Retail sales rose 0.6 percent in December, according to the U.S. Commerce Department, showing a relatively flat holiday spending period after a 0.2 rise in November. However, online retailers in particular reported better sales, indicating a growing need for the integration of e-commerce and use of real-time data within retailers' customer experience, according to IT consulting company Syntel.
Organizations who reported faster growth in revenue over the past three years were also more likely to be further ahead in using artificial intelligence, according to new research by IT consulting company Infosys.
Mobile software and app services company Mobinteg has deployed a Bluetooth Low Energy (BLE) beacon-based solution within several cities and villages throughout Portugal and Italy, in order to connect app users with information about city buildings, businesses and historical monuments.
Kohl's Corp. has found loyalty to be "the most important differentiator for us in the marketplace," says CEO Kevin Mansell, and this loyalty is being driven by technology.
A Federal Trade Commission attempt to rein in a poorly secured IoT device is raising questions over whether the U.S. regulator has the power to crack down on vendors suspected of shoddy practices.
Tomorrow's retail stores want to take a page from their online rivals by embracing advanced technology - everything from helpful robots to interactive mirrors to shelves embedded with sensors.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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