data analysis

Thumbnail-Photo: Geomarketing opens up new opportunities for the retail sector...
30.11.2016   #data management #data analysis

Geomarketing opens up new opportunities for the retail sector

Real-time data will play a decisive role in the future

At this point, geomarketing can do more than just let you know where your customers are located. Digitization and fast big data processing permit access to increasingly comprehensive and differentiated information about potential markets and ...

Thumbnail-Photo: Identifying purchase intentions: market basket analysis for...
01.09.2016   #data warehouse management #software applications

Identifying purchase intentions: market basket analysis for brick-and-mortar retailers

The right software to understand and use data to improve profitability

Neither magic nor a secret: sales receipt data can reveal information about consumer purchase behavior. Online retail already masters this type of analysis perfectly. In contrast, brick-and-mortar retail still needs technical support to understand ...

Thumbnail-Photo: Internet of Things data management issues concerns UK vendors...
24.08.2016   #data analysis #marketing research

Internet of Things data management issues concerns UK vendors

Research findings suggest that 78 percent of UK vendors expect the IoT to have a significant impact on their ability to gather customer insights data across the supply chain

Many go so far as to say that it will also change the way they think, and operate, as an organisation. Increased demand from consumers for a seamless shopping experience is resulting in the development of a variety of customer-facing IoT ...

Thumbnail-Photo: Study: retail sourcing and procurement market...
31.05.2016   #data analysis #software management

Study: retail sourcing and procurement market

"The need for better visibility in sourcing related data to drive the retail sourcing and procurement market"

The retail sourcing and procurement market size is estimated to grow from USD 2.58 billion in 2016 to USD 4.83 billion by 2021, at an estimated CAGR of 13.4%. The need for better visibility in sourcing related data, centralization of procurement ...

Thumbnail-Photo: Higher quality of product and customer data
09.05.2016   #data management #data analysis

Higher quality of product and customer data

Stibo Systems re-enters retail sector with STEP MDM platform

Stibo Systems, a market-leading provider of Master Data Management (MDM) solutions, will install its STEP MDM solution in Globus hypermarkets across Germany. Founded around 190 years ago, Saarland-based Globus currently operates 46 hypermarkets in ...

Thumbnail-Photo: Retailers find keys to impressive ROI in shopper conversion research...
24.03.2016   #data management #data analysis

Retailers find keys to impressive ROI in shopper conversion research study

Study shows net sales productivity lift of 537 basis points with innovative data-driven coaching approach

A new research study clearly demonstrates the ability of a new data-driven coaching and analytics program to drive net sales productivity in retail stores. The ‘In-store Traffic and Conversion Study’ by RetailWire and HeadCount Corporation documents a lift in net sales productivity of 537 basis points during the test period.

Thumbnail-Photo: Enabling brands to bring together data about their customers’ behaviour...
15.03.2016   #data management #customer relationship management

Enabling brands to bring together data about their customers’ behaviour

Multichannel optimisation platform Innometrics builds successful API

Cutting-edge consumer profiling platform Innometrics has adopted Basho Technologie's Riak KV database to power its Profile Cloud API.

Thumbnail-Photo: Replacing out-of-date planning applications
02.03.2016   #data analysis #stock level optimization

Replacing out-of-date planning applications

58 percent of retailers indicate analytics is the top merchandise planning priority for 2016

According to a new special report from Boston Retail Partners (BRP), retailers are finding that many of their current planning applications are ineffective and unable to support the complex analysis required to optimize planning decisions and ultimately, meet the demands of today’s customer.

Thumbnail-Photo: Addressing each customer individually
21.01.2016   #data management #data analysis

Addressing each customer individually

Benefits and risks of big data in retail

Customer loyalty programs, mobile apps, and online ordering data are just some of the data sources retailers can use today to gain new insights into nearly every aspect of their business. “Big data” is the big buzzword here.

Thumbnail-Photo: Improve sales forecasting with knowledge about the weather...
20.01.2016   #data analysis #data storage

Improve sales forecasting with knowledge about the weather

MeteoGroup presents weather solutions for the retail industry at EuroCIS 2016

Weather is intrinsically linked to customer buying behaviour. MeteoGroup presents special solutions for analysis and optimization of weather dependent processes in the retail industry in hall 10 at stand 10E52.

