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Advanced Data Analytics for the Smart Retailers

BizAcuity

The retail industry across the globe has been facing a rough patch for the past 24-36 months due to multiple disruptions- the pandemic, rising inflation, shortage of materials (like semiconductors), and stagnant demand for goods. The new wave of retail experience: the omnichannel boom.

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How C-Stores Can Optimize Both the Customer Experience and Data Security

Dataversity

Retailers, and convenience stores (c-stores) in particular, had […]. The post How C-Stores Can Optimize Both the Customer Experience and Data Security appeared first on DATAVERSITY.

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The Benefits of Making Computer Vision Investments as a Retailer

Dataversity

We live in a time when e-commerce giants like Amazon have raised the standards for customer experience. This has affected not only other online stores but traditional retailers as well. Offline stores are bound to become more reliant on data collection to provide their customers with a […].

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Benefits of AI-Driven Mobile App Development in E-Commerce

Smart Data Collective

Bhaval Patel of Space-O Technologies wrote a blog post about the growing importance of AI for mobile apps. In February, a study found that the market size for AI in the retail sector is going to be worth over $25 billion by 2028. AI has been invaluable for e-commerce brands. AI also helps e-commerce brands be more productive.

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How Data Can Help Retailers Win Customers

Domo

Over the past decade, as customers’ demands have changed, in-store sales have declined, and shareholder pressure has risen, many retailers have turned to data as a way to survive an increasingly cut-throat industry. For that reason, more retailers are attempting to treat data as a critical asset.

Retail 52
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How data-led retailers get their edge (part 2)

Clarasys

In this second blog of a series of two we will explore the next big four steps that will highlight how data-led retailers can retain their edge and build resilient organisations in uncertain times. In our first blog , we outlined the challenges and opportunities of being data-led, and the need for data literacy.

Retail 52
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How Infusing Insights from AI Is Evolving Retail

Sisense

According to analyst firm IDC, the industry that will spend the most on AI is retail. In fact, the global market size for AI in retail is expected to reach a massive $23.32 The COVID-19 pandemic proved that shopping behavior can change overnight, which has huge implications for retailers that lack the agility to turn on a dime.

Retail 52