they’ll
expect those recommendations to be accurate.”
Companies that use business insights from companies like Tastry will also gain a huge competitive
advantage in the marketplace as time goes on.
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
© 2020 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2017 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
Title
Subtitle
Be the FIRST to receive news,
articles, insights and event
updates from Bernard Marr & Co
straight to your inbox.
Signing up is EASY! Simply fill out
the online form and we’ll be in
touch!
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved

Más contenido relacionado

La actualidad más candente

The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...
The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...
The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...Bernard Marr
 
How Does Google Use Artificial Intelligence?
How Does Google Use Artificial Intelligence?How Does Google Use Artificial Intelligence?
How Does Google Use Artificial Intelligence?Bernard Marr
 
Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...
Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...
Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...Bernard Marr
 
The 8 Biggest Retail Trends Every Retailer Needs To Be Ready For
The 8 Biggest Retail Trends Every Retailer Needs To Be Ready ForThe 8 Biggest Retail Trends Every Retailer Needs To Be Ready For
The 8 Biggest Retail Trends Every Retailer Needs To Be Ready ForBernard Marr
 
Robotic Process Automation Is Coming: Here Are 5 Ways To Prepare For It
Robotic Process Automation Is Coming: Here Are 5 Ways To Prepare For ItRobotic Process Automation Is Coming: Here Are 5 Ways To Prepare For It
Robotic Process Automation Is Coming: Here Are 5 Ways To Prepare For ItBernard Marr
 
The 10 Best Examples Of How Companies Use Artificial Intelligence In Practice
The 10 Best Examples Of How Companies Use Artificial Intelligence In PracticeThe 10 Best Examples Of How Companies Use Artificial Intelligence In Practice
The 10 Best Examples Of How Companies Use Artificial Intelligence In PracticeBernard Marr
 
The 7 Biggest Ethical Challenges of Artificial Intelligence
The 7 Biggest Ethical Challenges of Artificial IntelligenceThe 7 Biggest Ethical Challenges of Artificial Intelligence
The 7 Biggest Ethical Challenges of Artificial IntelligenceBernard Marr
 
How is AI improving customer experience in Retail?
How is AI improving customer experience in Retail?How is AI improving customer experience in Retail?
How is AI improving customer experience in Retail?Juliana Vectore
 
How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps
How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps
How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps Bernard Marr
 
How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...
How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...
How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...Bernard Marr
 
The 5 Biggest Data Science Trends In 2022
The 5 Biggest Data Science Trends In 2022The 5 Biggest Data Science Trends In 2022
The 5 Biggest Data Science Trends In 2022Bernard Marr
 
The 5 Biggest Mistakes Companies Make With Chatbots
The 5 Biggest Mistakes Companies Make With ChatbotsThe 5 Biggest Mistakes Companies Make With Chatbots
The 5 Biggest Mistakes Companies Make With ChatbotsBernard Marr
 
The Five Biggest Retail Tech Trends In 2022
The Five Biggest Retail Tech Trends In 2022The Five Biggest Retail Tech Trends In 2022
The Five Biggest Retail Tech Trends In 2022Bernard Marr
 
Extended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel Experience
Extended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel ExperienceExtended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel Experience
Extended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel ExperienceBernard Marr
 
How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...
How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...
How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...Bernard Marr
 
Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity Bernard Marr
 
How to communicate Artificial Intelligence to clients and consumers
How to communicate Artificial Intelligence to clients and consumersHow to communicate Artificial Intelligence to clients and consumers
How to communicate Artificial Intelligence to clients and consumersPaul Marsden
 
Artificial Intelligence in Germany
Artificial Intelligence in GermanyArtificial Intelligence in Germany
Artificial Intelligence in GermanyBernard Marr
 
The 5 Biggest Technology Trends In 2022
The 5 Biggest Technology Trends In 2022The 5 Biggest Technology Trends In 2022
The 5 Biggest Technology Trends In 2022Bernard Marr
 
The Top 5 Consumer Technology Trends From CES 2021
The Top 5 Consumer Technology Trends From CES 2021The Top 5 Consumer Technology Trends From CES 2021
The Top 5 Consumer Technology Trends From CES 2021Bernard Marr
 

La actualidad más candente (20)

The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...
The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...
The Fascinating Ways PepsiCo Uses Artificial Intelligence And Machine Learnin...
 