Thumbnail-Photo: Tyco showcases new fitting room analytics at NRF Big Show...
20.01.2016   #data analysis #fashion

Tyco showcases new fitting room analytics at NRF Big Show

Retailers gain valuable inventory and shopper insights

Tyco Retail Solutions unveiled its new TrueVUE fitting room analytics at NRF Big Show 2016. New inventory, traffic intelligence and loss prevention use cases that extend data visibility into the fitting room area provide retailers with the power to better serve clients, while minimizing loss in this traditional “high risk” security zone.

Thumbnail-Photo: Tyco to acquire ShopperTrak
15.01.2016   #data analysis #customer counting

Tyco to acquire ShopperTrak

Data analytics and software enhance Tyco's global growth strategy to solve broader customer problems

Tyco International has reached a definitive agreement to acquire ShopperTrak, a leading global provider of retail consumer behavior insights and location-based analytics, for approximately $175 million in cash:

Thumbnail-Photo: Real-Time response to customer traffic trends for retailers...
12.01.2016   #data management #software applications

Real-Time response to customer traffic trends for retailers

Reflexis Systems and NOMi partner up

Reflexis Systems, Inc. and NOMi today announce a technology partnership to combine both companies’ core solutions to enable better customer service in retail stores.

Thumbnail-Photo: Delivering real insights and margin optimization opportunities...
23.10.2015   #data management #data analysis

Delivering real insights and margin optimization opportunities

Three new solution innovations for retailers from Periscope

Periscope, a McKinsey Solution, focusing on price, promotion, and assortment optimization, has announced three new product innovations designed to help organizations rapidly transform their approach to customer centric pricing, category management ...

Thumbnail-Photo: 95 percent of businesses admit they are underutilising analytics...
22.10.2015   #data management #data analysis

95 percent of businesses admit they are underutilising analytics technology

Survey cites lack of understanding and senior buy-in as barriers to adoption

95% of businesses admit they should be making greater use of predictive analytics technology to enhance strategic decision making and improve operational efficiency. These are the findings of research carried out by Source for Consulting in ...

Thumbnail-Photo: Purchase Intent Data research gives insights into what influences...
12.10.2015   #data management #customer relationship management

Purchase Intent Data research gives insights into what influences shoppers

The research includes detailed insights into what influences shoppers – from when they are considering buying to when they purchase – and highlights how much of this journey takes place out of sight of retailers. It describes how ...

Thumbnail-Photo: Augmented advertising solution for British retailers...
01.10.2015   #POS systems #POS marketing

Augmented advertising solution for British retailers

Monetise floor space more effectively

Walkbase and Samsung, the leading manufacturer of electronics and digital displays have announced a joint proposition to provide in-store analytics to retailers using Samsung digital screens. New Walkbase Advertising technology together ...

Thumbnail-Photo: Knowing when power hours occur is crucial for personnel planning...
15.09.2015   #data management #data analysis

"Knowing when 'power hours' occur is crucial for personnel planning"

Interview with Bill McCarthy, ShopperTrak and James Cook, Thomas Sabo

Store employees play a big role in ensuring that customers receive a superior shopping experience. This is why retailers need reliable shopper data to understand key shopping timeframes, including busy periods, and to adjust their staffing needs ...

Thumbnail-Photo: Knowing when power hours occur is crucial for personnel planning...
09.09.2015   #data management #personnel management

"Knowing when 'power hours' occur is crucial for personnel planning"

Interview with Bill McCarthy, ShopperTrak and James Cook, Thomas Sabo

Store employees play a big role in ensuring that customers receive a superior shopping experience. This is why retailers need reliable shopper data to understand key shopping timeframes, including busy periods, and to adjust their staffing needs ...

Thumbnail-Photo: Low levels of repeat buyers challenge new product success...
03.09.2015   #data management #customer relationship management

Low levels of repeat buyers challenge new product success

Less than 1 percent of shoppers drives sales volume for the typical new CPG product

In the CPG industry, generally-recognized failure rates for new product launches range from 60 percent to 80 percent. Catalina released a new report, which demonstrates the critical importance of data-driven shopper engagement in growing the success ...

