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

PYMNTS

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. Part of the disconnect with the Census data is that it measures averages, but nothing is ever average.

Big Data 135
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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

“AI simply hasn’t been around long enough, nor has it been adopted by enough companies, for us to determine all the ways it will ultimately drive value,” said Michael Scharff, CEO of Evolv Technologies , which provides retailers with AI expertise. The scale in AI is about the data, not the retailer, according to Oliver.

Retail 203
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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. 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. In other words, it’s a lot of that uber-valuable type of data.

Data 100
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Happier Hour: 55+ Startups Disrupting The Alcoholic Beverages Industry

CB Insights

Bar Tech — Companies in this category bring big data and online features to bars and restaurants. SteadyServe Technologies ($21M in disclosed funding) provides connected scales to track beer levels in kegs, while SevenFifty Technologies ($8.5M SevenFifty Technologies. SteadyServ Technologies.

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

Fintech Labs Insights

HQ: Boston, Massachusetts. Online foreign exchange services. Financial data for private equity funds. Payment technology for parking meters. Nigerian online credit card processor. Tags: Investors, big data, business intelligence, investing, capital markets. Source: Crunchbase. Maxwell Health.

Company 12
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online marketplace for real estate investing. Blockchain technology for securities. Online consumer lending. Data analytics for financial services companies. HQ: Boston, Massachusetts. Tags: Enterprise, BI, metrics, analytics, big data. Total raised: $136.7 HQ: San Francisco, California. RealtyMogul.

Company 12