How Does Google Use Artificial Intelligence?
How Does Google Use Artificial Intelligence?How Does Google Use Artificial Intelligence?
How Does Google Use Artificial Intelligence?
 
Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...
Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...
Transforming Retail With Augmented And Virtual Reality, Powered By Artificial...
 
The 8 Biggest Retail Trends Every Retailer Needs To Be Ready For
The 8 Biggest Retail Trends Every Retailer Needs To Be Ready ForThe 8 Biggest Retail Trends Every Retailer Needs To Be Ready For
The 8 Biggest Retail Trends Every Retailer Needs To Be Ready For
 
Robotic Process Automation Is Coming: Here Are 5 Ways To Prepare For It
Robotic Process Automation Is Coming: Here Are 5 Ways To Prepare For ItRobotic Process Automation Is Coming: Here Are 5 Ways To Prepare For It
Robotic Process Automation Is Coming: Here Are 5 Ways To Prepare For It
 
The 10 Best Examples Of How Companies Use Artificial Intelligence In Practice
The 10 Best Examples Of How Companies Use Artificial Intelligence In PracticeThe 10 Best Examples Of How Companies Use Artificial Intelligence In Practice
The 10 Best Examples Of How Companies Use Artificial Intelligence In Practice
 
The 7 Biggest Ethical Challenges of Artificial Intelligence
The 7 Biggest Ethical Challenges of Artificial IntelligenceThe 7 Biggest Ethical Challenges of Artificial Intelligence
The 7 Biggest Ethical Challenges of Artificial Intelligence
 
How is AI improving customer experience in Retail?
How is AI improving customer experience in Retail?How is AI improving customer experience in Retail?
How is AI improving customer experience in Retail?
 
How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps
How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps
How To Identify The Best AI Opportunities For Your Business – In 2 Simple Steps
 
How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...
How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...
How To Solve AI’s Bias Problem, Create Emotional AIs, And Democratize AI With...
 
The 5 Biggest Data Science Trends In 2022
The 5 Biggest Data Science Trends In 2022The 5 Biggest Data Science Trends In 2022
The 5 Biggest Data Science Trends In 2022
 
The 5 Biggest Mistakes Companies Make With Chatbots
The 5 Biggest Mistakes Companies Make With ChatbotsThe 5 Biggest Mistakes Companies Make With Chatbots
The 5 Biggest Mistakes Companies Make With Chatbots
 
The Five Biggest Retail Tech Trends In 2022
The Five Biggest Retail Tech Trends In 2022The Five Biggest Retail Tech Trends In 2022
The Five Biggest Retail Tech Trends In 2022
 
Extended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel Experience
Extended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel ExperienceExtended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel Experience
Extended Reality In Tourism: 4 Ways VR and AR Can Enhance The Travel Experience
 
How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...
How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...
How To develop An Artificial Intelligence Strategy: 9 Things Every Business M...
 
Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity
 
How to communicate Artificial Intelligence to clients and consumers
How to communicate Artificial Intelligence to clients and consumersHow to communicate Artificial Intelligence to clients and consumers
How to communicate Artificial Intelligence to clients and consumers
 
Artificial Intelligence in Germany
Artificial Intelligence in GermanyArtificial Intelligence in Germany
Artificial Intelligence in Germany
 
The 5 Biggest Technology Trends In 2022
The 5 Biggest Technology Trends In 2022The 5 Biggest Technology Trends In 2022
The 5 Biggest Technology Trends In 2022
 
The Top 5 Consumer Technology Trends From CES 2021
The Top 5 Consumer Technology Trends From CES 2021The Top 5 Consumer Technology Trends From CES 2021
The Top 5 Consumer Technology Trends From CES 2021
 

Similar a Artificial Intelligence Can Now Taste - Transforming Winemaking With Tastry

Artificial Intelligence And Whisky Making: The Perfect Blend?
Artificial Intelligence And Whisky Making: The Perfect Blend?Artificial Intelligence And Whisky Making: The Perfect Blend?
Artificial Intelligence And Whisky Making: The Perfect Blend?Bernard Marr
 
