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9 Ways Location Data Can Help You Excel in Retail

Smart Data Collective

Consumers today want retailers they do dealings with, to provide them with simplified and personalized services. One of the secrets to attracting and retaining customers is to become more data-centric. The retail industry is expanding all the time. The retail industry is expanding all the time.

Retail 259
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Transactional Data: The Future of Real-Time Data In-Store

Dataversity

As a fintech founder, I have been particularly fascinated by consumer retail trends appearing from transactional data that could rapidly improve user experience and targeted marketing in-store. The post Transactional Data: The Future of Real-Time Data In-Store appeared first on DATAVERSITY.

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ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

ERP Integration is the Newest Trend in E-Commerce for Data-Driven Distribution Businesses. Doxee has a great article on some of the profound benefits of big data in retail distribution. “ Until the past several years, the eCommerce boom was concentrated almost entirely in the retail market.

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

To ensure their customers have a satisfactory experience, financial businesses will use big data analytics to tweak their services across various platforms to suit a customer’s needs. They will also use historical and real-time data to identify possible customer challenges. Better UI/UX based on A/B testing.

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The Power of Big Data and Analytics in Digital Signage

Smart Data Collective

These displays are changing dynamically, reflecting real-time data. But what if, instead of just spitting out updates, these screens were capturing data as well—evaluating how many people walked by, how many engaged with the screen, what choices they made, and so on? Retail is another classic example.

Big Data 298
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How Will The Cloud Impact Data Warehousing Technologies?

Smart Data Collective

In fact, studies by the Gigabit Magazine depict that the amount of data generated in 2020 will be over 25 times greater than it was 10 years ago. Furthermore, it has been estimated that by 2025, the cumulative data generated will triple to reach nearly 175 zettabytes.

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How real-time data can drive ROI in the retail industry

Domo

My first proper job was in electricity distribution, where real-time data was typically applied to control systems that needed to respond within milliseconds (i.e. real-time”) in order to avoid killing someone, often including me.