article thumbnail

Big Data: The Technology Behind Retailers Success

Smart Data Collective

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.

Retail 326
article thumbnail

6 Data And Analytics Trends To Prepare For In 2020

Smart Data Collective

Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason. IDC predicts that if our digital universe or total data content were represented by tablets, then by 2020 they would stretch all the way to the moon over six times. Machine Learning Experience is a Must.

Insiders

Sign Up for our Newsletter

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

article thumbnail

4 Industries Benefiting from Data-Driven Mobile App Development

Smart Data Collective

According to the most recent App Annie report, there was a 26% rise in app downloads in 2020, as well as an increase in the amount of time consumers spent using mobile applications. The influence of mobile browsing on offline retail sales is increasing year to year, and is expected to reach more than $1 trillion in 2021. (2).

article thumbnail

Big Data Skill sets that Software Developers will Need in 2020

Smart Data Collective

From the tech industry to retail and finance, big data is encompassing the world as we know it. A global retailer like Amazon with its same-day shipping and multi-channel services might have billions of data points across several sectors. Gartner estimates a retail IT spend forecast of $210.9 billion by next year with $11.7

Big Data 196
article thumbnail

Companies Without AI-Based WAF Protection Will Be Left Behind In 2020

Smart Data Collective

Gartner foresees that by 2020, above 60% of public web apps will be secured by a web application firewall. The same way online clients interact with an online retail platform is how cybercriminals perform malicious interactions. It can help detect new forms of cyberattacks and optimize defense solutions to match your needs.

article thumbnail

The Surprising Benefits of Data Analytics for Furniture Stores

Smart Data Collective

One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. RetailDive recently published an article titled Furniture retailer embraces digital marketing and measures its impact with analytics , which underscores the benefits that analytics offers.

article thumbnail

How to Use Big Data to Cash in on the Firearms Market

Smart Data Collective

It’s not just online gun retailers that benefit from this industry. Even though the industry has been growing for the last decade, that growth has exploded exponentially in the first half of 2020 alone. Gun retailers are profitable businesses. It’s a great time to be a gun retailer in the United States.

Big Data 268