Content about business intelligence

June 17, 2013

Despite continuing economic uncertainty, new data from KPMG indicates retailers are ready to invest capital to spur growth this year.

New York -- Despite continuing economic uncertainty, new data from KPMG indicates retailers are ready to invest capital to spur growth this year. The 2013 KPMG Retail Outlook Survey shows that 85% of retail executives expect capital spending will increase or remain the same during the next year. When asked where they will increase spending most, executives most frequently cited geographic expansion (61%), IT (40% and advertising and marketing/branding (24%).

May 7, 2013

Real estate solution-providers equip retailers to make strategic decisions

Any economic recovery begs a number of questions for a retailer: When can I grow again? Where should I go? What does my customer want and need now? How big can my stores — and my business — be? Even though we are on the other side of the deepest recession in decades, it is still critical that retailers correctly answer these questions. We're long past the days when a chain could rely on gut instinct about a store location.

April 15, 2013

By Paul Jeruchimowitz, Accenture

By Paul Jeruchimowitz, paul.e.jeruchimowitz@accenture.com

April 3, 2013

By Greg Munves, 1010data

By Greg Munves, greg@1010data.com

If you’re like many mid-level or tier one retailers, online or brick-and-mortar, you’ve probably made a significant investment in Big Data, capturing and analyzing customer buying patterns across your business. You may not realize, however, that this huge IT investment can actually be a profit center, if you sell your data back upstream to your suppliers.
 

April 1, 2013

Talend said Monday that The Container Store is deploying Talend Enterprise Data Integration to simplify, standardize and move data across multiple platforms.

Los Altos, Calif. -- Talend said Monday that The Container Store is deploying Talend Enterprise Data Integration to simplify, standardize and move data across multiple platforms.

With Talend, The Container Store now has cross-platform standardization, improved development times and automated processes that were previously done manually.

April 1, 2013

Three high-profile big-box retailers received high marks for their mobile experiences, according to a survey by Prosper Insights & Analytics.

Worthington, Ohio -- Three high-profile big-box retailers received high marks for their mobile experiences, according to a survey by Prosper Insights & Analytics. In fact, among mobile users, 28.9% have used their mobile devices to shop at Walmart, 27.7% at Target, and 22% at Best Buy.

January 22, 2013

SCIO Health Analytics, a health analytics services company, has entered into a relationship with Walgreens to help employers gain maximum return on investment through worksite health centers and wellness programs, identifying opportunities to improve workforce health while also reducing costs.

Hartford, Conn. -- SCIO Health Analytics, a health analytics services company, has entered into a relationship with Walgreens to help employers gain maximum return on investment through worksite health centers and wellness programs, identifying opportunities to improve workforce health while also reducing costs.

January 20, 2013

From solutions having to do with enterprise business intelligence to mobility, there were a host of retail technology deployments announced at the National Retail Federation’s 102nd Annual Convention & Expo. Here is a quick recap of some key applications:

New York -- From solutions having to do with enterprise business intelligence to mobility, there were a host of retail technology deployments announced at the National Retail Federation’s 102nd Annual Convention & Expo. Here is a quick recap of some key applications:

January 15, 2013

Profitect announced that Weis Markets has selected its cloud-based Profit Amplification solution, a pattern-seeking predictive analytics tool, for deployment throughout the chain.

Waltham, Mass. -- Profitect announced Monday that Weis Markets has selected its cloud-based Profit Amplification solution, a pattern-seeking predictive analytics tool, for deployment throughout the chain.

Weis Markets will initially deploy the Point of Sale and Inventory modules of the Profitect suite.

January 14, 2013

Retail analytics firm QuantiSense announced that Hibbett Sports has selected the QuantiSense Decision Orchestration Platform for its enterprise business intelligence solution.

Atlanta -- Retail analytics firm QuantiSense announced Monday that Hibbett Sports has selected the QuantiSense Decision Orchestration Platform for its enterprise business intelligence solution.

Hibbett Sports needed a single foundation for enterprise business intelligence that could satisfy current merchandising and store operations requirements and expand to other departments over time.
 

January 14, 2013

Retail analytics firm QuantiSense announced that Hibbett Sports has selected the QuantiSense Decision Orchestration Platform for its enterprise business intelligence solution.

Atlanta -- Retail analytics firm QuantiSense announced Monday that Hibbett Sports has selected the QuantiSense Decision Orchestration Platform for its enterprise business intelligence solution.

Hibbett Sports needed a single foundation for enterprise business intelligence that could satisfy current merchandising and store operations requirements and expand to other departments over time.
 

January 11, 2013

MicroStrategy Inc. announced that West-coast based specialty retailer Tilly's has launched a state-of-the-art mobile commerce app powered by MicroStrategy's Alert Mobile Commerce Platform.

Tysons Corner, Va. -- MicroStrategy Inc. announced that West-coast based specialty retailer Tilly's has launched a state-of-the-art mobile commerce app powered by MicroStrategy's Alert Mobile Commerce Platform.

December 10, 2012

The omnichannel retail experience figures prominently in IDC Retail Insights’ Top 10 Predictions for the Retail Industry 2013.

