CIO Business Intelligence

APRIL 17, 2024

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

Enterprise 124

Enterprise Testing Digital Transformation Software 124

IBM Big Data Hub

DECEMBER 5, 2023

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

CIO Business Intelligence

MARCH 31, 2023

The retail industry is transforming rapidly. Modern retailers rely heavily on automation for managing inventory, shelf design, customer service, and logistics. Technology is truly powering retail transformation, setting modern stores apart from traditional brick-and-mortar ones. Cloud Computing, Retail Industry

Machine Learning 98

Machine Learning Data Processing Management Technology 98

IBM Big Data Hub

FEBRUARY 15, 2024

The retail industry employs millions of people, and next-generation retail employees will be significantly impacted by the rise of generative AI. With generative AI, retailers can fine-tune inventory and adapt store layouts in real-time, improving navigation, product visibility and stock management.”

Technology 67

Technology Data-driven Risk Modeling 67

CIO Business Intelligence

JULY 20, 2023

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Technology 75

Technology Forecasting Advertising Machine Learning 75

CIO Business Intelligence

NOVEMBER 22, 2022

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. And online ordering accelerated.

Digital Transformation 145

Digital Transformation Sales Machine Learning Optimization 145

CIO Business Intelligence

MAY 2, 2023

Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. How can Generative AI speed innovation in retail?

Cost-Benefit 98

Cost-Benefit Sales Visualization ROI 98

Analytics Vidhya

OCTOBER 20, 2019

Overview Presenting the top five winning solutions and approaches from the AmExpert 2019 hackathon The problem statement was from the retail industry and geared. The post Top 5 Winning Solutions and Approaches from AmExpert 2019 – Feature Engineering Special! appeared first on Analytics Vidhya.

Analytics 201

Analytics Data Science 201

IBM Big Data Hub

OCTOBER 3, 2023

The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. For retail, the average data breach studied cost $2.96

Manufacturing 88

Manufacturing Sales Reporting Strategy 88

CIO Business Intelligence

JULY 26, 2023

The future of retail is “phygital,” as every retail and ecommerce publication on the internet is screaming right now. If you’ve never heard the term before, it’s a portmanteau of “physical” and “digital” – and represents the merging of the two forms of retail and shopping. How do they do that? With data of course.

Sales 94

Sales Digital Transformation Data-driven Optimization 94

CIO Business Intelligence

JANUARY 9, 2023

Imagine a factory or a chain of retailers reducing energy and cutting equipment downtime. Outcome-based solutions delivered in an as-a-service model allow companies to realize this rapid time-to-value. Using Dell Technologies solutions, we’ve already achieved a 10% reduction in downtime. These scenarios are not imaginary.

IoT 122

IoT Internet of Things Cost-Benefit Digital Transformation 122

AWS Big Data

APRIL 11, 2023

To address these challenges, businesses need an inventory management and forecasting solution that can provide real-time insights into inventory levels, demand trends, and customer behavior. To take advantage of this data and build an effective inventory management and forecasting solution, retailers can use a range of AWS services.

Forecasting 74

Forecasting Management IoT Data-driven 74

IBM Big Data Hub

FEBRUARY 12, 2024

For software solutions, they can get access immediately and often in a seamless experience. How we arrived at this CX environment Early days of retail Before mass media, it was harder to know what other products were available outside of the ones offered by the local store. Increasingly organizations expanded what they offered.

Data-driven 103

Data-driven Manufacturing Consulting Advertising 103

CIO Business Intelligence

OCTOBER 30, 2022

Live shopping is one of the most exciting retail experiences in a long time. As shoppers become increasingly eager to buy via live shopping on social platforms such as Instagram and TikTok, retailers face new challenges: How to capture the shoppers’ attention on social media when the urge to buy hits?

Sales 98

Sales Experimentation Interactive Marketing 98

CIO Business Intelligence

APRIL 1, 2022

Google Cloud has released a new fully managed search tool, called Retail Search, which is aimed at retailers who are concerned about product discovery on their digital platforms. Bringing Google Search to Retail Search. Retail Search: a market share and data play.

