Tag: Retail

Feed: Planet big data. Author: Katrine Spirina. 23 July 2019Author Katrine SpirinaBusiness intelligence (BI) is a set of strategies and tools that companies can employ to handle the analysis of business data. The tools and solutions, especially custom-made ones, facilitate the work of experts in monitoring KPIs of business, analyzing fast-changing market realities and factors impacting performance. Business intelligence solutions are a trend that is here to empower business owners to make decisions based on rich data, not their gut instinct.AI Increases Analytics Literacy and Impacts Decision MakingCompanies effectively use BI apps to thrive and maintain leading positions against competitors ... Read More

Feed: All Oracle Press Releases. Bealls, Inc., the company behind more than 500 stores has turned to the Oracle Retail Cloud to digitally transform its operations and drive agility. With new inventory arriving weekly, Bealls recognized the need to modernize processes and gain new management efficiencies of their extensive inventory spanning casual lifestyle, apparel and home merchandise. After a successful implementation of Oracle Human Capital Management (HMC) Cloud and Oracle Enterprise Resource Planning (ERP) Cloud, Bealls continues to modernize its technology infrastructure with Oracle Retail Merchandise Operations, Oracle Retail Home, and Oracle Retail Insights Cloud Service. “Retail is a dynamic ... Read More

Feed: Featured Blog Posts - BigDataNews. Author: Sandra K. Stock trading has one of the most complex and complicated dynamics in the present day world. In today’s time, multiple algorithms and researches have been produced to understand the complexity of the stocks trading. There is an increasing effort to understand the system dynamics of stock trading to predict the emergent behavior of the stock prices. In order to predict stock prices adequately, one needs to have access to historical data of the stock prices. Mostly, you will be focussed towards one stock and it’s a predicted value. In order to ... Read More

Feed: Microsoft Azure Blog. Author: Sudhakar Sannakkayala. Bank-grade security, super-fast transactions, and analytics  If you live in Asia or have ever traveled there, you’ve probably witnessed the dramatic impact that mobile technology has had on all aspects of day to day life. In Hong Kong in particular, most consumers now use a smart phone daily, presenting new opportunities for organizations to deliver content and services directly to their mobile devices. As one of the world’s largest international banks, HSBC is building new services on the cloud to enable them to organize their data more efficiently, analyze it to understand their ... Read More

Feed: Planet big data. Author: Michelle Beeson. Is it just us, or is the conversation about retail social and environmental impact getting louder? My colleague Luis and I are certainly hearing a lot more about it. These are not new topics, of course, but there is a renewed fervor and tone: from documentaries on plastic in the ocean and calls from celebrity environmentalists (such as the UK’s beloved natural historian David Attenborough) to younger generations taking to social media and petitioning for change. Should retailers and brands take note? YES! (and not just out of a sense of moral obligation) ... Read More

Feed: All Oracle Press Releases. Oracle was recently named a Leader in the IDC MarketScape: Worldwide Retail Price Optimization Applications 2019 Vendor Assessment.1 The list includes price optimization vendors focused on the B2C business model based on their client base, use of advanced analytics, machine learning and artificial intelligence (AI), and prominence on enterprise retailers’ buying shortlist. Oracle Retail’s placement as a leader underscores its continued investment in analytics, optimization, and data sciences. With these offerings, retailers gain an unprecedented line of sight into the future performance of their assortments and the impact every promotional offer will have on the ... Read More

Feed: Blog – Hazelcast. Author: Dan Ortega. Stream processing refers to real-time management of data entering a banking system (or any information system, actually) at high speed and volume, usually from a broad range of sources. The “management” aspect means data is wholly or partially processed and contextualized before entering an in-memory (operational) system, where pre-processing can significantly accelerate response times. Before in-memory technologies, transactional data was managed as a batch process and analyzed every hour, once a day, etc., depending on the data involved, the bank’s policies for handling data, regulatory and compliance requirements, and so on. While having ... Read More

Feed: Blog Post – Corporate – DataStax. Author: Chelsea Navo, Vanguard Lead, Presales Architecture. Retail may not be the first thing that comes to mind when you think about technological innovation, but think about how much eCommerce has transformed the way we buy things just over the last five years, much of it thanks to the use of powerful databases.  We now have a seemingly infinite amount of choice with thousands of online retailers and a mind-blowing array of options just a click away. As such, it comes as no surprise that eCommerce sales grew 15% in 2018 and the ... Read More

Feed: Actian. Author: Sampa Choudhuri. During the past few years, IoT devices have evolved from being a consumer novelty to a core part of next-generation IT ecosystems for businesses of all sizes. IoT devices (such as smart watches, fitbits, home sensors, RFID point of sale scanners, heartbeat monitors, etc) have become attractive and useful because of their inexpensive price point, ease of setup/administration and their diverse capabilities. IoT devices are everywhere and used in a variety of industries and use cases.Now that business users are experiencing the value of IoT devices in their personal lives, they are understandably asking for ... Read More

Feed: Microsoft Azure Blog. Author: Bert Van Hoof. The pace of change has never been as fast as it is now. Globally, the population is becoming more urban and income levels are rising. By 2050, nearly 70 percent of the global population will live in cities or urban areas—that’s six billion people. Consumer behavior has also materially changed over the last decade, and omnichannel retail, personalization, and demand for same day deliveries are growing. To cater to the changing landscape, urban distribution centers that stage products closer to users within large cities are on the rise to enable faster delivery ... Read More