CIO

JULY 20, 2023

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 461

Retail Technology Technology Algorithm 461

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 467

Retail Loss Sales Algorithm 467

Intelligence Node

MAY 28, 2024

Today’s digital retail landscape is increasingly competitive, and the ability to predict and proactively respond to market changes has become the need of the hour. The post Driving Retail Innovation with AI-Powered Predictive Pricing appeared first on Blog. Traditional pricing strategies, which are.

Retail 104

Retail Innovation Competitive Marketing 104

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

Retail 244

Retail Data Analysis Analysis Travel 244

Intelligence Node

JANUARY 12, 2024

As of 2023, the revenue of the US Alcoholic Beverages market amounts to US$283.80 The segment already comprises a massive portion of the overall $331 billion US beverage market. The post Evolving Retail Tech Strategies in the US Alcoholic Beverages Market appeared first on Blog.

Retail 104

Retail Marketing Marketing 104

CIO

SEPTEMBER 6, 2022

Its constituent companies later moved into high-street retail, launched new mail-order brands selling clothing on credit, and even created a consumer financial data broker, later spun off like so many of the group’s other non-core activities. We’ve done it in our financial services area, and some of our marketing area.

Retail 548

Retail IT Commerce Technology 548

CIO

JANUARY 25, 2024

trillion by 2032, according to a Bloomberg Intelligence analysis. 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. billion, according to Verified Market Research.

Banking 642

Banking Retail Market Research Marketing Research 642

CIO

MAY 23, 2024

By 2028, 85% of enterprises using intelligent applications will have evolved to run as autonomous organizations, redefining the technology resource usage within the business.” Some ERP vendors focus on the SMB market; others are built to accommodate the requirements of the largest, global enterprises.

Finance 719

Finance Retail Innovation Advantage 719

CIO

APRIL 17, 2024

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 759

Biotech Banking Retail Innovation 759

CIO

NOVEMBER 20, 2023

Now they’re eyeing a next-phase opportunity—relying on machine intelligence to handle complex decisions. “If Chatbot conversations and decisions By some estimates, intelligent chatbots can already answer 80% of routine customer questions. Artificial Intelligence Here’s a look at a few areas where it’s gaining influence.

Airline 811

Airline Retail Knowledge Finance 811

Alpha Sense BI

MAY 2, 2024

The consumer and retail (C&R) industry is evolving rapidly due to a combination of new innovations and technologies, shifts in consumer preferences and behaviors, and macroeconomic events hindering sector growth. To stay competitive in the current economic climate , companies need to conduct comprehensive and efficient market research.

Market Research 52

Market Research Marketing Research Retail Research 52

CIO

FEBRUARY 10, 2023

Predictive analytics has captured the support of wide range of organizations, with a global market size of $12.49 The report projects the market will reach $38 billion by 2028, growing at a compound annual growth rate (CAGR) of about 20.4% Forecast financial market trends. from 2022 to 2028.

Predictive Analytics 895

Predictive Analytics Hospitals Pharmaceutical Algorithm 895

Intelligence Node

JULY 20, 2023

Market Comparison Between Two Premier Retail Giants In the original report, Intelligence Node compared two of the largest departmental stores in the US- Macy’s & Kohl’s. Both these retailers have. The post An In-Depth Data Analysis of Macy’s and Kohl’s Retail Competitiveness appeared first on Blog.

Retail 104

Retail Data Analysis Analysis Competitive 104

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 849

Retail Gaming Win Technology 849

Smart Data Collective

JANUARY 14, 2022

The market for analytics technology in the banking sector is projected to be worth over $5.4 Rapid, wide-scale digitization has taken over many important areas of modern life, as evidenced by the rise and continual flourishing of the internet, artificial intelligence, and mobile devices. billion by 2026.

Banking 263

Banking Retail Finance Security 263

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. In omnichannel marketing, AI personalizes and optimizes the customer experience across multiple channels.

Commerce 299

Commerce Marketing Marketing Retail 299

ArchIntel

JANUARY 19, 2021

“The global market for Retail Automation estimated at US$12.2 ” — Research and Markets. Conducting open-source intelligence research, a key strategy that uses the internet to gather publicly available information, has been prevalent in the intelligence world. ArchIntel™ -.

Retail 104

Retail Security Security Intelligence 104

Smart Data Collective

JULY 23, 2021

BusinessInsider estimates that the chatbot market size will grow to $9.4 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. Final thoughts.

Retail 330

Retail Sales Algorithm Gaming 330

CIO

MAY 16, 2023

SAP is also looking to improve its customer experience tools in other ways, providing industry-specific accelerators to help some enterprises roll the software out faster, and helping online retailers reduce waste by offering tools to support the resale of refurbished or returned products.

Commerce 625

Commerce Retail Sales Technology 625

Alpha Sense BI

AUGUST 21, 2023

Market volatility, economic uncertainty, downturn—whatever you’d like to call it, the next few QoQs are undoubtedly uncertain in the eyes of C-Suite executives. Today, opportunities are short lived for business professionals, emphasizing the importance of making decisions quickly.