IT 107

IT Machine Learning Cost-Benefit Data Collection 107

Smart Data Collective

SEPTEMBER 7, 2021

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Big data in retail help companies understand their customers better and provide them with more personalized offers. Key advantages of big data in retail. 4 real-life examples of retailers leveraging big data.

Big Data 124

Big Data Technology Cost-Benefit Predictive Analytics 124

DataRobot Blog

OCTOBER 18, 2022

The DataRobot expo booth at the 2022 conference showcased our AI Cloud platform with industry-specific demonstrations including Anti-Money Laundering for Financial Services , Predictive Maintenance for Manufacturing and Sales Forecasting for Retail. DataRobot Booth at Big Data & AI Toronto 2022. “We

Big Data 96

Big Data Forecasting Experimentation Metrics 96

CIO Business Intelligence

JULY 10, 2023

For retailers and brands, striking a balance between personalisation and security is the ultimate challenge. The trust game It’s obvious that for brands and retailers, security and trust matter. If consumers don’t trust a brand or retailer’s digital offering, then they won’t interact or purchase from it.

Interactive 98

Interactive Measurement Data Collection Risk 98

IBM Big Data Hub

JUNE 30, 2023

Today’s consumers want to know that retailers and brands are aligned with their values. So, while retailers can—and must—use technology as their differentiator, to win the lion’s share of consumer hearts, retail leaders must deliver on promises and purpose. Checking all these boxes is no small feat.

Consulting 65

Consulting Advertising Optimization Data-driven 65

IBM Big Data Hub

OCTOBER 30, 2023

Real-world Business Solutions The real value of any technology is measured by its impact on real-world problems. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. Join us at AWS re:Invent 2023 from November 27 to December 1 in Las Vegas, Nevada.

Insurance 86

Insurance Data Warehouse Data-driven Unstructured Data 86

CIO Business Intelligence

MARCH 2, 2023

Pick n Pay’s bold plan to modernize infrastructure and drive efficiency is beginning to pay dividends as its migration to AWS was successfully completed last year, signaling the digital ambitions of this retail giant. year-to-date, with on-demand year-to-date growth in excess of 100%. That was really the catalyst.” billion ($5.3

Cost-Benefit 98

Cost-Benefit Consulting Data Warehouse Management 98

CIO Business Intelligence

OCTOBER 16, 2023

It’s not just about simply selling products but also helping distributors easily create solutions that are tailor-made for specific industry vertical scenarios. It can be integrated into a diverse range of environments, from retail to hospitals to luxury hotels.

Digital Transformation 124

Digital Transformation Sales Marketing Enterprise 124

Cloudera

APRIL 23, 2024

In the first phase, the judges awarded points based on uniqueness and innovation of the idea and the problem it would solve; the approach to how the project would employ machine learning; the articulated benefits to the environment; and how differentiated the solution was from other applications.

Machine Learning 85

Machine Learning Data Science Data Processing Data-driven 85

CIO Business Intelligence

JANUARY 12, 2023

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. The workflows are built on Nvidia’s existing AI technology platform. The first non-Amazon supermarket to use the company’s technology opened in Kansas City in December.

Sales 70

Sales Software Dashboards Manufacturing 70

DataRobot Blog

AUGUST 18, 2022

The retail marketplace has become increasingly complex and competitive. Keeping pace with the connected consumer, embracing emerging trends in shopping, or staying ahead of the competition—these challenges bear down on retailers and manufacturers greater than ever before. Lenovo Computes Supply Chain and Retail Success with DataRobot.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

FEBRUARY 29, 2024

Manufacturers are increasingly looking to generative AI as a potential solution to these and other challenges. Research from Avanade , a technology expert that specialises in the Microsoft ecosystem and partner solutions, suggests that 92% of manufacturers aim to be AI-first within a year. This can be a major challenge.

