IBM Big Data Hub

FEBRUARY 21, 2022

That retail has experienced extreme disruption in recent years is beyond questioning. Even before Covid turned the world on its head, headlines about the so-called “retail apocalypse” were near-ubiquitous in the media. Retail isn’t just big, it’s huge — the National Retail Federation expects sales to grow by as much as 13.5%

Retail 76

Retail Digital transformation Sales Marketing 76

Thales Cloud Protection & Licensing

DECEMBER 11, 2018

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. But it looks like my own personal data has been breached – again. But none of these reasons rose to the top in retail. Lack of perceived need” was the number one reason they didn’t deploy.

Retail 66

Retail Data breaches Encryption Mining 66

IBM Big Data Hub

FEBRUARY 15, 2024

The retail industry employs millions of people, and next-generation retail employees will be significantly impacted by the rise of generative AI. With generative AI, retailers can fine-tune inventory and adapt store layouts in real-time, improving navigation, product visibility and stock management.”

Customer Experience 60

Customer Experience Retail Risk IT 60

IBM Big Data Hub

OCTOBER 3, 2023

The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. For retail, the average data breach studied cost $2.96

Retail 79

Retail Data breaches Security Manufacturing 79

OpenText Information Management

JANUARY 15, 2018

The cell had worked out this was a trip … The post Putting AI-enhanced analytics at the heart of retail customer experience appeared first on OpenText Blogs. I hadn’t told it where we were going – there wasn’t an appointment on my calendar.

Customer Experience 72

Customer Experience Retail Analytics IT 72

Reltio

OCTOBER 9, 2022

Improve Your Company’s Big Data Management for Increased ROI. quintillion bytes of data is created on the internet every day. Even the data that matters to your business is usually unstructured and disorganized, with lots of duplicates and inaccuracies. What is Big Data? The Five Vs of Big Data.

Big data 52

Big data MDM Unstructured data Analytics 52

IBM Big Data Hub

JUNE 30, 2023

Today’s consumers want to know that retailers and brands are aligned with their values. So, while retailers can—and must—use technology as their differentiator, to win the lion’s share of consumer hearts, retail leaders must deliver on promises and purpose. Checking all these boxes is no small feat.

Retail 59

Retail Blockchain Customer Experience Sales 59

Security Affairs

JANUARY 17, 2022

High-severity flaws will be fixed in Airlines Data Model, Big Data Graph, Communications Data Model, Commerce, Food and Beverage Applications, E-Business Suite, GoldenGate, Health Sciences Applications, HealthCare Applications, Hospitality Applications, Hyperion, iLearning, JD Edwards, MySQL, Policy Automation, Retail Applications, REST Data Services, (..)

Communications 131

Communications Financial Services Big data Retail 131

Thales Cloud Protection & Licensing

OCTOBER 23, 2019

Digital transformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. Overall, 76% report that they will also use sensitive data within at least one of these cloud environments. Tools that reduce multi-cloud data security complexity are critical.

Retail 54

Retail Cloud Encryption Digital transformation 54

Bill Schmarzo - Dell EMC

FEBRUARY 14, 2018

Check out “ The New Normal: Big Data Business Model Disintermediation and Disruption ” for more details on business model disruption and customer disintermediation. eBay: One of the world’s most valuable retailer has no inventory. 80% of customers want a personalized experience from their retailer.

Artificial Intelligence 102

Artificial Intelligence Analytics Customer Experience Big data 102

Bill Schmarzo - Dell EMC

MARCH 29, 2018

Hadoop notably launched the open source Big Data market, laying the foundation for open source projects in IOT (Liota, Kafka, Nautilus, EdgeX Foundry), and machine learning and deep learning (TensorFlow, Apache Spark ML, Caffe, Torch). Let’s use the Value Chain technique to understand where and how to apply big data analytics.

Digital transformation 111

Digital transformation Big data Analytics Sales 111

CGI

MARCH 15, 2015

Staying connected with customers in the age of big data. CGI is now helping this company use big data to regain this knowledge. For example, we use loyalty card data to identify shifts in shopping behavior. Mon, 03/16/2015 - 01:28. Engage in a conversation with customers.

