Smart Data Collective

MAY 29, 2019

Pretty much every industry you can think of uses some form of big data technology to help optimize their business. In this article, we reveal five industries which have been reshaped by big data technology. IBM wrote an excellent report about the use of big data in the retail sector. Online Gambling. Transportation.

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Smart Data Collective

JUNE 23, 2022

The automotive industry is struggling to meet demand as a growing supply chain shortage cripples the global economy. Chip shortages, among other components, have fueled a steep increase in car prices, as much as USD$900 above the manufacturer-suggested retail price (MSRP) for non-luxury cars and USD$1,300 above MSRP for luxury ones. .

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Fingent

OCTOBER 24, 2023

Retailers are at a crossroads with fresh opportunities and challenges. However, there’s a bright side – smart retail technologies can enhance the consumer experience, adapting […] The post Explore Innovative Business Possibilities with Smart Retail Technologies appeared first on Fingent.

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Fingent

MARCH 17, 2023

In addition, the lockdowns and store closures due to the unprecedented events of 2020 accelerated digitization in the retail industry. According to Forbes, roughly […] The post The Future of Retail: Key Technologies for Success appeared first on Fingent Technology. Consumers today don’t just make purchases online.

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Smart Data Collective

MAY 14, 2021

Intelligent virtual agents (IVAs) are attractive to businesses in dozens of industries thanks to their convenience and their AI capabilities. Here’s a look at some of the industries this growing technology is transforming. Research shows that retail is the industry that fields the most customer calls. billion in 2019.

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Fingent

APRIL 25, 2021

In this post, you will see how Odoo ERP implementation helps retail management. Odoo ERP: A Highly Customizable Cloud-based Platform for Retailers! The retail industry is one of […]. The post How Odoo ERP Enhances Retail Operations Management appeared first on Fingent Technology.

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Phocas

DECEMBER 3, 2020

The retail industry is a tough and competitive environment. The key to retail success in such a cut-throat environment is via your data. With every business trying to top one another, it becomes all the more difficult to bring in new customers.

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Smart Data Collective

FEBRUARY 2, 2021

It’s one of the fastest-growing industries. However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. The post What Are the Industries That Benefit Most from Big Data? Healthcare.

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Fingent

MAY 31, 2021

How Retail Software Solutions Help You Gain A Competitive Advantage The retail industry has witnessed a tremendous transformation over the past few years. Innovative retail technologies have made the sector fast-paced and highly competitive. The post Custom Retail Software Solutions: Everything You Need to Know!

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Phocas

DECEMBER 7, 2020

There are numerous benefits for retailers to share their sales and customer data with suppliers. Retailers are closer to consumers than suppliers and are more aware of shifting trends that can determine the demise of one product and the potential for another.

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ElegantJ BI

DECEMBER 5, 2017

Analytics for Retail: Mobile, Accessible, Easy for Every User! Retail is changing, and it is changing fast! Business Intelligence for Retail is more important than ever! Business Intelligence for Retail is more important than ever! Analytics for Retail is imperative.

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ElegantJ BI

DECEMBER 5, 2017

Analytics for Retail: Mobile, Accessible, Easy for Every User! Retail is changing, and it is changing fast! Business Intelligence for Retail is more important than ever! Business Intelligence for Retail is more important than ever! Analytics for Retail is imperative.

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ElegantJ BI

DECEMBER 5, 2017

Analytics for Retail: Mobile, Accessible, Easy for Every User! Retail is changing, and it is changing fast! Business Intelligence for Retail is more important than ever! Business Intelligence for Retail is more important than ever! Analytics for Retail is imperative.

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Astera

AUGUST 3, 2023

In this era of digital transformation, technology plays an increasingly pivotal role in shaping the future of retail operations. EDI (Electronic Data Interchange) serves as a digital bridge, facilitating the seamless exchange of business documents and transactions between retailers, suppliers, and other trading partners.

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Forrester - Business Intelligence

APRIL 10, 2023

You can find The State Of Cloud In Retail, 2023 on the Forrester website now. Unlike more highly regulated industries like healthcare and financial services, retail has leaned on cloud heavily since the early days to power blazing-fast websites […]

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Inflexion Analytics

SEPTEMBER 10, 2023

Large retail firms led the way in using cloud services to improve profitability, making improvements to the productivity of back-office functions and in facilitating omnichannel customer support. Retailers then exploited that data advantage by applying Google’s AI and machine learning tools and techniques to that data resource.

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Smart Data Collective

NOVEMBER 2, 2020

What Businesses Belong to the Entertainment Industry? When one thinks of the entertainment industry, the things that come to mind first are movies, theaters, concert venues, and sporting events. The industry was hit hard by the lockdown. How Does the Entertainment Industry Benefit from BI and Analytics?

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Smart Data Collective

JULY 19, 2019

The telecommunications industry could benefit from big data more than almost any other business. A 2017 analysis by MapR showed that telecommunications industries can benefit from big data more than almost any other company. Big Data is Making a Major Imprint on the Telecom Industry. appeared first on SmartData Collective.

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Phocas

FEBRUARY 25, 2020

Over the last decade, many industries have adopted business intelligence to help them lower costs, improve efficiency, spot trends, and take advantage of new opportunities. Whereas, business intelligence insights enable manufacturers, wholesalers, and retailers to form strategic decisions using accurate, timely and complete information.

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Dataversity

MARCH 8, 2024

As a seasoned captain who’s steered the ship through the turbulent waters of financial services, retail, CPG, and telecom industries, I’ve charted a course that’s proven its mettle […] The post The Swashbuckling Guide to Building an Analytics Center of Excellence appeared first on DATAVERSITY.

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CMW Lab Blog

APRIL 28, 2023

With the end of lockdown, the retail real estate sector showed significant growth in 2022. The forecasts for 2023 prove this tendency with a retail vacancy rate falling to 4,2%. In this article, we’ll explore some of the ways that digital transformation influences the real estate industry and the benefits it brings.

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Fingent

MARCH 1, 2021

The COVID-19 pandemic has hit retailers hard. As the days dragged by and shutters remained close, many retailers had to let go of employees and even shut their shops permanently. The post How SAP Solutions Allow Retailers to Stay Competitive in 2021 appeared first on Fingent Technology.

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Simplilearn

MAY 9, 2023

One can witness the growing adoption of these technologies in industrial sectors like banking, finance, retail, manufacturing, healthcare, and more. Companies are striving to make information and services more accessible to people by adopting new-age technologies like AI and machine learning. Read More.

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Smart Data Collective

FEBRUARY 14, 2023

The furniture industry is among those relying more heavily 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. How can data analytics help the office furniture industry?

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BizAcuity

JULY 22, 2019

One where every sector around us, right from transport, retail and manufacturing to automobiles, is undergoing a major transformation. It all boils down to having the right technology tools to manage fleet, which can provide a huge competitive advantage for businesses belonging to any industry. The Evolution of Fleet Management.

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Simplilearn

JUNE 12, 2023

The retail sector is especially benefiting from machine learning. It aids the retail industry in every way, from identifying customers to forecasting sales performance. One such prominent retail use of machine learning is market basket analysis (MBA).

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Insight Software

DECEMBER 18, 2020

The stakes are high in the retail industry. On one hand, some bricks-and-mortar retailers are fighting to remain relevant and overcome the strain of the coronavirus pandemic. On the other hand, online retail is surging, leading to fierce competition and tight profit margins. Financial management begins and ends with KPIs.

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Simplilearn

JUNE 12, 2022

Most banks today are locked into a physical branch distribution model that makes them as prone to disruption from technology companies as the retail industry was. Even century-old behemoths like Sears, Levitz, and Woolworth's succumbed quickly to cutting-edge online competitors.

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Sisense

AUGUST 12, 2021

and so has worldwide innovation within and outside the industry. Although covid-related bar and restaurant closures resulted in a beer-industry slowdown, there are indications of a post-pandemic boom, with a 2.5% Two things seem certain in the beer industry’s near-term future: a rise in demand and supply volatility.

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Phocas

MAY 28, 2020

Ruroc is an online retailer that sells unconventional and aesthetically unique ski helmets. COVID-19 has shuttered thousands of retailers around the world, and consumers have moved to online shopping, which has benefited Ruroc. In 10 years, Ruroc has built a global community of loyal followers and customers.

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Smart Data Collective

SEPTEMBER 22, 2020

If you’ve never been aware of big data in the firearms industry, you’re in for a treat. Statistics over time have proven that the firearms industry does exceptionally well under two conditions: right before a presidential election and during a national crisis. This means it’s a good time to go into business in the firearms industry.

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Astera

AUGUST 2, 2023

Some commonly used standards include the American National Standards Institute (ANSI) X12, the United Nations EDIFACT, and the TRADACOMS standard used in the UK retail sector. EDI compliance implies that your business has the capability to receive, translate, and process transaction sets according to the specified standard.

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Smart Data Collective

NOVEMBER 12, 2022

Data analysts work in many industries and can support companies with focuses ranging from retail to healthcare to IT companies etc. Work in a Variety of Industries. Data analysts are in high demand across many industries, from healthcare to finance to education to tech, etc.

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Timo Elliott

FEBRUARY 4, 2019

Working with design expert David Kester , he put together a series of Plastic Challenge workshops bringing together consumers and retail industry experts to think about ways to alleviate the problem. The goal is to help reduce the environmental impact of plastics waste and finding new ways for industries players to collaborate.

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Dataversity

DECEMBER 9, 2020

In an industry as competitive as eCommerce retail, the ability to turn data into actionable insights presents the opportunity to make business decisions that drive more revenue and control costs. Click to learn more about author Maurice Lacroix.

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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.

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Domo

JULY 31, 2019

Before Domo, I worked at Target for 13 years and in the retail industry for 16 years. Between what I learned over that period, and what I’ve taken away from events such as NRF Big Show , I’ve arrived at seven predictions for retail’s busiest time of year. We need somebody to bring the item out to us, or we just won’t bother.

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