How Artificial Intelligence (AI) Is Used To Make Beer
How Artificial Intelligence (AI) Is Used To Make BeerHow Artificial Intelligence (AI) Is Used To Make Beer
How Artificial Intelligence (AI) Is Used To Make BeerBernard Marr
 
Summary artificial intelligence in practice- part-2
Summary  artificial intelligence in practice- part-2Summary  artificial intelligence in practice- part-2
Summary artificial intelligence in practice- part-2GMR Group
 
The Biggest Technology Trends In Wine And Winemaking
The Biggest Technology Trends In Wine And WinemakingThe Biggest Technology Trends In Wine And Winemaking
The Biggest Technology Trends In Wine And WinemakingBernard Marr
 
The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...
The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...
The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...Bernard Marr
 
The Amazing Ways Retail Giant Zalando Is Using Artificial Intelligence
The Amazing Ways Retail Giant Zalando Is Using Artificial IntelligenceThe Amazing Ways Retail Giant Zalando Is Using Artificial Intelligence
The Amazing Ways Retail Giant Zalando Is Using Artificial IntelligenceBernard Marr
 
Whats on tap investor slides
Whats on tap investor slidesWhats on tap investor slides
Whats on tap investor slidesTim Hagerty
 
Whats on tap investor slides
Whats on tap investor slidesWhats on tap investor slides
Whats on tap investor slidesTim Hagerty
 
The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...
The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...
The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...Bernard Marr
 
Slange var case study
Slange var case studySlange var case study
Slange var case studynumberstim
 
The Amazing Ways eBay Is Using Artificial Intelligence To Boost Business Success
The Amazing Ways eBay Is Using Artificial Intelligence To Boost Business SuccessThe Amazing Ways eBay Is Using Artificial Intelligence To Boost Business Success
The Amazing Ways eBay Is Using Artificial Intelligence To Boost Business SuccessBernard Marr
 
Retaildetail - Accurat
Retaildetail - AccuratRetaildetail - Accurat
Retaildetail - AccuratAccurat
 
10 Business Functions That Are Ready To Use Artificial Intelligence
10 Business Functions That Are Ready To Use Artificial Intelligence10 Business Functions That Are Ready To Use Artificial Intelligence
10 Business Functions That Are Ready To Use Artificial IntelligenceBernard Marr
 
Can Brand It business vision
Can Brand It business visionCan Brand It business vision
Can Brand It business visionStefano Mariani
 
Food Innovation powered by Digital
Food Innovation powered by DigitalFood Innovation powered by Digital
Food Innovation powered by DigitalAccenture Italia
 
2 Vital Ingredients To Artificial Intelligence Success
2 Vital Ingredients To Artificial Intelligence Success2 Vital Ingredients To Artificial Intelligence Success
2 Vital Ingredients To Artificial Intelligence SuccessBernard Marr
 
Forbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses Art
Forbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses ArtForbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses Art
Forbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses ArtShainaBoling829
 
3 Key Ways to Monetize Your Data
3 Key Ways to Monetize Your Data3 Key Ways to Monetize Your Data
3 Key Ways to Monetize Your DataBernard Marr
 
A case study on Ecommerce Consulting
A case study on Ecommerce ConsultingA case study on Ecommerce Consulting
A case study on Ecommerce ConsultingEcumen
 

Similar a Artificial Intelligence Can Now Taste - Transforming Winemaking With Tastry (20)

Artificial Intelligence And Whisky Making: The Perfect Blend?
Artificial Intelligence And Whisky Making: The Perfect Blend?Artificial Intelligence And Whisky Making: The Perfect Blend?
Artificial Intelligence And Whisky Making: The Perfect Blend?
 
How Artificial Intelligence (AI) Is Used To Make Beer
How Artificial Intelligence (AI) Is Used To Make BeerHow Artificial Intelligence (AI) Is Used To Make Beer
How Artificial Intelligence (AI) Is Used To Make Beer
 
Summary artificial intelligence in practice- part-2
Summary  artificial intelligence in practice- part-2Summary  artificial intelligence in practice- part-2
Summary artificial intelligence in practice- part-2
 
The Biggest Technology Trends In Wine And Winemaking
The Biggest Technology Trends In Wine And WinemakingThe Biggest Technology Trends In Wine And Winemaking
The Biggest Technology Trends In Wine And Winemaking
 
The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...
The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...
The Fascinating Ways Warby Parker Uses Artificial Intelligence And Augmented ...
 