Manufacturing 111

Manufacturing Unstructured Data Cost-Benefit Risk 111

Smart Data Collective

DECEMBER 14, 2020

Retailers are struggling to keep up with a growing demand for online purchases. As such, retailers have an even tougher job of keeping on top of supply and demand. Using big data and analytics, retailers can more easily optimize their supply chains. Another vital component of many retail businesses is picking and packing orders.

Big Data 111

Big Data Management Key Performance Indicator Data-driven 111

CIO Business Intelligence

FEBRUARY 5, 2024

As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus. We are adopting Private Cloud Technology to meet these needs, with Oracle Exadata Cloud at Customer (ExaCC) being a pivotal technology solution for our database workload.

IT 114

IT Digital Transformation Cost-Benefit Technology 114

Smart Data Collective

MARCH 23, 2023

Artificial intelligence is the latest trend shaping the omnichannel experience for customers in many retail outlets. Retail and other industries are using omnichannel and AI technology to improve their services. One of the biggest trends pertains to personalization. The order is then sent to a nearby store to avoid long lines.

Marketing 119

Marketing Sales Advertising Strategy 119

CIO Business Intelligence

JUNE 23, 2023

With more than two decades of experience working in global consumer and retail companies, Piyush Chowhan is passionate for transforming businesses by leveraging technology. Chowhan: I’m a retail and consumer technology evangelist who loves to enable enterprise transformation. Digital Transformation, Retail Industry

Digital Transformation 52

Digital Transformation Machine Learning Technology Interactive 52

Cloudera

JANUARY 5, 2021

Now that we have established tailored demand, we need to figure out how to fulfill demand though a robust and capable supply chain, let’s drive into building an agile retail supply chain. This retailer also implemented a follow-on use case of predictive analytics for maintenance, improving uptime of their delivery fleet.

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

CIO Business Intelligence

FEBRUARY 15, 2024

TPM and TPO are key disciplines in the CPG space that involve managing and optimizing all promotional activities conducted with retailers, from discounts to deductions and payments. Invention through necessity Unable to find a solution in the marketplace, Henkel decided to build one. It’s a bit of a tough computer science problem.

B2B 138

B2B Optimization Machine Learning Software 138

CIO Business Intelligence

JULY 7, 2023

Retailers are looking to private 5G-enhanced video ingest and analytics to better understand flow analysis in the retail environment to better manage inventories, improve store design, improve workforce productivity, and boost customer satisfaction.

Manufacturing 103

Manufacturing Enterprise Strategy Marketing 103

CIO Business Intelligence

JULY 14, 2022

The ANWR Group, a Mainhausen-based community of financial services and retailers in the footwear, sporting goods, and leather goods industries, has, until 2018, used the ERP system of its bank subsidiary DZB Bank, and as a result, banking sector regulations for financial accounting and controlling also applied to the retail area of ??the

Reporting 97

Reporting Consulting Software Strategy 97

AWS Big Data

NOVEMBER 10, 2023

This integration expands the possibilities for AWS analytics and machine learning (ML) solutions, making the data warehouse accessible to a broader range of applications. The business opportunity There are 19 predictive models in scope for utilizing 93 features built with AWS Glue across Capitec’s Retail Credit divisions.

Data Processing 91

Data Processing Data Lake Data Warehouse Optimization 91

Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. Take the time to evaluate your business model carefully and prioritize the right variables when trying to grow your retail business. Targeting the Right Variables for Your Data-Driven Retail Business Model.

Data-driven 108

Data-driven Metrics Sales Big Data 108

Smart Data Collective

SEPTEMBER 6, 2023

E-commerce Fraud: A Digital Dilemma E-commerce fraud involves fraudulent transactions or practices in the realm of online retail. The anonymity and vastness of the internet provide a fertile ground for such fraudulent activities, making e-commerce fraud a significant concern for online retailers.

Software 105

Software Digital Transformation Measurement Predictive Analytics 105