Remove Advantage Remove Competitive Remove Retail Remove Technology
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To gain advantage, IT leaders should turn competitors into collaborators

CIO

Business leaders 10 years ago mostly focused on automation since the main objective of technology investment then was to drive down costs, decrease risk, and boost efficiency. Of course, technology should still boost cost efficiencies, but it also needs to drive revenue at the same time. It’s a different world today.

Advantage 615
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3 ways Generative AI is transforming the retail industry

CIO

Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. How can Generative AI speed innovation in retail?

Retail 526
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How CIOs Can Transform Data From a Cost to an Advantage

CIO

The CIO has a real ability to achieve a competitive advantage for its business through data. For the CIO to be successful with this, there needs to be a comprehensive strategy that extends far beyond simply deploying new technologies. The four steps to data advantage. The retail industry is a prime example.

Advantage 578
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Physical experience, digital convenience: The future of retail

CIO

The future of retail is “phygital,” as every retail and ecommerce publication on the internet is screaming right now. If you’ve never heard the term before, it’s a portmanteau of “physical” and “digital” – and represents the merging of the two forms of retail and shopping. How do they do that? With data of course. Can AI help?

Retail 412
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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. Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Top technologies helping organisations accomplish business goals. Source: Statista.

Retail 315
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

Biotech 698
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CDOs’ biggest problem? Getting colleagues to understand their role

CIO

In many cases, CDOs focus on business objectives, but in other cases, they have equal business and technology remits, according to the authors. This notion that the data is within their power to mine it for business advantage is different. It’s a new way of thinking.” Company data can drive its go-to-market strategy, she adds.

Advantage 741