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. 33% respondents of Statista’s survey indicated that big data is essential to their business success.

Retail 313

Retail Technology Technology Predictive Analytics 313

CIO

FEBRUARY 15, 2024

Today, those efforts are coming to fruition, positioning Henkel among the leading wave of companies adopting generative AI to not only optimize its businesses, but use it as a core building block of its strategic vision for the future. Another key component of Nilles’ plan for Henkel has been to build strong strategic partnerships.

Value Chain 868

Value Chain Sports Retail Innovation 868

Smart Data Collective

SEPTEMBER 28, 2022

Businesses are having a difficult time managing this growing array of data, so they need new data management tools. Data management is a growing field, and it’s essential for any business to have a data management solution in place. This type of analysis helps you make better business decisions based on trends and patterns.

Advantage 265

Advantage Advantage Management Predictive Analytics 265

CIO

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 Retail stores and smart homes can use AI at the edge technology to personalize user experiences. Personalization.

Retail 661

Retail Predictive Analytics Algorithm Gaming 661

Smart Data Collective

DECEMBER 14, 2020

Retailers are struggling to keep up with a growing demand for online purchases. They have found that the pandemic has completely upended their business models, as customers shift towards online commerce. As such, retailers have an even tougher job of keeping on top of supply and demand. Manage Deliveries in Real-Time.

Retail 278

Retail Management Commerce Analysis 278

CIO

AUGUST 2, 2023

Generative AI is already making deep inroads into the enterprise, but not always under IT department control, according to a recent survey of business and IT leaders by Foundry, publisher of CIO.com. The survey found tension between business leaders seeking competitive advantage, and IT leaders wanting to limit risks.

Retail 617

Retail Loss Advantage Advantage 617

CIO

JANUARY 9, 2023

Imagine a factory or a chain of retailers reducing energy and cutting equipment downtime. They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] These scenarios are not imaginary.

Retail 793

Retail Innovation Gaming Win 793

Smart Data Collective

MAY 13, 2022

With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. Business insight and data analytics landscape. Artificial intelligence and allied technologies make business insight tools and data analytics software more efficient. AI and machine learning.

Business 338

Business Predictive Analytics Business Intelligence Analysis 338

CIO

OCTOBER 19, 2023

The multinational retail company positions itself as a “people-led, tech-powered” one, and sitting squarely at that intersection is generative AI, the power of which most leaders believe is fully realized when the strengths of people and technology are combined. million associates around the globe.

Retail 856

Retail Innovation Knowledge Research 856

CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. According to Vaquero, this presented a tremendous advantage, but, at the same time, makes him and his team confront challenges that could disrupt efficiencies.

Advantage 803

Advantage Advantage Retail Innovation 803

CIO

FEBRUARY 5, 2024

How did these changes help improve your business performance last year? Over the last fiscal year, these efforts have yielded notable improvements in business performance, with increased customer satisfaction, more efficient processes, and higher overall productivity.

Banking 747

Banking IT Innovation Benchmarking 747

CIO

OCTOBER 4, 2023

Reasons for this limitation include data sovereignty and residency requirements, the need to support ultra-low latency workloads, and concerns about losing control over mission-critical use cases, such as production assembly lines or retail point-of-sale systems.

Retail 781

Retail Market Intelligence Advantage Advantage 781

CIO

MARCH 27, 2024

The quantum technologies team at HSBC works with different business lines and functions to explore and test real world use cases including portfolio optimization, quantum machine learning, and financial simulation. “The types of models we run in the bank every day are closely matched to the types of models a quantum computer can consume.”

Algorithm 877

Algorithm Banking Retail Globalization 877

CIO

MARCH 29, 2024

The Detroit-headquartered retail mortgage lender has been deploying machine learning and AI for more than a decade and is among the few pioneers that have released generative AI capabilities into the marketplace. The company now has several business processes fully automated with homegrown code and AI.

Knowledge 837

Knowledge Technology Technology Retail 837

CIO

MARCH 21, 2024

Sophisticated, effective, efficient, and environmentally friendly: this description of the advantages of 5G technology is what sparked the mind of Ismail, Director General of Post and Information Resources and Devices, Ministry of Communications and Informatics of Indonesia, during the inauguration of the 5G warehouse in West Cikarang, West Java.

IT 662

IT Commerce Globalization Retail 662

CIO

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI.

Key Performance Metrics 780

Key Performance Metrics Win Advantage Advantage 780

CIO

DECEMBER 13, 2023

Axel Johnson International is an industrial group within Axel Johnson, which also owns Swedish food retailer Axfood and Dustin, the online IT partner in the Nordics and Benelux, among others. Giving benefits Being able to centrally create these types of resources and roll them out gives a big competitive advantage.

IT 651

IT Advantage Advantage Security 651

CIO

SEPTEMBER 12, 2023

This combination promises to deliver newfound capabilities and next-level competitive advantages. For example, real-time analytics are used in retail stores to enhance in-the-moment customer experiences. Private 5G provides advantages over Wi-Fi from a mobility and coverage perspective.

Briefing 662

Briefing Advantage Advantage Security 662

CIO

MAY 15, 2023

When leaders consider how technology has enabled the transformation of business models over the past several years, few would disagree that the world has changed dramatically. Retail, entertainment, music, and banking have largely moved online. They’re in the software business, and they compete on user experience.

Innovation 693

Innovation Win Restaurants Entertainment 693

CIO

DECEMBER 19, 2023

When making decisions about network access, businesses need to be aware of and assess the security implications associated with network technology to help keep their digital assets protected. Hackers take advantage of out-of-date systems, software, and known security issues.