Market Intelligence 98

Market Intelligence Intelligence Intelligence Marketing 98

CIO

AUGUST 18, 2022

Traditionally, organizations have maintained two systems as part of their data strategies: a system of record on which to run their business and a system of insight such as a data warehouse from which to gather business intelligence (BI). The lakehouse will also help with fraud prevention. The lakehouse as best practice.

Pharmaceutical 874

Pharmaceutical Retail Predictive Analytics Startups 874

Intelligence Node

JUNE 28, 2022

The ongoing Russia-Ukrain war, supply chain issues, surging demand, rising production costs, and the disruption caused by COVID-19 have all contributed to the inflation that has hit the US market. The post 7 Ways to Drive Retail Growth as Inflation Peaks in the US appeared first on Blog.

Retail 189

Retail Marketing Marketing 189

Smart Data Collective

JANUARY 10, 2023

IoT solutions as well as Business Intelligence tools are widely used by companies all over the world to improve their processes. For example, retail shops and supermarkets may need to analyze the stock of products, buyers’ preferences, and their behavior. Business intelligence tools can help you with this task. Prepare a plan.

Business Intelligence 275

Business Intelligence Intelligence Intelligence Business 275

CIO

MAY 16, 2024

Process orchestration company Camunda has announced new artificial intelligence (AI) capabilities it plans to add to its business orchestration platform later this year. An example used by Camunda is ordering a product to pick up in person from a large online retailer.

Retail 637

Retail Innovation Knowledge Technology 637

CIO

FEBRUARY 15, 2024

TPM and TPO are key disciplines in the CPG space that involve managing and optimizing all promotional activities conducted with retailers, from discounts to deductions and payments. In the past, Nilles notes that creating a campaign with retailers around a product could take months to hammer out details, like the proper discounts to offer.

Value Chain 845

Value Chain Sports Retail Innovation 845

CIO

MAY 27, 2024

When building such a strategy for a business, I encourage tech leaders to first examine their competitive landscape, and then ask what the drivers of change are in their markets, and what dynamics are influencing the environment in which they compete. There are numerous examples of this in action.

Advantage 608

Advantage Advantage Competitive Landscape IT 608

Smart Data Collective

NOVEMBER 20, 2022

One of the most significant benefits of leveraging analytics in manufacturing is with marketing optimization and automation. An outsourced organization that handles specific marketing tasks of other companies is called a manufacturing marketing agency. Artificial intelligence is also a big challenge to compete with. ?

Marketing 335

Marketing Marketing Win Research 335

Intelligence Node

JULY 13, 2023

Exploring Market Growth, Consumer Attitudes, and Tech Trends Shaping the Retail Pharmaceutical Industry The retail pharmacy industry faced immense challenges and exhaustion during the COVID-19 pandemic as it grappled with.

Retail 104

Retail Pharmaceutical Marketing Marketing 104

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

Engage3

FEBRUARY 1, 2024

” Powering Audio Retail Media Network Channels with Localized Pricing and Product Insights. With the explosive growth of Retail Media Networks, retailers and brands are increasingly looking for technology that drives an impact, is measurable, and doesn’t cannibalize existing revenue opportunities.

Retail 52

Retail Innovation Technology Technology 52

CIO

AUGUST 1, 2023

Industry verticals, including financial services, retail, professional services, and healthcare were also using generative AI but trailed behind the technology sector, according to the report. The findings also showed that the most commonly reported uses of generative AI are in marketing, sales, product development, and service operations.

Pharmaceutical 557

Pharmaceutical Banking Retail Education 557

mention

MAY 17, 2023

The affiliate marketing spend in the US was up to $8.2 With this trend in mind, it’s safe to say that affiliate marketing isn’t going anywhere. But becoming an affiliate marketer takes more than merely knowing what the term means. For one, you must choose the right platform for affiliate marketing. billion in 2017.

Marketing 273

Marketing Marketing Travel Commerce 273

CIO

FEBRUARY 29, 2024

The tool enables businesses to extract intelligence from across a diversity of different data sources using large language models (LLMs – a type of generative AI capable of producing human-like text). This is an ambitious target given that just 7% currently use AI on an hourly basis to inform their real-time operations.

Value Chain 681

Value Chain Retail Gaming Innovation 681

CIO

MAY 2, 2023

ERP software provider SAP on Tuesday said it is partnering with IBM to infuse the latter’s Watson artificial intelligence (AI) engine across its entire solutions portfolio, including SAP S/4 HANA, S/4 HANA Cloud, SAP Business One, and SAP Business ByDesign. Artificial Intelligence, IBM, SAP

IT 718

IT Retail Research Intelligence 718

Smart Data Collective

MAY 10, 2022

Artificial intelligence (AI) is all the rage now. According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 What is artificial intelligence? How do fintech companies apply artificial intelligence? billion in 2020. They include; Credit risk assessment.

Technology 273

Technology Technology Marketing Marketing 273

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 759

Retail Market Intelligence Advantage Advantage 759

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