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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 184
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Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025. Real-world applications of IoT can be found in several sectors: 1.

IoT 283
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Where Video Analytics Falls Into Your Big Data Strategy: 5 Use Cases

CTOvision

Any business hoping to enjoy success now and well into the future knows that big data is the way to go. With big data analytics, companies have become more versatile, adopting new technological solutions to enhance their capabilities, efficiently run their organizations, and increase revenue.

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Big Data in Retail – Top 4 Trend Predictions for Retail in 2018

SQream

Retailers are in a tough situation. With a lot of consumers shifting preference towards online shopping, retails can’t be complacent. The post Big Data in Retail – Top 4 Trend Predictions for Retail in 2018 appeared first on SQream - GPU Data Warehouse.

Retail 64
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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. Modern technical advancements in healthcare have made it possible to quickly handle critical medical data, medical records, pharmaceutical orders, and other data. It’s all about big data. .

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Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt – Part 2

Cloudera

In Part Two they will look at how businesses in both sectors can move to stabilize their respective supply chains and use real-time streaming data, analytics, and machine learning to increase operational efficiency and better manage disruption. The 6 key takeaways from this blog are below: 6 key takeaways. Brent Biddulph: .

Retail 86
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Minimizing Supply Chain Disruptions with Advanced Analytics

Cloudera

Consider that e-commerce’s acceleration due to the pandemic saw retailers’ digital sales penetration realize 10 years of growth in just the first three months of 2020 alone. . In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Advanced analytics empower risk reduction .

Analytics 109