Security 617

Security Security Sports Travel 617

Smart Data Collective

FEBRUARY 14, 2023

Data analytics technology has played a huge role in the future of small businesses. One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. It will be a boon for their business , but they must have an actionable strategy. Of course, this statistic predates the pandemic.

Commerce 294

Commerce Retail Advantage Advantage 294

CIO

AUGUST 1, 2022

That 50-square-meter workshop in Gaziantep has grown into an international retail business, FLO. Today, FLO is the largest footwear retailer in Turkey. Product returns are still part of the business. You leave happy with your replacement and with Ahmet’s service. Fast forward to the 21 st century. Ensuring happy returns.

Sports 616

Sports Retail Innovation Win 616

CIO

JUNE 16, 2023

It has also increased top-line revenue by enabling MoneyGram to execute far more transactions in the 200 nations it serves — exceeding the volume of business its infrastructure could handle in the past, says CTO Joe Vaughan. “We Bolstering business, building opportunities But it’s not just about digitizing money transfers.

Retail 617

Retail Innovation Globalization Banking 617

CIO

DECEMBER 20, 2023

THE BOOM OF GENERATIVE AI Digital transformation is the bleeding edge of business resilience. Albeit emerging recently, the potential applications of GenAI for businesses are significant and wide-ranging. Businesses are rapidly implementing AI-driven tools into their daily workflows to save valuable time.

Alliance 804

Alliance Knowledge Research Banking 804

CIO

SEPTEMBER 12, 2022

“All consumers say that having the ability to pay how they want is the most important feature retailers offer.”. Clearly, merchants have a strong business incentive to provide customers with a full range of payment methods. Merchants that provide this omnichannel shopping and payment experience will gain a competitive advantage.

Profiling 617

Profiling Entertainment Retail Banking 617

CIO

MARCH 24, 2023

We have a lineup of exciting projects, including creating a virtual bank for retail transactions and a non-fungible token marketplace using blockchain,” Singhal says. “We TCS has a successful history of helping businesses grow and transform through technology and make a meaningful difference. Financial Services Industry

Banking 369

Banking Retail Knowledge Security 369

CIO

OCTOBER 9, 2022

By applying design thinking methodology to the core metaverse capabilities (that is, thoroughly assessing their desirability, feasibility, and viability in relation to your business), you will quickly be able to identify potential use cases for both the short and long term. Some are well on their way.

Retail 890

Retail Innovation Advantage Advantage 890

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing.

Commerce 340

Commerce Marketing Marketing Business 340

CIO

MAY 24, 2023

And the main ingredient was and has continued to be its innovative business practices and services for the betterment of its customers, suppliers (or vendors), and operation. became the owner of his first drugstore in 1901, there were about 1,500 drugstores in and around Chicago where he lived—all doing business in a similar manner.

Alliance 369

Alliance Retail Innovation Advantage 369

CIO

MARCH 8, 2023

Here, there is a synergistic need between what is happening at the edge and the processing power required in real time to facilitate your business objectives.” The HPE GreenLake Advantage Given the importance of the edge in the data modernization strategy, HPE seeks to remove any uncertainty regarding where to deploy applications and data.

Hospitals 643

Hospitals Retail Banking Security 643

CIO

APRIL 11, 2024

In the world of hyperscale cloud computing, data is king and the provider that lands and keeps a customers’ most critical business data has an advantage in selling its other services.” The platform provides support for custom development, cloud infrastructure for hosting, as well as unique cloud business applications.”

IT 781

IT Innovation Knowledge Research 781

CIO

FEBRUARY 7, 2023

These are identified as key areas where technology can drive business growth and increase customer satisfaction in the process. Where winning companies deviate from the norm is that they look for opportunities to attract and retain customers by making experience and service a signature competitive advantage. There’s much to be done.

Research 725

Research Advantage Advantage Retail 725

Alpha Sense BI

JUNE 22, 2023

Projected revenue value for retail media is forecasted to exceed television revenue by 2028. Already, major companies are pouring capital into how they can take advantage of this new practice. Amazon, the pioneer in retail media, disclosed $11.6 What is Retail Media? billion in its fiscal year-end this past January.

Retail 52

Retail Marketing Marketing Commerce 52

CIO

JANUARY 12, 2023

There were challenges getting the different business team partners to agree on where automation could be applied and where they had to have manual controls in place,” he says. And there were many things that could’ve derailed the project that had less to do with technology and more with business processes, change management, and controls.

Algorithm 909

Algorithm Retail Technology Technology 909

CIO

SEPTEMBER 11, 2023

in business administration and wrote his dissertation on digital acuity and intelligence in “incumbent companies.” Hussman, which manufactures and services commercial refrigeration equipment for food retailers globally, is a 117-year-old company. While it won’t displace physical things, it can disrupt the customer value proposition.

Education 847

Education Win Retail Technology 847

CIO

AUGUST 5, 2022

Here, there is a synergistic need between what is happening at the edge and the processing power required in real time to facilitate your business objectives.”. The HPE GreenLake Advantage. This can be applied across any industry — such as retail, banking, manufacturing, or healthcare — and regardless of where the workload resides.

IT 617

IT Hospitals Retail Banking 617

CIO

JANUARY 19, 2023

By Ravi Balwada, CTO of Guitar Center In retail, we don’t have the luxury of thinking about security as an afterthought. Also thanks to modern cybersecurity , new use cases have become available in retail that were never possible before. In a previous incarnation of our business it was: “What do you need? Let me ring you up.”

Retail 325

Retail Brainstorming Security Security 325