Tag: Retail

The Future of Retail may be in the Cloud

The retail industry has transformed significantly over the past few decades, and retailers are starting to understand that they cannot simply rely on traditional brick-and-mortar strategies. McKinsey consultant Stefan Niemeier explains, “[Business technology] will be a major change for traditional store-based retail. Consider a big-box format with a 35 percent gross margin and 3 percent… Read more The Future of Retail may be in the Cloud

Can IoT save retail?

Retail environments have undergone significant change over the past two decades due to the introduction of information technologies, including the rise of online shopping. The Internet of Things has the potential to cause even greater disruption, but IoT can also provide traditional retailers with the tools to compete—and coexist—with the online retail world as “omni-channel”… Read more Can IoT save retail?

Big Data and Cloud Computing on Retail: advantages and precautions

The way companies are crafting their business strategy is constantly changing, especially for the last twenty years, due to costumer’s new experience preferencies and substantial developments on technology. Moreover, most of the change that happened within the corporate ecosystem was data driven, making possible for companies to rapidly identify their priorities and take the most knowledge enlightened… Read more Big Data and Cloud Computing on Retail: advantages and precautions