With a wealth of information readily available online, consumers are now better able to compare products, services and prices—even as they shop in physical stores. If retailers succeed in addressing the challenges of “big data,” they can use this data to generate valuable insights for personalizing
The customer-driven movement is getting stronger and stronger, and it’s about more than service—it’s about the experience you provide. The customer has indeed become the king for retailers, and smart retailers are using big data analytics to offer customized and personalized services and product.
In order to offer better insight to large-scale retailers, Brightlight Consulting needed an analytics solution that could master Big Data inherent to the retail industry. IBM PureData System for Analytics gave Brightlight faster quereis than ever before, allowing them to efficiently and simply
Earlier this week, IBM unveiled its yearly "5 in 5" list - five predictions that forward-thinkers expect will come to be within five years. This year's list envisions computers that will literally "touch" us, as well as see, hear, taste and smell. As Popular Science put it, "Siri suddenly seems
Leading organizations in financial services, telecommunications, retail, healthcare, digital media, insurance and other industries are outperforming their competition by generating new, actionable insights from big data. There are three dimensions in their performance that indicate a correlation
Organizations today are collecting tremendous volumes of data, generated by a wide variety of sources, often at extreme velocities. This is “big data”—the millions of stock trades, call detail records (CDRs), social media posts and patient test results produced every single day. Leading
As promised, we’re going to revisit a topic I introduced awhile ago in "Why Static Stinks". Based on what I’m seeing recently, static still stinks, so now is a good time to resurface our discussion. Collectively, we’re just not moving fast enough to fix the glaring issues that static–otherwise
According to several research firms, 70% of traditional data warehousing/Business Intelligence projects were considered failures. Fundamental to every data warehousing project is a basic and simple concept – “data integration.” Data integration technology became fundamental as data complexity,
Every day, our world creates 2.5 quintillion bytes of data. How businesses discover the real value in large volumes of data is key to their success. In this video, four IBM customers demonstrate how Smarter Analytics has helped them deliver the right product, prevent fraud, make informed and timely
With its 300 nationwide department stores, Dillard's created a huge volume of logistical and customer data. Needing a business intelligence solution to organize and process this massive data and enable better business decisions, Dillard's turned to IBM's Smart 7600 System. This analytics
Imagine if Netflix never updated your movie preferences, or even worse, never asked what you liked in the first place. Imagine if your spam folder never adapted to the changing inbound spam. Or finally, imagine that your Internet radio station presented a fixed playlist that didn’t bother to ask
In talking to customers, analysts and partners at the National Retail Federation “Big Show” last week, it was clear to me that retailers are trying to find the “holy grail” in the cross-channel retailing environment that offers “one view of the customer across all channels.” Power has shifted to
Netezza's globetrotting reporter Karina Bernier is in Las Vegas for MicroStrategy World 2011, where the buzz is about retail high-performance analytics (powered by Netezza TwinFin appliances of course). Check out Karina's interviews with Vipul Patel of Michaels Stores, Wei Zheng of Informatica, Al
QuantiSense really, really knows the retail space. Founded in 2001, QuantiSense is the leading provider of business intelligence and data warehousing applications exclusively for specialty retailers. CEO and co-founder Jeff Buck talks with Netezza's Karina Brenier about retail analytics and how
The NRF show in New York City is the nation's oldest trade conference, marking its 100th show in New York City in 2011. Companies have been selling to retail consumers for just about forever. But retail enterprises continue to be among the most innovative and forward-thinking businesses around.