The Amazing Ways Retail Giant Zalando Is Using Artificial Intelligence
The Amazing Ways Retail Giant Zalando Is Using Artificial IntelligenceThe Amazing Ways Retail Giant Zalando Is Using Artificial Intelligence
The Amazing Ways Retail Giant Zalando Is Using Artificial Intelligence
 
Whats on tap investor slides
Whats on tap investor slidesWhats on tap investor slides
Whats on tap investor slides
 
Whats on tap investor slides
Whats on tap investor slidesWhats on tap investor slides
Whats on tap investor slides
 
The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...
The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...
The Amazing Ways That L’Oréal Uses Artificial Intelligence To Drive Business ...
 
Slange var case study
Slange var case studySlange var case study
Slange var case study
 
The Amazing Ways eBay Is Using Artificial Intelligence To Boost Business Success
The Amazing Ways eBay Is Using Artificial Intelligence To Boost Business SuccessThe Amazing Ways eBay Is Using Artificial Intelligence To Boost Business Success
The Amazing Ways eBay Is Using Artificial Intelligence To Boost Business Success
 
Retaildetail - Accurat
Retaildetail - AccuratRetaildetail - Accurat
Retaildetail - Accurat
 
10 Business Functions That Are Ready To Use Artificial Intelligence
10 Business Functions That Are Ready To Use Artificial Intelligence10 Business Functions That Are Ready To Use Artificial Intelligence
10 Business Functions That Are Ready To Use Artificial Intelligence
 
Can Brand It business vision
Can Brand It business visionCan Brand It business vision
Can Brand It business vision
 
Food Innovation powered by Digital
Food Innovation powered by DigitalFood Innovation powered by Digital
Food Innovation powered by Digital
 
2 Vital Ingredients To Artificial Intelligence Success
2 Vital Ingredients To Artificial Intelligence Success2 Vital Ingredients To Artificial Intelligence Success
2 Vital Ingredients To Artificial Intelligence Success
 
Forbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses Art
Forbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses ArtForbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses Art
Forbes.comSeptember 18, 2017The Amazing Ways Coca-Cola Uses Art
 
3 Key Ways to Monetize Your Data
3 Key Ways to Monetize Your Data3 Key Ways to Monetize Your Data
3 Key Ways to Monetize Your Data
 
Intro presentation
Intro presentationIntro presentation
Intro presentation
 
A case study on Ecommerce Consulting
A case study on Ecommerce ConsultingA case study on Ecommerce Consulting
A case study on Ecommerce Consulting
 

Más de Bernard Marr

The Top 4 Telecom Trends In 2023
The Top 4 Telecom Trends In 2023The Top 4 Telecom Trends In 2023
The Top 4 Telecom Trends In 2023Bernard Marr
 
How To Use Meta’s Horizon Workrooms For Business
How To Use Meta’s Horizon Workrooms For BusinessHow To Use Meta’s Horizon Workrooms For Business
How To Use Meta’s Horizon Workrooms For BusinessBernard Marr
 
The Top 5 Healthcare Trends In 2023
The Top 5 Healthcare Trends In 2023The Top 5 Healthcare Trends In 2023
The Top 5 Healthcare Trends In 2023Bernard Marr
 
The Top 5 In-Demand Tech Skills For Jobs In 2023
The Top 5 In-Demand Tech Skills For Jobs In 2023The Top 5 In-Demand Tech Skills For Jobs In 2023
The Top 5 In-Demand Tech Skills For Jobs In 2023Bernard Marr
 
Policing In The Metaverse: What’s Happening Now
Policing In The Metaverse: What’s Happening NowPolicing In The Metaverse: What’s Happening Now
Policing In The Metaverse: What’s Happening NowBernard Marr
 
Banking In The Metaverse – The Next Frontier For Financial Services
Banking In The Metaverse – The Next Frontier For Financial Services Banking In The Metaverse – The Next Frontier For Financial Services
Banking In The Metaverse – The Next Frontier For Financial Services Bernard Marr
 