Thumbnail-Photo: Online sellers already able to predict one in two purchase decisions...
28.08.2015   #online trading #e-commerce

Online sellers already able to predict one in two purchase decisions

eCommerce is better able than ever to adjust to the needs of its customers

Online sellers are already able to predict in advance around 50 percent of all purchase decisions made online – that is the result of the 9th ACM Recsys Challenge 2015 which was organized this year by the Yoochoose GmbH.  Over 500 ...

Thumbnail-Photo: Three of the UKs top five grocery chains are now using in-store analytics...
03.08.2015   #data analysis #customer counting

Three of the UK's top five grocery chains are now using in-store analytics

Walkbase announces rapid growth including its first roll-out deal with a retail chain in over 100 stores

Walkbase announced the continuation of rapid growth in Q2, resulting in a record number of roll-outs of its solution in more than 200 retail stores during the first half of 2015. Walkbase is expecting to more than double its expansion during the ...

Thumbnail-Photo: FootFall is now a part of Tyco Retail Solutions...
29.07.2015   #data management #data analysis

FootFall is now a part of Tyco Retail Solutions

Acquisition accelerates Tyco’s commercial delivery of shopper analytics and traffic intelligence

Tyco Retail Solutions has acquired FootFall, a global retail intelligence company, from Experian, plc, for £38.5 million (US$60 million) in cash. Headquartered in the United Kingdom, FootFall provides thousands of retailers and ...

Thumbnail-Photo: Verve Mobile names Julie Bernard CMO
25.06.2015   #data management #multichannel commerce

Verve Mobile names Julie Bernard CMO

Bernard is a marketing expert with a proven track record in the retail space

Less than two months after Verve Mobile CEO Nada Stirratt emphasized the need to find a CMO that could help sharpen the company’s identity in the omnichannel marketplace, department store marketing vet Julie Bernard has ...

Thumbnail-Photo: TrueView applications have received a face-lift...
22.06.2015   #customer satisfaction #data management

TrueView applications have received a face-lift

Cognimatics launches redesigned GUI

Cognimatics has reworked its corporate visual identity. All applications in the TrueView suite will also implement relevant elements in coming releases throughout 2015. The company announced that the following applications are available ...

Thumbnail-Photo: Epicor Retail unveils new point of sale in the cloud offering...
12.06.2015   #data management #data analysis

Epicor Retail unveils new point of sale in the cloud offering

Retailers benefit from accelerated deployment, flexibility, scalability and ease of integration

Epicor Software Corporation has unveiled its new Epicor Retail Store Point of Sale (POS) in the Cloud offering here at Insights, the company's annual user conference. The new POS in the Cloud solution brings a whole new level of ...

Thumbnail-Photo: Comprehensive automated management of retail services...
10.06.2015   #data management #software applications

Comprehensive automated management of retail services

SPAR Group announces seamless global retail service operations system

SPAR Group has announced the launch of its SPARtrac Global Retail Service Operations System. The enhanced system, culminating years of research, development and testing, has been designed to provide retailers and manufacturers the most ...

Thumbnail-Photo: MarketLive releases ML-API web service for online retailers...
05.06.2015   #multichannel commerce #app

MarketLive releases ML-API web service for online retailers

Opens MarketLive data to the rest of the commerce ecosystem

MarketLive, the leading e-commerce technology platform for fast-growing retailers, today announced the public release of ML API, a RESTful web service that allows real-time access into the MarketLive Engine and real-time data exchange between ...

Thumbnail-Photo: axiom telecom measures retail analytics across the Middle East...
25.05.2015   #data management #data analysis

axiom telecom measures retail analytics across the Middle East

Region's largest retailer of mobile devices will enhance operational efficiency and customer service

ShopperTrak announced that it has been selected by axiom telecom to analyse consumer behaviour across 112 retail locations in the United Arab Emirates and Saudi Arabia. This insight will be used to take axiom retail’s operational ...

