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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer.

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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135
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Clavis Insight Allies With IRI For More Comprehensive eCommerce Insights

PYMNTS

Clavis Insight, a world leader in digital shelf analysis, insights and analytics, recently formed an alliance with leading Big Data and predictive analytics provider IRI. Our solution is oriented toward brand manufacturers who are looking to monitor their brands’ product listings in the online marketplace,” said Silverman.

Retail 100
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Meet The Location Data Company That, Literally, Put The Blue Dot On The Map

PYMNTS

Big Data is big business. That’s become pretty much gospel for brands, retailers and marketers alike. And one of the most valuable forms of data right now is behavioral data because it tells a retailer or brand where a customer or potential customer goes, does and spends their time and money on.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

Point-of-sale financing for retailers. HQ: Boston, Massachusetts. Online foreign exchange services. Financial data for private equity funds. Nigerian online credit card processor. Tags: Investors, big data, business intelligence, investing, capital markets. Latest round: $25 million Debt. Hockeystick.

Company 12
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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Retail/Consumer Goods. From their humble, skunkworks-style origins in Palo Alto to their current offices in Sunnyvale, Cupertino, Seattle, and Boston, they’ve scaled up to attack new projects but keep the same focus on experimentation and innovation that helped them build the first Kindle. Retail/Consumer Goods. Technology.

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Reopening: The Tech-Enabled Office In A Post-Covid World

CB Insights

Individuals using Alipay’s Health Code fill out a form in the app and the software uses big data to generate a QR code depending on a user’s contagion risk. As the world moves increasingly online, cybersecurity is an omnipresent threat (as we discuss further on in this report). Store Checkout Tech Startups.

Meeting 101