Today, digital emergence is creeping into retail sector in an amazing way. Being in touch with customer continuously is essential and no retailer can afford to estrange its customer. Retail analytics, cloud, social and mobile solutions are must in today’s world to succeed. Unlike age-old days, It is cheaper, faster and easier today to store and process more data than ever before. Retailers have grown better at data management. Question is, how well are they able to leverage insights from this analysis to drive strategic decisions? (more…)
With big data technologies moving ahead quickly data analytics is not just a trend but a new way of business life. The potential of analytics lies in speed and efficiency. It gives the opportunity to spot trends in customer behavior and respond quickly. With the amount of data expanding, the analytics and big data sector has seen a robust growth over the last five years. This will hold true in 2016 as well.
Let us take a snappy peep at some of the significant analytics trends to look for in 2016. (more…)