- Designed for the retail sector, the UST Retail GenAI
Platform empowers businesses with end-to-end operational
enhancements, driving efficiency and growth.
- Purpose-built for retailers, the UST Retail GenAI Platform
delivers comprehensive tools to optimize every facet of retail
operations, from logistics to customer experience.
LONDON, Sept. 13, 2024 /PRNewswire/ -- UST, a
leading digital transformation solutions company, has unveiled its
'UST Retail GenAI platform' at the London Innovation Lab.
Steve Rempel, SVP &
International CIO at Walgreens Boots Alliance, inaugurated this
pioneering platform to transform retail operations through the
power of Generative AI. Steve shared valuable insights on critical
success factors to enable GenAI adoption, including the need to
appreciate the trust cycle while planning various investments.
Prior to the inauguration, UST's CEO, Krishna Sudheendra, shared the focus with which
UST is championing the adoption of Generative AI, including the
in-house program to train 25,000 employees on GenAI.
AI has the potential to unlock between $400B and $660B in
economic value for the retail industry, according to research.
However, few companies have fully realized the potential of new
technologies. Developed in-house by UST's technology and industry
sector experts, the platform combines established business models
with key GenAI capabilities such as search, summarization,
automation, and creation to revolutionize retail practices.
This state-of-the-art platform enables larger business teams to
have an out-of-box experience for scenarios in the retail
enterprise that would benefit from GenAI-led investments. The
platform maps the alignment between GenAI and business
capabilities, allowing for more effective decision-making. The UST
Retail GenAI platform enables retailers to safely and swiftly pilot
GenAI-driven solutions, test various scenarios and outcomes,
accelerate innovation, and optimize operations. Retailers can
conceptualize and plan their AI strategies with the help of
scenario cards, which integrate the 'Enterprise knowhow' to address
specific challenges.
"At UST, we've partnered with six of the world's top ten
retailers, transforming their businesses. While AI is already
transforming retail operations, we still need to unlock its full
potential. The UST Retail GenAI Platform offers a structured
approach for exploring generative AI scenarios, marking a
significant milestone in our mission to revolutionize retail
operations through the power of generative AI. This is aligned to
our focus on building platforms that can help scale the adoption of
GenAI-led ways of working," said Krishna
Sudheendra, Chief Executive Officer, UST.
The benefits of investing in digital transformation and
specifically AI were echoed in a recent survey
commissioned by UST, where respondents cited
building resilience to cope with future disruption the highest,
increasing profitability, and improving sustainability as key
outcomes of technological advancements within their business.
UST AlphaAI consolidates the company's AI offerings to
enhance business agility, streamline operations, and accelerate
digital transformation journeys.
About UST
Since 1999, UST has worked side by side with the world's best
companies to make a powerful impact through transformation. Powered
by technology, inspired by people, and led by our purpose, we
partner with our clients from design to operation. Our digital
solutions, proprietary platforms, engineering expertise, and
innovation ecosystem turn core challenges into impactful,
disruptive solutions. With deep industry knowledge and a
future-ready mindset, we infuse innovation and agility into our
clients' organizations—delivering measurable value and positive
lasting change for them, their customers, and communities around
the world. Together, with 30,000+ employees in 30+ countries, we
build for boundless impact—touching billions of lives in the
process. Visit us at www.UST.com.
Media Contacts, UST:
Tinu Cherian Abraham
+1 (949) 415-9857
Merrick Laravea
+1 (949) 416-6212
Neha Misri
+44-7341787926
Roshini Das K
+91-7736795557
media.relations@ust.com
Media Contacts, India:
Adfactors PR
ust@adfactorspr.com
Media Contacts, U.S.:
S&C PR
+1-646.941.9139
media@scprgroup.com
Makovsky
ust@makovsky.com
Media Contacts, U.K.:
FTI Consulting
UST@fticonsulting.com
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