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GIA grading report
GIA Embraces Automated Clarity Grading
The Gemological Institute of America (GIA) has teamed up with IBM Research to develop an automated system for grading the clarity of a diamond.The artificial intelligence (AI) technology uses data from tens of millions of diamonds GIA laboratories...
Technology Jul 27, 2020 Rapaport News
Will Gemologists Survive Automation?
Amid the tech boom that is shaping the diamond industry, a growing number of companies are challenging the grading laboratories, arguing that assessing the 4Cs should not be a subjective science.“Five to 10 years from now, diamond...
Technology Jul 10, 2019 Avi Krawitz
Cyber Monday
Cyber Monday Smashes Online-Sales Record
E-commerce sales jumped 20% year on year to$7.9 billion on Cyber Monday, making it the largest US online shopping day of all time, accordingto projections from Adobe Analytics. The prior Saturday and Sunday also set...
Retail Nov 27, 2018 Rapaport News
IBM holiday sales
IBM Predicts 5% Rise in Holiday Jewelry Sales
IBM has forecast strong growth in jewelry sales over theholiday retail season amid robust consumer sentiment. Purchases in the category will rise an estimated 5.2% yearon year during the festive period, IBM vice...
Retail Nov 25, 2018 Rapaport News
TrustChain 150
IBM Launches Blockchain for Jewelry
IBM has partnered with members of the diamond and jewelryindustry to create a blockchain platform for improving traceability.The technology giant will work with retailer HelzbergDiamonds and jewelry manufacturer Richline Group — both subsidiaries of WarrenBuffett’s...
Mining Apr 29, 2018 Rapaport News
Computer Laptop E-Commerce ecommerce e commerce cr
Cyber Monday Sales +21% but Avg. Transaction Value Drops
U.S. online retail sales jumped 20.6 percent year on year for Cyber Monday, which was December 2, according to cloud-based data collected by IBM Digital Analytics Benchmark. While a hard total was not provided, IBM...
Retail Dec 03, 2013 Jeff Miller
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Online Retail Sales +20% on Thanksgiving Day
U.S. online retail sales grew 19.7 percent year on year for Thanksgiving Day, according to cloud-based IBM Digital Analytics Benchmark, which analyzed traffic and sales for 800 retail websites. The average order...
Retail Nov 29, 2013 Jeff Miller
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