Remove Data-driven Remove Digital Transformation Remove Forecasting Remove Visualization
article thumbnail

Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

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.

article thumbnail

Data Strategy: The Missing Link in Your Digital Transformation Plan

Smart Data Collective

On the surface, digital transformation is a simple process. This could be moving your spreadsheets to cloud software or even going so far as to move up from paper to digital. Specifically, we’re talking about how digital transformation efforts routinely fail to take advantage of the data they provide access to.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

article thumbnail

Achieving Trusted AI in Manufacturing

Cloudera

With the ability of manufacturers to store a huge volume of historical data, AI can be applied in general business areas of any industry, like developing recommendations for marketing, supply chain optimization, and new product development. Advanced technologies are only part of the digital transformation story.

article thumbnail

How healthcare organizations can analyze and create insights using price transparency data

AWS Big Data

Under the Transparency in Coverage (TCR) rule , hospitals and payors to publish their pricing data in a machine-readable format. The data in the machine-readable files can provide valuable insights to understand the true cost of healthcare services and compare prices and quality across hospitals.

article thumbnail

3 technology trends set to revolutionize retail

CIO Business Intelligence

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. From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027.

article thumbnail

The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO Business Intelligence

Transformation using these technologies is not just about finding ways to reduce energy consumption now,” says Binu Jacob, Head of IoT, Microsoft Business Unit, Tata Consultancy Services (TCS). It’s also about being able to capture the insights needed to better forecast energy consumption in the future.”

IoT 89