CIO

MAY 2, 2023

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 508

Retail Innovation Advantage Advantage 508

CIO

MARCH 24, 2023

All this while retailers are still dealing with pandemic-related disruptions to supply chains and consumer shopping habits. To win back consumers and protect profit margins, retailers need to optimize operations across the enterprise. Delays in getting data is one of the biggest challenges retailers currently face.”

Retail 465

Retail Innovation Value Chain Win 465

CIO

JUNE 23, 2023

With more than two decades of experience working in global consumer and retail companies, Piyush Chowhan is passionate for transforming businesses by leveraging technology. Chowhan: I’m a retail and consumer technology evangelist who loves to enable enterprise transformation. Digital Transformation, Retail Industry

Retail 325

Retail Algorithm Globalization Technology 325

CIO

APRIL 20, 2023

Retail organizations face an urgent need to accelerate digital transformation efforts in response to economic insecurity, persistent inflation, and growing consumer price sensitivity. With cloud adoption, retailers have been successful and with emerging artificial intelligence (AI) capabilities on cloud, they can break the barriers.

Retail 467

Retail Intelligence Intelligence Value Chain 467

CIO

APRIL 19, 2023

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS.

Retail 504

Retail Value Chain Hospitals Security 504

CIO

MARCH 20, 2023

The acquisition of Topgolf, I would say, is the final move to get into the digital space as a brand,” says Fabio Casanova, IT global solution advisor and retail solution architect at Topgolf Callaway. To do that, Callaway is working closely with partners GK Software, a specialist in cloud services for retail, and SAP.

Globalization 467

Globalization Retail Data Mining Finance 467

CIO

JANUARY 12, 2023

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. The workflows are built on Nvidia’s existing AI technology platform. The first non-Amazon supermarket to use the company’s technology opened in Kansas City in December.

Retail 460

Retail Loss Sales Algorithm 460

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.

Retail 279

Retail Management Predictive Analytics Sales 279

CIO

APRIL 4, 2024

In terms of competitive positioning, Microsoft and Google posted strong year-on-year growth, with Microsoft increasing its global market share by nearly two percentage points from the previous year’s fourth quarter, according to a report by Synergy. Google also saw an increase in its market share.

Retail 622

Retail Competitive Positioning Globalization Competitive 622

CIO

MAY 16, 2023

Behind the scenes at one of South America’s largest retail conglomerates, human resources (HR) professionals manage the movement of tens of thousands of employees. With annual sales in the billions, the retail giant prides itself on delivering superior shopping experiences to customers. The system upgrade corrected this problem.

Retail 325

Retail Learning Human Resources IT 325

Smart Data Collective

NOVEMBER 17, 2021

AI has become incredibly important for the retail sector. This is partly because the industry must take measures to avoid collapsing in the wake of new competition from online retailers. It is believed that the retail sector will irreversibly decline in the future. Major AI Trends in Retail. In the U.K., In the U.K.,

Retail 319

Retail Intelligence Intelligence Commerce 319

Intelligence Node

FEBRUARY 13, 2024

Delivering Unparalleled Digital Shelf Optimization Intelligence Node, a global leader in retail analytics, recently announced it is expanding its work to support retailer clients and third-party (3P) sellers, starting with. The post Intelligence Node Expands to Serve Marketplace Retail Clients appeared first on Blog.

Retail 104

Retail Intelligence Intelligence Globalization 104

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.

Retail 304

Retail Technology Technology Predictive Analytics 304

CIO

JANUARY 25, 2024

Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. Retail: a more human-like shopping experience Juniper Research projects that customers will be spending $72 billion using retail chatbots by 2028.

Banking 574

Banking Retail Market Research Marketing Research 574

CIO

MARCH 27, 2024

The impact will be felt globally. Jeff Wong, global chief innovation officer at EY, says even if they’re not yet required to make a change, CIOs can already start planning NIST-approved algorithms into their cybersecurity upgrades. Many public and private organizations use these standards and require their partners to do the same.

Algorithm 819

Algorithm Banking Retail Globalization 819

CIO

DECEMBER 6, 2023

Retailers are pushing their customer service and supply chain systems to new limits in anticipation of record spending this holiday season. Just a year after the release of ChatGPT, gen AI is generating value in many different industries, including retail. Faster resolution times can save retailers time and costs.

Retail 552

Retail Benchmarking Commerce Globalization 552

CIO

OCTOBER 16, 2023

Small and Medium Enterprises (SMEs) aren’t just businesses; they’re the pillars that uphold the global economy, accounting for 50% of global GDP and 70% of jobs. It can be integrated into a diverse range of environments, from retail to hospitals to luxury hotels.

Business 795

Business Sales Enablement Hospitals Retail 795

CIO

NOVEMBER 22, 2022

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year.

Retail 766

Retail Gaming Win Technology 766

CIO

MARCH 21, 2024

In a rapidly evolving global landscape, Indonesia acknowledges the crucial role of the digital economy in driving sustainable development and promoting inclusive growth. Given Indonesia’s promising demographics and the substantial expansion of both retail and eCommerce industries, the logistics sector is expected to continue its rapid growth.

IT 654

IT Commerce Globalization Retail 654

Smart Data Collective

JUNE 11, 2021

With so many consumers around the world using money transfer services, the global digital remittance market has experienced unprecedented rates of growth over the last few years. With this new rate of accelerated growth, Western Union fully expects to maintain a stronghold on the global digital remittance market far beyond 2021.