The 7 Biggest Business Challenges Every Company Is Facing In 2023
The 7 Biggest Business Challenges Every Company Is Facing In 2023The 7 Biggest Business Challenges Every Company Is Facing In 2023
The 7 Biggest Business Challenges Every Company Is Facing In 2023Bernard Marr
 
Is This The Downfall Of Meta And Social Media As We Know It?
Is This The Downfall Of Meta And Social Media As We Know It?Is This The Downfall Of Meta And Social Media As We Know It?
Is This The Downfall Of Meta And Social Media As We Know It?Bernard Marr
 
The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023Bernard Marr
 
The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023Bernard Marr
 
How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023Bernard Marr
 
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Bernard Marr
 
The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023Bernard Marr
 
The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023Bernard Marr
 
12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work 12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work Bernard Marr
 
The Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerThe Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerBernard Marr
 
How AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareHow AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareBernard Marr
 
Top 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkTop 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkBernard Marr
 
Artificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingArtificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingBernard Marr
 
Is AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoIs AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoBernard Marr
 

Más de Bernard Marr (20)

The Top 4 Telecom Trends In 2023
The Top 4 Telecom Trends In 2023The Top 4 Telecom Trends In 2023
The Top 4 Telecom Trends In 2023
 
How To Use Meta’s Horizon Workrooms For Business
How To Use Meta’s Horizon Workrooms For BusinessHow To Use Meta’s Horizon Workrooms For Business
How To Use Meta’s Horizon Workrooms For Business
 
The Top 5 Healthcare Trends In 2023
The Top 5 Healthcare Trends In 2023The Top 5 Healthcare Trends In 2023
The Top 5 Healthcare Trends In 2023
 
The Top 5 In-Demand Tech Skills For Jobs In 2023
The Top 5 In-Demand Tech Skills For Jobs In 2023The Top 5 In-Demand Tech Skills For Jobs In 2023
The Top 5 In-Demand Tech Skills For Jobs In 2023
 
Policing In The Metaverse: What’s Happening Now
Policing In The Metaverse: What’s Happening NowPolicing In The Metaverse: What’s Happening Now
Policing In The Metaverse: What’s Happening Now
 
Banking In The Metaverse – The Next Frontier For Financial Services
Banking In The Metaverse – The Next Frontier For Financial Services Banking In The Metaverse – The Next Frontier For Financial Services
Banking In The Metaverse – The Next Frontier For Financial Services
 
The 7 Biggest Business Challenges Every Company Is Facing In 2023
The 7 Biggest Business Challenges Every Company Is Facing In 2023The 7 Biggest Business Challenges Every Company Is Facing In 2023
The 7 Biggest Business Challenges Every Company Is Facing In 2023
 
Is This The Downfall Of Meta And Social Media As We Know It?
Is This The Downfall Of Meta And Social Media As We Know It?Is This The Downfall Of Meta And Social Media As We Know It?
Is This The Downfall Of Meta And Social Media As We Know It?
 
The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023The Top Five Cybersecurity Trends In 2023
The Top Five Cybersecurity Trends In 2023
 
The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023The Top 5 Technology Challenges In 2023
The Top 5 Technology Challenges In 2023
 
How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023How To Build A Positive Hybrid And Remote Working Culture In 2023
How To Build A Positive Hybrid And Remote Working Culture In 2023
 
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence? Beyond Dashboards: The Future Of Analytics And Business Intelligence?
Beyond Dashboards: The Future Of Analytics And Business Intelligence?
 
The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023The Top 5 Data Science And Analytics Trends In 2023
The Top 5 Data Science And Analytics Trends In 2023
 
The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023The 5 Biggest Business Trends For 2023
The 5 Biggest Business Trends For 2023
 
12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work 12 Practical Steps To Handle Change At Work
12 Practical Steps To Handle Change At Work
 
The Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your CareerThe Top 12 Virtual Networking Tips To Boost Your Career
The Top 12 Virtual Networking Tips To Boost Your Career
 
How AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of HealthcareHow AI And Machine Learning Will Impact The Future Of Healthcare
How AI And Machine Learning Will Impact The Future Of Healthcare
 
Top 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of WorkTop 16 Essential Soft Skills For The Future of Work
Top 16 Essential Soft Skills For The Future of Work
 
Artificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of MarketingArtificial Intelligence And The Future Of Marketing
Artificial Intelligence And The Future Of Marketing
 
Is AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say NoIs AI Really a Job Killer? These Experts Say No
Is AI Really a Job Killer? These Experts Say No
 

Último

Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyAlfredo García Lavilla
 
Advanced Test Driven-Development @ php[tek] 2024
Advanced Test Driven-Development @ php[tek] 2024Advanced Test Driven-Development @ php[tek] 2024
Advanced Test Driven-Development @ php[tek] 2024Scott Keck-Warren
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024BookNet Canada
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationRidwan Fadjar
 
WordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your BrandWordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your Brandgvaughan
 
Powerpoint exploring the locations used in television show Time Clash
Powerpoint exploring the locations used in television show Time ClashPowerpoint exploring the locations used in television show Time Clash
Powerpoint exploring the locations used in television show Time Clashcharlottematthew16
 
Story boards and shot lists for my a level piece
Story boards and shot lists for my a level pieceStory boards and shot lists for my a level piece
Story boards and shot lists for my a level piececharlottematthew16
 
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks..."LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...Fwdays
 
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Wonjun Hwang
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfAlex Barbosa Coqueiro
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):comworks
 
Unleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding ClubUnleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding ClubKalema Edgar
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLScyllaDB
 
Artificial intelligence in cctv survelliance.pptx
Artificial intelligence in cctv survelliance.pptxArtificial intelligence in cctv survelliance.pptx
Artificial intelligence in cctv survelliance.pptxhariprasad279825
 
Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024Enterprise Knowledge
 
Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Mattias Andersson
 
My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024The Digital Insurer
 
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024BookNet Canada
 

Último (20)

Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easy
 
Advanced Test Driven-Development @ php[tek] 2024
Advanced Test Driven-Development @ php[tek] 2024Advanced Test Driven-Development @ php[tek] 2024
Advanced Test Driven-Development @ php[tek] 2024
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 Presentation
 
WordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your BrandWordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your Brand
 
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptxE-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
 
Powerpoint exploring the locations used in television show Time Clash
Powerpoint exploring the locations used in television show Time ClashPowerpoint exploring the locations used in television show Time Clash
Powerpoint exploring the locations used in television show Time Clash
 
Story boards and shot lists for my a level piece
Story boards and shot lists for my a level pieceStory boards and shot lists for my a level piece
Story boards and shot lists for my a level piece
 
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks..."LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
 
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdf
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):
 
Unleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding ClubUnleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding Club
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQL
 
Artificial intelligence in cctv survelliance.pptx
Artificial intelligence in cctv survelliance.pptxArtificial intelligence in cctv survelliance.pptx
Artificial intelligence in cctv survelliance.pptx
 
Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024
 
Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?
 