Thumbnail-Photo: Technology and the changing face of „retailtainment“...
24.05.2015   #customer satisfaction #data management

Technology and the changing face of „retailtainment“

See the big picture with retail analytics

As society becomes increasingly experience-driven, the shopping centre industry finds itself redefining its offering to keep up with demands and requirements. ‘Retailtainment’, a term first used in 1999 by American Sociologist George ...

Thumbnail-Photo: Fast Fashion retailer rue21 selects Epicor QuantiSense...
22.05.2015   #data management #software applications

Fast Fashion retailer rue21 selects Epicor QuantiSense

Gaining a real-time comprehensive view of its business operations

Epicor Software Corporation announced that rue21, a leading specialty apparel retailer, has selected the Epicor QuantiSense Retail Business Intelligence suite to support enterprise-wide reporting and analytics across merchandising, store ...

Thumbnail-Photo: New features provide Google analytics and supplier benchmark data...
13.05.2015   #multichannel commerce #data analysis

New features provide Google analytics and supplier benchmark data

Stitch Labs releases powerful reports for retailers

Stitch Labs, the leading inventory control and multichannel selling solution, announced new reports developed by its in-house data team. With these latest additions, users can create custom reports, gather insight into supplier performance, and view ...

Thumbnail-Photo: “You should never collect data you would need to keep secret from the...
27.04.2015   #data management #customer relationship management

“You should never collect data you would need to keep secret from the customer“

Interview with Axel Jahn, Managing Director of Netpioneer GmbH

The increasing digitalization in retail helps retailers get to know their customers better. After all, the modern shopper leaves his/her data at every touchpoint – whether that’s in the online store, during mobile shopping or directly at ...

Thumbnail-Photo: “Data-driven companies are clearly more successful in eCommerce“...
10.04.2015   #online trading #e-commerce

“Data-driven companies are clearly more successful in eCommerce“

Interview with Alexander Reschke, CMO of Webdata Solutions

The eCommerce market is shaped in particular by its dynamics. Developments and trends move a lot faster than in pure brick-and-mortar retail and online retailers need to be able to respond quickly and remain flexible to changes in the market. In an ...

Thumbnail-Photo: ICSC signs global agreement with Path Intelligence...
01.04.2015   #consulting #data analysis

ICSC signs global agreement with Path Intelligence

Shopper location analytics provider brings insights

The International Council of Shopping Centers (ICSC) has signed a global sponsorship agreement with shopper location analytics company Path Intelligence. This exciting agreement fuses ICSC’s established and extensive network and resources with ...

Thumbnail-Photo: Moving Tactics South Africa launches retail analytics division...
31.03.2015   #retail #digital signage

Moving Tactics South Africa launches retail analytics division

New division is focused on gathering data from retail environments

Moving Tactics, a leading South African digital signage solutions company, has recently launched Moving Tactics Retail Analytics, a division focused on the gathering of data from brick-and-mortar retail environments through the use of a variety of ...

Thumbnail-Photo: Report: How Big Data can help retailers
06.03.2015   #data management #data analysis

Report: How Big Data can help retailers

The impact of Big Data and analytics in brick-and-mortar and online retailing

The report "Big Data keeps online and brick-and-mortar retailers from hitting the wall" provides an analysis of the rapidly growing MRLA market as defined by Stratecast. It examines how retailers can harness the power of analytics ...

Thumbnail-Photo: ShopperTrak to demonstrate latest in Location Based Analytics innovation...
05.02.2015   #data management #customer relationship management

ShopperTrak to demonstrate latest in Location Based Analytics innovation at EuroCIS 2015

Understanding the customer journey

The latest Location Based Analytics technologies are enabling retailers to engage with their customers better than ever before. According to IDC “The most successful retailers will find opportunities by putting mobility, analytics, cloud and ...

14.01.2015   #data analysis #database security

Number of cyber attacks on retailers drops by half

Despite an 50 percent decline in the number of cyber attacks against U.S. retailers, the number of records stolen from them remains at near record highs. IBM Security researchers report that in 2014, cyber attackers still managed to steal more than ...

Thumbnail-Photo: Opportunities and Risks with the Cloud
09.01.2015   #data management #data analysis

Opportunities and Risks with the Cloud

Retail Processes Are Optimized By Cloud Computing

Cloud computing can – if used properly – also have a huge potential for retailers to create flexible systems by making information, important applications and even entire business processes available and usable in real-time via the ...