Framingham, Mass. -- The omnichannel retail experience figures prominently in IDC Retail Insights’ Top 10 Predictions for the Retail Industry 2013. A hallmark of IDC’s offering for three decades, the annual report provides IDC's outlook on the IT market, across industries, in the coming year.

November 27, 2012

The strategic role that IT plays in retail is evident as retailers across the board continue to up their technology investments. And with retail innovation being driven largely by tech-related advances in customer analytics, mobile and social commerce, and cross-channel strategies, IT spending is expected to remain a top priority.

But with increased investment comes the risk of overspending, warned NPI, a spend-management consulting firm that works with large retailers to maximize IT and telecom spending.

November 27, 2012

The grocery industry, for the most part, lags in using online shopper insights for shopper and competitive advantage, according to a study developed in partnership with BeaconUnited, a national grocery broker, and ArchPoint Consulting, and powered by business intelligence firm Black Pearl Intelligence.

San Antonio -- The grocery industry, for the most part, lags in using online shopper insights for shopper and competitive advantage, according to a study developed in partnership with BeaconUnited, a national grocery broker, and ArchPoint Consulting, and powered by business intelligence firm Black Pearl Intelligence. Grocery-related social media conversations are now estimated at 10 million annually, yet many grocers are still slow to respond, the study found.

November 27, 2012

The grocery industry, for the most part, lags in using online shopper insights for shopper and competitive advantage, according to a study developed in partnership with BeaconUnited, a national grocery broker, and ArchPoint Consulting, and powered by business intelligence firm Black Pearl Intelligence.

San Antonio -- The grocery industry, for the most part, lags in using online shopper insights for shopper and competitive advantage, according to a study developed in partnership with BeaconUnited, a national grocery broker, and ArchPoint Consulting, and powered by business intelligence firm Black Pearl Intelligence. Grocery-related social media conversations are now estimated at 10 million annually, yet many grocers are still slow to respond, the study found.

November 8, 2012

By Dr. Trevor Davis, IBM Global Business Services

By Dr. Trevor Davis, trevor.davis@uk.ibm.com

October 25, 2012

Eager to make more effective business decisions, many retailers are reevaluating their business intelligence strategies. With a renewed focus on breaking down enterprise-wide silos, retailers are making a move to the next generation of BI, which includes giving line and store managers access to predictive analytics tools and multifunctional views of data.

October 25, 2012

Eager to make more effective business decisions, many retailers are reevaluating their business intelligence strategies. With a renewed focus on breaking down enterprise-wide silos, retailers are making a move to the next generation of BI, which includes giving line and store managers access to predictive analytics tools and multifunctional views of data.

October 25, 2012

Making better business decisions requires retailers to break down silos between company divisions, and deliver scalable predictive tools that allow managers enterprise-wide to sift through mission-critical information.

Chain Store Age talked with Andrea Morgan-Vandome, VP retail strategy and solution marketing, Oracle Retail, about the importance of business intelligence (BI).

What is the biggest change today related to retail analytics and BI? 

October 25, 2012

Making better business decisions requires retailers to break down silos between company divisions, and deliver scalable predictive tools that allow managers enterprise-wide to sift through mission-critical information.

Chain Store Age talked with Andrea Morgan-Vandome, VP retail strategy and solution marketing, Oracle Retail, about the importance of business intelligence (BI).

What is the biggest change today related to retail analytics and BI? 

October 22, 2012

Analytic data solution-provider Teradata said that Takashimaya Co. has completed deployment of a Teradata data warehousing environment to serve as the primary data analytics system for centrally housing and managing its product and customer information.

Tokyo -- Analytic data solution-provider Teradata said Monday that Takashimaya Co. has completed deployment of a Teradata data warehousing environment to serve as the primary data analytics system for centrally housing and managing its product and customer information.

Takashimaya is one of the world's largest chains of department stores, and is the nucleus of the Takashimaya Group worldwide.

October 19, 2012

Teradata, the analytic data solutions company, announced that Sears Holdings has upgrades its existing Teradata analytic environment with the Teradata Active Enterprise Data Warehouse Platform 6690, which leverages both SSD and HDD storage.

Hoffman Estates, Ill. -- Teradata, the analytic data solutions company, announced that Sears Holdings has upgrades its existing Teradata analytic environment with the Teradata Active Enterprise Data Warehouse Platform 6690, which leverages both SSD and HDD storage.

Sears has also added the new Teradata ADW Private Cloud with Elastic Performance on Demand for on-demand business analytics.

September 26, 2012

By Sean Jackson, Actian

By Sean Jackson, Sean.Jackson@actian.com

In recent weeks, there have been some well-publicised examples of retail giants whose financial performance has been severely impacted by breakdowns in the supply chain. As salt in the wound to these behemoths of retail, there are just as many examples of organizations that have exceeded market expectations due to an ability to behave nimbly and respond quickly to changes in consumer demand.

July 30, 2012

First Insight, which provides predictive analytics generated from online consumer engagements, announced an agreement with The Limited.

Pittsburgh -- First Insight, which provides predictive analytics generated from online consumer engagements, announced an agreement with The Limited. Terms of the deal were not disclosed.

The First Insight solution uses online social engagement tools to gather real-time preference, pricing and sentiment data on new products. This information is filtered through First Insight’s predictive analytic models to determine which products present the greatest opportunity.