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Retail & Consumer

Speed is crucial in the consumer goods space. Big Data helps companies be more responsive to rapidly-changing trends, allowing market players to increase revenue and reduce wasted expenditure.

ContributorsFeaturedRetail & ConsumerTechnology & IT

The upcoming end-of-support deadline presents serious risks for late adopters and significant opportunity for IT professionals. Here is how MSPs can create new business by urging customers not to wait until the last minute to upgrade. The end of support for Microsoft Exchange 2010 is approaching and MSPs must take

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BI & AnalyticsContributorsFeaturedFinanceFinTechRetail & Consumer

Banking as a Service (BaaS) is the democratisation of financial capabilities that have fiercely been protected, isolated and hidden in silos for hundreds of years by banks. The fact that BaaS opens up banks’ capabilities and essentially empowers anyone to be able to create their own financial products, goes against

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BI & AnalyticsBig DataFeaturedMarketing & SalesRetail & ConsumerUnderstanding Big Data

Here is how Big Data can help you in your growth strategies in ecommerce Ecommerce is taking a bigger slice of the global retail pie. In the US, for example, ecommerce currently accounts for approximately 10% of all retail sales, a number that’s projected to swell to nearly 18% by

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ContributorsMachine LearningMarketing & SalesRetail & ConsumerTechnology & IT

After retailers suffered a bad year with bankruptcies, store closures and lower store footfall, we discuss why now is the time for retailers to invest in data and advanced technologies to boost consumer relations.   Bricks and mortar retailers would sooner forget 2018. The year that brought 16 U.S. bankruptcies,

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ContributorsFeaturedRetail & ConsumerTechnology & IT

The digital revolution has completely changed the way we buy and rent movies. Netflix, Amazon, Apple, Google and other on-demand entertainment service providers have made the brick-and-mortar video stores irrelevant. In July 2018, in Bend, Oregon, the last standing Blockbuster store shut its doors for good. That’s quite a comedown

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BI & AnalyticsBig DataFinanceFinTechMarketing & SalesRetail & ConsumerUncategorized

It’s been one month since GDPR, General Data Protection Regulation, a policy set in place to address the digital age’s ever increasing flow of personal data, went into effect for European industries. GDPR is meant to give consumers more control over their personal data usage by companies, and this shift

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ConversationsRetail & Consumer

Goldman Sachs predicts that a $100+ billion market opportunity for drones will exist until 2020 – and that’s not just for military usage. The aviation sector is clearly an attractive market capable of drawing in young entrepreneurial teams from across the world, such as the German startup AIRTEAM – an

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Retail & Consumer

At some point, almost every company faces questions like How good are the customers that we acquire? How do they differ from each other? How much can we spend to encourage their first or next transaction? As a measure that determines the amount of profit a customer brings over the

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ConversationsRetail & ConsumerTech Trends

The sudden evolution of the phone from a single-function device for making calls to a multifunctional pocket computer is one that’s already changed how we conduct business and live our lives a great deal. Now more than ever before, however, our behavior is also influencing this evolution to create products

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Data ScienceMachine LearningRetail & Consumer

As a research scientist at the German online retail giant Zalando, Dr. Alan Akbik is an expert in Natural Language Processing and Data Extraction. In his work for the company, which at any given moment is handling massive numbers of online transactions in multiple languages, Akbik helps unveil unique insights

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