Big data 40

Big data Customer Experience Retail Analytics 40

IBM Big Data Hub

NOVEMBER 1, 2019

From reading the news headlines of yet another retail chain closing its stores, one can easily be left with the impression that we’re in a retail apocalypse. But in reality, the overall retail industry is very strong and healthy — especially online.

Retail 42

Retail IT 42

The Last Watchdog

FEBRUARY 15, 2024

Harter Secrest & Emery’s privacy and data security clients range from Fortune 100 corporations to closely-held businesses in a wide range of industries, including healthcare, financial services, data analytics/big data, retail, education, manufacturers, defense contractors, and employers of all sizes.

Data breaches 100

Data breaches Financial Services Big data Retail 100

The Last Watchdog

NOVEMBER 5, 2018

Now more than ever before, “big data” is a term that is widely used by businesses and consumers alike. Consumers have begun to better understand how their data is being used, but many fail to realize the hidden privacy pitfalls in every day technology. Related: Europe tightens privacy rules.

Privacy 174

Privacy Sales Access Big data 174

Thales Cloud Protection & Licensing

JANUARY 25, 2018

Digital transformation inherently drives organizations into a data driven world – and each technology used for digital transformation (cloud, big data, IoT, blockchain, mobile payments and more) requires its own unique approach to protecting data. Big Data – 99%. Blockchain – 92%. Mobile payments – 91%.

Digital transformation 96

Digital transformation Blockchain Security Encryption 96

Bill Schmarzo - Dell EMC

MARCH 28, 2018

Think about how Amazon’s market capitalization towers above that of other retailers or how the iPhone regularly captures over 90+ percent of ALL the smartphone industry profits. Let’s say that you are in the retail industry and are looking to digitally transform your business model. the market price).

Digital transformation 106

Digital transformation Customer Experience Marketing Retail 106

Thales Cloud Protection & Licensing

OCTOBER 4, 2021

These guidelines will help banks recover and restore critical data to facilitate the resumption of critical functions, services, and systems in a timely manner in the event of destructive cyber-attacks, such as ransomware attacks.

Digital transformation 114

Digital transformation Encryption Big data Cloud 114

erwin

JUNE 11, 2020

Aside from these, these data intelligence tools also provide healthcare institutions with an encompassing view of the hospital and care critical data that hospitals can use to improve the quality and level of service and increase their economic efficiency. Expanding big data.

Analytics 103

Analytics Blockchain Artificial Intelligence Big data 103

Reltio

JANUARY 28, 2021

Selling online rather than, or in addition to, retail outlets lets brands interact directly with their customers and retain control over their messaging, customer experience, and consumer data. . MDM’s Role: Aggregating data on customer interactions and personalizing customer experiences is key in D2C. Examples: .

MDM 98

MDM IoT Customer Experience Retail 98

Thales Cloud Protection & Licensing

DECEMBER 20, 2017

We’re now seeing big data play an increasing role in how retail sales and payments are being tailored to individual consumer’s preferences, and providers are adopting and integrating smarter, more efficient ways of completing the path-to-purchase.

Security 83

Security Retail Marketing Digital transformation 83

IBM Big Data Hub

FEBRUARY 12, 2024

How we arrived at this CX environment Early days of retail Before mass media, it was harder to know what other products were available outside of the ones offered by the local store. Previously, their direct customers were mostly retailers or resellers, who sold to the end users in store.

Customer Experience 92

Customer Experience Retail Manufacturing Artificial Intelligence 92

IBM Big Data Hub

MARCH 8, 2024

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In what McKinsey refers to as “the e-commerce catch-22,” many retailers with significant growth in ecommerce sales through 2020 and 2021 saw their margins decline.

Retail 79

Retail e-Discovery Marketing Artificial Intelligence 79

IBM Big Data Hub

APRIL 24, 2018

According to real estate data firm Co-Star, over 90 million square feet of retail space is slated to close this year, leading observers to point to an obvious truth: empathy matters in customer service. .

Retail 81

Retail 81

Information Management Resources

JULY 3, 2018

Retailers will be able to track the geographic origin — down to a specific orchard — of an apple, as well as how long it sat in a distribution center, what truck it was loaded onto and when it arrived at the store.

Big data 33

Big data Blockchain Retail IT 33

erwin

APRIL 11, 2019

For example, many retailers have robust, data-driven e-commerce operations that are international. Smaller, more brick-and-mortar-focussed retailers may have had to start from scratch. Other industries had their own levels of preparedness, based on the nature of their operations.

GDPR 100

GDPR Compliance e-Discovery Metadata 100

Bill Schmarzo - Dell EMC

APRIL 4, 2018

Figure 1: “Driving Business Strategies with Data Science: Big Data MBA” Because in our evolving world, successful digital transformation will be the difference whether a business survives or wilts in the modern economy. Digital Transformation is becoming a business mandate.

Digital transformation 98

Digital transformation Big data Marketing Artificial Intelligence 98

IBM Big Data Hub

MAY 29, 2018

While shoppers might have personal preferences, they don't limit ourselves to one retailer for all purchasing decisions. Purchasing options outside of the office are diverse and varied depending on what people want to buy, where and when they buy it, and what they need it for. So why do that in a work environment?

Retail 80

Retail Cloud IT 80

IBM Big Data Hub

OCTOBER 11, 2019

Let’s say you’re the Chief Technology Officer of a bank or retailer struggling to infuse AI that aims to improve customer experiences. You likely face three main challenges:

Customer Experience 75

Customer Experience Retail 75

IBM Big Data Hub

NOVEMBER 13, 2023

High-performance computing Industries including government, science, finance and engineering rely heavily on high-performance computing (HPC) , the technology that processes big data to perform complex calculations. HPC uses powerful processors at extremely high speeds to make instantaneous data-driven decisions.

Cloud 107

Cloud e-Delivery Big data e-Discovery 107

John Battelle's Searchblog

AUGUST 26, 2013

The Rise of the Period Apps: Where Big Data Meets Girlie Graphics - The Cut. Now we have pink, flowery apps developed by men to help us make better data. “First-party data” from self-quantifiers is closer to the consumers, but requires more value and trust in the exchange.

Privacy 92

Privacy Big data Retail Marketing 92

IBM Big Data Hub

APRIL 28, 2020

During these times of uncertainty, all companies are being stressed in new ways; supply chains are being halted with employee sickness, retail store doors are closed to encourage social distancing, and health care facilities are overwhelmed by patient demand.

Data science 78

Data science Customer Experience Retail Cloud 78

IBM Big Data Hub

FEBRUARY 1, 2024

More prominently, central bank digital currencies (CBDCs) have come to offer digital forms of central bank money, while tokenized deposits tokenize the lifecycle of commercial bank money in both the retail and wholesale context. Like cash, they are designed to store value, serve as mediums of exchange, and represent a unit of account.

Retail 90

Retail Privacy Compliance Government 90

IBM Big Data Hub

APRIL 25, 2024

Early on, ecommerce marketing strategies touted the novelty of tax-free, online-only retailing that incentivized consumers to select an online channel both for convenience and better pricing options. But the paradigm has shifted. Experience is the North Star of conversion.

Customer Experience 82

Customer Experience Retail Marketing Sales 82

IBM Big Data Hub

JANUARY 29, 2024

.” What they found was that 9 out of 10 organizations interviewed “[…] do not have a way to represent how they deliver their most important products and services from end to end, nor do they have the performance data necessary to create a baseline to improve that performance.

Digital transformation 66

Digital transformation Cloud Artificial Intelligence Blockchain 66

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Artificial Intelligence 82

Artificial Intelligence Retail Unstructured data Insurance 82

Schneier on Security

JULY 21, 2023

Similar AI-powered systems are being used by retailers in Australia and the United Kingdom to identify shoplifters and provide real-time tailored alerts to employees or security personnel. It’s easy to see how the AI systems being deployed by retailers to identify shoplifters could be redesigned to employ microdirectives.

Retail 93

Retail Access Big data Analytics 93