My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024
 
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
 

Artificial Intelligence Can Now Taste - Transforming Winemaking With Tastry

  • 2. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Title Text Introduction Introduction Tastry, a sensory science company, has merged AI and advanced chemistry to teach computers to “taste.” Now their technology is helping consumers find great wines, and providing insight to wineries and retailers about the wines people love to drink. Artificial Intelligence Can Now Taste - Transforming Winemaking With Tastry
  • 3. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Up until recently, the methods wineries used to decide what to produce and what to sell have been almost entirely subjective. Without data, it was really hard to figure out how to make a great wine that would sell well in the market. But in an extremely competitive market, where many wineries only have one shot per season to make a great wine, more and more winemakers are looking for ways to predict what consumers will like, so they can create better products and increase their profits.
  • 4. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Now Tastry, a sensory sciences company based in California, is using machine learning and advanced chemistry to teach artificial intelligence to “taste” – and that technology is shaking up the wine industry by providing valuable information to winemakers and retailers about the wines that customers enjoy. I interviewed Katerina Axelsson, Founder and CEO of Tastry, about how her company uses artificial intelligence to recommend wines to consumers and advise wineries about what products to make.
  • 5. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Tastry’s “Tasting” Methods Tastry’s technology decodes aroma and flavor profiles by chemically analyzing thousands of wines in their lab. Then Tastry identifies the unique consumer palate of each individual that takes a quiz in a store our on their app. Consumer palates are like fingerprints – no two are alike. The AI then uses both of these datasets (consumer palate data and wine profiles) to predict consumer product scores with over 92% accuracy. Their artificial intelligence technology provides science-based insights not only to consumers who feel overwhelmed in the liquor store, but also to winemakers and retailers who want to improve sales by using real data about their customers.
  • 6. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved How Tastry Helps Consumers Every individual has a unique taste experience. Tastry’s app, BottleBird, walks users through a quiz called a “palate survey” by asking about their personal taste and smell preferences – including questions about things like coffee, tobacco, and vinegar. Then BottleBird uses AI and the science of your personal palate to create personalized wine recommendations. This approach makes Tastry different from apps like Vivino, which rely on historical purchase and rating data. The app’s recommendations greatly reduce overwhelm when wine consumers are trying to select a wine in a store, restaurant, bar, or winery. Their tagline is “Never waste money on a bad bottle again.” The app even lets users find wines that rank highly for their friends, so they can give gifts that hit the mark every time.
  • 7. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Helping Winemakers Create Great Vintages Tastry recognized that small and medium-sized wine producers were struggling to get noticed in the crowded wine market, especially companies that had smaller marketing budgets. Tastry’s mission is to help winemakers save money on production and move more of their products by providing wine chemistry data that helps them adjust their wines to match customer tastes. Now they also provide sales teams with information that can help them make better targeting and distribution decisions.
  • 8. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Helping Winemakers Create Great Vintages With the BottleBird app, wineries also gain exposure and connect with brand new customers across a variety of generations and lifestyles. Because BottleBird users are also 45% happier with their wine purchase when they use the app, customer satisfaction scores for wineries can also skyrocket when they engage with Tastry. One of Tastry’s customers, Alexandre Remy of Atlas Wine, says: “Tastry helps me use real data to make decisions at Atlas. They bring not only AI, but their advanced lab methods allow me to match up consumer data with my operations. It’s like a compass pointing me in the right direction. Tastry builds a bridge between the winery’s goals and the consumer’s needs.”
  • 9. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Business Insights for Retailers Wine retailers can also benefit from Tastry’s AI-powered business insights. Tastry can improve wine aisle sales by: ● Providing shoppers with localized, personalized recommendations in in-store kiosks, smart shelf labels, shopping apps, and e-commerce sites. ● Helping retailers optimize their product mix with real-time inventory performance dashboards ● Improving customer satisfaction and increasing the number of return customers a retailer gets ● Reducing shopper overwhelm by demystifying the wine shopping experience and helping customers find “perfect fit” wines in seconds Tastry reports that their insights can lead to a 20% increase in gross sales for wine retailers.
  • 10. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved The Enormous Possibilities of AI Tasting By teaching artificial intelligence to “taste,” Tastry’s model takes subjectivity out of the equation for consumers who want to stop wasting money on bottles of wine they don’t like, as well as wineries and retailers who want to increase sales by understanding what consumers want. Katerina Axelsson shared that Tastry already has proven efficacy not just for wines, but also for products like fragrances, beer, spirits, and coffee. They’ve even done some work with hot sauce companies. When I asked her about Tastry’s future plans, Axelsson said, “Hyper-personalization is becoming very important. There are just too many products and too many options for things now, and people are experiencing the paradox of choice in almost everything they buy. People will expect personalization, which we call singularization, and they’ll expect those recommendations to be accurate.” Companies that use business insights from companies like Tastry will also gain a huge competitive advantage in the marketplace as time goes on.
  • 11. Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent contributor to the World Economic Forum and writes a regular column for Forbes. Every day Bernard actively engages his 1.5 million social media followers and shares content that reaches millions of readers. Visit The Website © 2020 Bernard Marr , Bernard Marr & Co. All rights reserved © 2017 Bernard Marr , Bernard Marr & Co. All rights reserved © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent contributor to the World Economic Forum and writes a regular column for Forbes. Every day Bernard actively engages his 1.5 million social media followers and shares content that reaches millions of readers. Visit The Website
  • 12. Title Subtitle Be the FIRST to receive news, articles, insights and event updates from Bernard Marr & Co straight to your inbox. Signing up is EASY! Simply fill out the online form and we’ll be in touch! © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved