6 Ways that AI Improves the Quality of Retail Apps
Smart Data Collective
AUGUST 5, 2024
AI technology provides a number of amazing benefits for retailers trying to reach customers more effectively through mobile apps.
Retail Related Topics 
Managing Seasonal Fluctuations in Retail with Analytics
Smart Data Collective
OCTOBER 6, 2023
Data analytics technology has helped retail companies optimize their business models in a number of ways. Data Analyst Solomon Nyamson wrote an article on Linkedin pointing out that predictive analytics tools like Sarima have made it easier than ever to forecast retail sales due to seasonal changes. Inventory management is also key.
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Harnessing the Power of Data in Healthcare, Retail, and Energy Industries
Smart Data Collective
JUNE 13, 2024
Data mining offers a number of important benefits for companies in the healthcare, energy and retail sectors.
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Big Data: The Technology Behind Retailers Success
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.
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AI’s Massive Growth Puts Retail Data in the Spotlight
Dataversity
JANUARY 23, 2024
Since its first debut to the public in 2022, generative AI has dominated headlines […] The post AI’s Massive Growth Puts Retail Data in the Spotlight appeared first on DATAVERSITY.
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9 Ways Location Data Can Help You Excel in Retail
Smart Data Collective
JUNE 15, 2022
Consumers today want retailers they do dealings with, to provide them with simplified and personalized services. The retail industry is expanding all the time. The retail industry is expanding all the time. Did you know that retail sales in the US are expected to reach $5.94 trillion in 2024, up from roughly $5.47
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Retail Metrics that Not Enough Data-Driven Entrepreneurs Track
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.
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AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Smart Data Collective
JULY 23, 2021
They offer instant assistance to customers and leads, helping retailers get more sales. The perks of using chatbots for retailers. Such innovations may come with downsides of their own, but for you as a retailer, this is a great tool. The online world opens up opportunities for retailers to reach many people across the world.
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Big Data Proves Invaluable to Retail Supply Chain Management
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.
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Leading the Powerplay with Retail Business Intelligence
Fingent
JULY 10, 2024
Retail is one of the most data-reliant industries globally. That’s where Retail Business Intelligence steps in! That’s where Retail Business Intelligence steps in! Business Intelligence (BI) is especially […] The post Leading the Powerplay with Retail Business Intelligence appeared first on Fingent.
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Explore Innovative Business Possibilities with Smart Retail Technologies
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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5 Ways Your Retail Banks Can Use Data to Better Serve Digital Natives
Smart Data Collective
JANUARY 14, 2022
This enables them to simultaneously address clients’ desire for a more diverse and innovative range of products and services in digital retail banking. The post 5 Ways Your Retail Banks Can Use Data to Better Serve Digital Natives appeared first on SmartData Collective. Enhanced, Personalized Customer Engagement.
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Analytics for Retail Can Make You Competitive!
ElegantJ BI
JULY 21, 2017
BI for Retail! It is designed for Retail! Business Intelligence for Retail is just what your organization needs to succeed! And we all know how competitive retail is these days! The retail market is fickle, and market trends change rapidly. No, Really!
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AI in Retail: Benefits, Use Cases and More!
Fingent
JUNE 5, 2024
What can Artificial Intelligence do for your Retail Business? You can shoot targeted marketing emails, and your customers can always […] The post AI in Retail: Benefits, Use Cases and More! You can shoot targeted marketing emails, and your customers can always […] The post AI in Retail: Benefits, Use Cases and More!
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The Future of Retail: Key Technologies for Success
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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The Benefits of Making Computer Vision Investments as a Retailer
Dataversity
OCTOBER 21, 2021
This has affected not only other online stores but traditional retailers as well. The post The Benefits of Making Computer Vision Investments as a Retailer appeared first on DATAVERSITY. We live in a time when e-commerce giants like Amazon have raised the standards for customer experience.
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Retail data analytics fosters collaboration between retailers and suppliers
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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Augmented Reality in Retail: Reimagining the Future of Shopping
Fingent
JUNE 17, 2022
Augmented Reality in Retail: Reimagining the Future of Shopping Try Before You Buy: Creating Interactive Retail Shopping Experiences with AR Augmented Reality in Retail is revolutionizing shopping experiences expeditiously! Nike’s Virtual View is one […].
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Business Intelligence for Retail Provides Real Results
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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Business Intelligence for Retail Provides Real Results
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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Business Intelligence for Retail Provides Real Results
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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How Odoo ERP Enhances Retail Operations Management
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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Analytics for Retail Can Make You Competitive!
ElegantJ BI
JULY 21, 2017
BI for Retail! It is designed for Retail! Business Intelligence for Retail is just what your organization needs to succeed! And we all know how competitive retail is these days! The retail market is fickle, and market trends change rapidly. No, Really!
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Analytics for Retail Can Make You Competitive!
ElegantJ BI
JULY 21, 2017
BI for Retail! It is designed for Retail! Business Intelligence for Retail is just what your organization needs to succeed! And we all know how competitive retail is these days! The retail market is fickle, and market trends change rapidly. No, Really!
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Retail success means data sharing
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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Custom Retail Software Solutions: Everything You Need to Know!
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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How Data Science Drives Growth and Improves Customer Experiences in FinServ and Retail | Simplilearn
Simplilearn
DECEMBER 16, 2020
For example, retailers and financial-services companies can use data science when dealing with bank. They use it along with analytics to understand customer behavior and aid real-time decision-making. This achieves better, more goal-oriented results. Businesses may also use data science to reverse negative trends. Read More.
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How Big Data is Shaping the Future of India’s Retail Industry?
The BAWorld
JULY 18, 2024
In India, big data has been a game changer in the retail sector by making it possible to add hyper-personalization, precise demand forecasting, dynamic pricing and seamless omnichannel integration. Retailers are finally able to leverage rich customer information for targeted marketing, product recommendation and loyalty programs.
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The Power of EDI in Retail: Enhancing Collaboration & Speed
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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Cloud Powers Retail Through The Economic Slowdown
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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What a New Approach to Data Did for La-Z-Boy’s Retail Unit
Domo
JANUARY 28, 2022
And how did La-Z-Boy’s retail department leaders ensure that it did happen? According to Linz, who is the president of La-Z-Boy’s retail division, the aha moment occurred in 2018, when he and some of his colleagues realized they had “tons of data but were actionable-analysis poor,” he said.
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AI and Analytics are Entering the Mainstream in Retail
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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How SAP Solutions Allow Retailers to Stay Competitive in 2021
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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Eight top DAM features for retailers and manufacturers
Ntara
MARCH 18, 2024
Five of the best DAM features for retailers, manufacturers & brands For a new or upgraded DAM implementation, the best features often deliver a big impact right out of the box or drive momentum through quick, tangible wins. If so, DAM feature evaluation is likely on your radar. 1: Custom metadata (Best quick win) Custom metadata (i.e.,
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Retail 2021: A forward look
Clarasys
JANUARY 13, 2021
No matter what plans a retail organisation has had at the beginning of 2020, many will need to adapt their strategy for 2021. Whether this is due to an increased demand for online shopping, changing customer behaviours, or as a result of the newest technology, retailers will need to go back to the drawing board.
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How Mystery Shopping Market Research Helps Retail Brands Improve
The Analyst Agency
AUGUST 3, 2023
These mystery shoppers […] The post How Mystery Shopping Market Research Helps Retail Brands Improve appeared first on The Analyst Agency, LLC. In this approach, individuals known as “mystery shoppers” or “secret shoppers” are hired by market research firms or businesses to pose as regular customers.
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Mastering Retail: Picking the Right Invoice Data Extraction Tool
Astera
MAY 24, 2023
In the fast-paced world of retail, data is the cornerstone of decision-making, strategic planning, and customer relations. The Evolution of Data Management Tools in Retail Data management tools have been critical in the retail sector, playing a key role in storing, organizing, and analyzing data.
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Case Study – Smarten Augmented Analytics Implementation for Growing India Retail Clothing Chain
ElegantJ BI
FEBRUARY 5, 2020
This Client is one of the fastest growing retail clothing chains in India. The Client has more than 50 stores located in 18 cities, and offering more than 8 in-house brands of apparel. The Client business is experiencing consistent growth with new stores opening in numerous cities at prime locations.
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Case Study – Smarten Augmented Analytics Implementation for Growing India Retail Clothing Chain
ElegantJ BI
FEBRUARY 5, 2020
This Client is one of the fastest growing retail clothing chains in India. The Client has more than 50 stores located in 18 cities, and offering more than 8 in-house brands of apparel. The Client business is experiencing consistent growth with new stores opening in numerous cities at prime locations.
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Khaos Control plus Phocas bring data-driven decision making to wholesalers & retailers
Phocas
SEPTEMBER 15, 2021
Two longstanding software providers dedicated to the wholesale and retail market in the United Kingdom, Phocas Business Intelligence Software and Khaos Control have joined forces to bring business intelligence (BI) to all versions of Khaos Control ERP.
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Retail real estate sector is booming: how digital transformation can help to succeed?
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%. Impact of the digital transformation on consuming in retail Digital transformation , no doubts, has significantly impacted retail real estate.
Sales analytics helps online retailer understand customer behavior in lockdown
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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Top Five Financial KPIs for Retail
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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Case Study – Smarten Augmented Analytics Implementation for India Pharmacy and Wellness Retail Business
ElegantJ BI
JANUARY 22, 2020
This Client is a pioneer speciality retail chain with pharmacy and wellness stores in India. The Client owns and manages a chain of stores located across Ahmedabad, Gandhinagar and Vadodara and offers pharmacy products sourced from manufacturers or channel partners.
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