Globalization 232

Globalization Marketing Marketing Banking 232

Intelligence Node

JULY 4, 2023

Find Out Why An Improved Share of Search Can Lead to Higher Conversions Introduction According to PwC’s February 2023 global survey, consumers’ concerns about inflation and the wider macroeconomic climate. The post 25 Reasons Why Top Retailers are Focusing on Search appeared first on Blog.

Retail 104

Retail Globalization 104

Intelligence Node

JANUARY 25, 2021

2020 was a whirlwind of a year not just for the global population, but for businesses too. The post Preparing for 2021: Retail Trends & Shopper Expectations to Watch Out For appeared first on Blog. The eCommerce landscape saw a major change, the likes of which were never seen before.

Retail 196

Retail Commerce Globalization Business 196

CIO

FEBRUARY 15, 2024

To achieve its vision, Henkel laid down a five-year strategic roadmap that involved reshuffling the IT organization, creating a new digital unit, consolidating CIO and CDO venture activities under one roof, and building global innovation centers in hubs like Berlin, Shanghai, Bangalore, and the US.

Value Chain 774

Value Chain Sports Retail Innovation 774

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. Digital Transformation, Generative AI, IT Strategy, Retail Industry

Retail 771

Retail Innovation Knowledge Technology 771

CIO

JANUARY 9, 2023

Imagine a factory or a chain of retailers reducing energy and cutting equipment downtime. Already deployed in commercial kitchens and retail chains, on factory floors and at amusement parks, the solution has shown the following benefits. These scenarios are not imaginary. Already, Atos customers have reported positive experiences.

Retail 752

Retail Innovation Gaming Win 752

Alpha Sense BI

FEBRUARY 20, 2024

The consumer and retail (C&R) industry is a vast and dynamic space that, today, encompasses everything from e-commerce to brick-and-mortar stores and consumer goods (i.e., But what exactly is causing this pandemonium in the consumer and retail industry ? staples, discretionary, etc.).

Retail 59

Retail Algorithm Due Diligence Commerce 59

CIO

APRIL 11, 2023

We spoke with Siddhartha Gupta, Global Head of Application Modernization on Azure at Tata Consultancy Services (TCS) , about this trend and what financial services organizations need to do to improve their capacity for agility and innovation. Learn more about how to build agile, cloud-native applications on the Microsoft Cloud.

Innovation 718

Innovation Banking Competitive Landscape Retail 718

CIO

MARCH 31, 2023

Over the last seven decades, global carbon emissions have increased almost eightfold. Meanwhile, For sustainable development, it is now widely agreed that we must achieve a shared global goal of cutting carbon emissions by 45% in the next 20 years from 2010 levels.   More than 100 companies worldwide have pledged 100% use of renewables.

Retail 325

Retail Loss Globalization Research 325

CIO

AUGUST 1, 2023

The report is based on an online survey conducted in April, which received responses from 1,684 participants globally across multiple industry sectors, company sizes, and functional specialties. Nearly 22% of the respondents said they are using generative AI for their work.

Pharmaceutical 474

Pharmaceutical Retail Banking Education 474

CIO

JUNE 16, 2023

The Dallas-based money transfer service provider continues to derive roughly half its annual revenue from traditional sources: international money transfers at retail storefronts and customers paying down payments for cars and rent by purchasing money orders. For example, in Mexico, the company’s market remains 95% cash pickup.

Retail 567

Retail Innovation Globalization Banking 567

Intelligence Node

JANUARY 1, 2022

2021 was a whirlwind of a year not just for the global population, but for businesses too. Retail businesses strove to bounce back after an unprecedented 2020 taken hostage by the COVID-19 pandemic, and while many succeeded, the ones who weren’t quick enough to pivot to a digital-first approach, went bankrupt.

Retail 104

Retail Globalization Business 104

Alpha Sense BI

MARCH 15, 2024

Like many other industries, the retail industry has gone through a significant transformation in recent years, largely driven by advances in technology and artificial intelligence (AI), as well as shifting customer preferences and behaviors. For the retail industry, consumers have always been a top priority.

Retail 52

Retail Technology Technology Commerce 52

CIO

JANUARY 18, 2024

Some of the use cases he sees gaining momentum include those where virtual reality is used to enhance employee training and support in-field maintenance, wearable devices that track and share health and environmental safety information, and retail and crowd analytics. Their new private 5G network completely eliminated that issue.”

Sports 628

Sports Retail Gaming Sales 628

CIO

DECEMBER 12, 2022

“This strategic partnership is a significant milestone on LSEG’s journey towards becoming the leading global financial markets infrastructure and data business, and will transform the experience for our customers,” said David Schwimmer, CEO of London Stock Exchange Group, in comments published alongside a Microsoft blog post announcing the news.

Travel 651

Travel Retail Globalization Research 651

Intelligence Node

SEPTEMBER 23, 2020

The year 2020 has been a rollercoaster ride for retailers, with the COVID-19 pandemic disrupting global businesses and pushing economies into recession, tit-for-tat tariffs, growing counterfeit market and the accelerated adoption of e-commerce shopping.

Retail 104

Retail Commerce Globalization Marketing 104

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. Interested in learning more?

Retail 688

Retail Market Intelligence Advantage Advantage 688

CIO

MARCH 31, 2023

Blackhawk Network is shaping the future of global branded payments — from QR code payment solutions and retail gift card programs to tailored incentives and reward programs. The Silicon Valley-based company has been expanding its global footprint through numerous creative acquisitions.

Retail 325

Retail Globalization Sales Marketing 325