11.11.2014   #data management #data analysis

Significant updates to Data Model Standards

The Association for Retail Technology Standards announced the approval of the ARTS Operational Data Model version 7.0, and the ARTS Data Warehouse Model 3.0. “ARTS released its very first version of the Data Model for Retail in ...

Thumbnail-Photo: Data-savings app for Android now available in Latin America...
06.10.2014   #data management #data analysis

Data-savings app for Android now available in Latin America

Using mobile data in Latin America just became much cheaper. Starting today, Latin Americans can download Opera Max, a free app for Android that provides data savings and management. This unique app gives users up to 50 percent more use out of their ...

Thumbnail-Photo: How to measure the impact of your visual merchandising...
29.09.2014   #data management #data analysis

How to measure the impact of your visual merchandising

Many customers make judgements about a brand based on its window displays

The store window is the first opportunity the retailer has to connect with the shopper, encouraging them into the store and hopefully guiding them towards a purchase. On an increasingly competitive high street, getting visual merchandising right is ...

Thumbnail-Photo: Evolution in the supply chain: the barcode to the Internet of Things...
22.09.2014   #data management #data analysis

Evolution in the supply chain: the barcode to the Internet of Things

Simon Walker, director of innovation at Stibo Systems

Changing shopping behaviours mean retailers are having to change how they engage with customers. As online mixes with the high street, shoppers are now browsing numerous channels, and they expect a consistent brand experience throughout that path to ...

Thumbnail-Photo: Aimia launches strategic partnership with Portugals leading retailer...
15.08.2014   #data management #customer relationship management

Aimia launches strategic partnership with Portugal's leading retailer

Aimia Inc. has announced the launch of a strategic partnership with Continente, Portugal's leading retailer from Sonae Group, to support a deeper understanding of its customers. This partnership will provide Continente with the ability to ...

Thumbnail-Photo: ShopperTrak Signs Journeys as 1,000th Customer...
01.07.2014   #data management #data analysis

ShopperTrak Signs Journeys as 1,000th Customer

Specialty lifestyle retailer partners with ShopperTrak to enhance in-store customer experience

ShopperTrak, the leading global provider of consumer behavior insights and location-based analytics, announced it has signed Journeys as its 1,000th customer. This milestone agreement aims to enhance the in-store customer experience at more than ...

16.01.2014   #data management #data analysis

ShopperTrak launches industry’s first hosted real-time reporting tool across an entire network of stores

Real-time visibility allows customers to benchmark and adjust sales strategies immediately to optimise store performance

ShopperTrak, the leading global provider of insights into shopper behavior and retail analytics, today introduced ShopperTrak Real-Time Reporting, the industry’s first reporting tool to measure traffic and sales information real-time across a ...

15.01.2014   #data management #data analysis

ShopperTrak insights adds functionality to seamlessly integrate with retailers’ existing systems, anywhere in the world

New capabilities deliver retailers traffic and sales insights in the easiest way yet

ShopperTrak, the leading global provider of insights into shopper behavior and retail analytics, today announced it has added four new capabilities to ShopperTrak Insights, an intelligent analytics reporting service for retailers around the ...

14.01.2014   #data management #data analysis

ShopperTrak integrates interior analytics within Insights Platform

New solution will enable retailers to determine reasons behind traffic and sales fluctuations and take action to drive additional revenue

ShopperTrak, the leading global provider of insights into shopper behavior and retail analytics, today introduced a new solution that integrates in-store (Interior) shopper behavior with the leading perimeter analytics through ShopperTrak Insights, ...

Thumbnail-Photo: Top reasons why retailers cannot ignore Big Data captured in store...
08.01.2014   #data management #data analysis

Top reasons why retailers cannot ignore Big Data captured in store

by Colm Roche, Sales Manager Central and Eastern Europe, ShopperTrak

Despite the fact that it could hold the key to the future of retail, many firms are still cautious when it comes to the concept of Big Data. According to PWC research, 62% of companies think Big Data could provide a competitive advantage for their ...

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Stibo Systems GmbH
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