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Retail

Four Industries That Will Be Disrupted by AI in 2021

With the never-ending potential of technology to disrupt everyday processes, more and more industries are deciding to adapt to one exciting area of innovation today: artificial intelligence (AI). In fact, Global Industry Analysts Inc. predicts that AI will be worth 164.03 billion GBP by 2026, and here, we look at four industries set to be disrupted by AI. Since the healthcare sector collects and greatly depends on personal data from their patients, AI will play a crucial role in data management.

Five worthy reads: Location intelligence-the key to next-level data utilization

Five worthy reads is a regular column on five noteworthy items we’ve discovered while researching trending and timeless topics. This week we explore the rising scope of location intelligence in improving the overall customer experience.

What is Power BI for Retail Industry?

Power BI (Business Intelligence) is a business analytics platform/service provided by Microsoft. This service aims to provide interactive visualizations and business intelligence, enabling the end-user to create individualized reports and dashboards independently. Especially for retail businesses, Power BI helps them meet the dynamic customer demands in advance with actionable insights. Microsoft Power BI service is based on cloud service, which also offers a desktop-based interface.

Predictive Analytics Use Cases In The Retail Industry

In an expanded and commercial industry space new and innovative opportunities are presented to retail organizations from several novel sources of data, log files, and from transaction information to sensor data to achieve unmatched value and combative advantage in their respective fields. In order to attain customer satisfaction and to flourish their business, people across the organization must be empowered, so that swift and accurate decisions can be attained.

How Mixed Reality Transform Retail Store Experience?

Digital transformation is driving industries to evolve to new dimensions. Mixed reality is one of the key components in the digital reality trends that business sectors a rapidly capitalizing into. It is reshaping almost every conventional way that retailers do business. Many industrial trajectories are responding immediately to give more experiential customer experience with reality technologies such as Augmented Reality, Virtual Reality and Mixed Reality.

6 Ways Retailers Can Maximise Value With Creative Engineers

“Engineering” and “creativity” aren’t often considered synonymous. However, in today’s world, where the online experience is at the forefront of virtually all business transactions and experiences, the creative engineer is finally getting the recognition they deserve. These individuals are quite literally building the virtual world we live in.

Leaving 2020 Behind, What's the Role of Retail Stores in the Data Age?

From store shutdown to temporary closure and limited occupancy for non-essential retail businesses, 2020 was filled with many disappointments. America’s stores were in rough shape even before the pandemic, but COVID-19 has significantly compounded the challenging retail landscape, leaving behind businesses that could not adapt to the abrupt change in the operating environment.

Retail 2020: The Digital Groundswell

OpsRamp customer BJ’s Wholesale Club is enhancing and reshaping how its customers buy essential goods during a year like no other. When it comes to consumer goods, the year 2020 has been all about essentials. Consumers have stocked up on groceries and household supplies such as toilet paper and cleaning products, fitness wear for working comfortably from home and of course electronics, to stay connected.