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Data monetization: driving the new competitive edge in retail

CGI

Data monetization: driving the new competitive edge in retail. Retailers are fully aware that their future relies largely on their ability to use data efficiently. However, in today’s dynamic and highly competitive retail sector, retailers need to accelerate their plans and commit resolutely to the path of data monetization.

Retail 96
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The customer experience evolution: Today’s data-driven, real-time discipline

IBM Big Data Hub

For example, McKinsey found that 50% of consumers reported they would switch brands if their preferred brand was unavailable due to shortages. How we arrived at this CX environment Early days of retail Before mass media, it was harder to know what other products were available outside of the ones offered by the local store.

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Guest Blog: TalkingTrust. What’s driving the security of IoT?

Thales Cloud Protection & Licensing

Guest Blog: TalkingTrust. There are so many reasons why manufacturers connect their products to the Internet, whether it’s industrial machines, medical devices, consumer goods or even cars. Additionally, many auto manufacturers now have the ability to remotely update software to fix vulnerabilities or even upgrade functionality.

IoT 77
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Achieve Data Center Excellence with IBM and VMware

IBM Big Data Hub

Sometimes, we can look to others who have gone before us for inspiration and examples to help shape our vision for success. For inspiration, look across industries to uncover examples of data center success. Explore services for cloud migration The post Achieve Data Center Excellence with IBM and VMware appeared first on IBM Blog.

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Building a sustainable automotive supply chain

IBM Big Data Hub

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue. The post Building a sustainable automotive supply chain appeared first on IBM Blog.

B2B 68
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The most valuable AI use cases for business

IBM Big Data Hub

For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions. For example, a supply-chain function can use algorithms to predict future needs and the time products need to be shipped for timely arrival. Routine questions from staff can be quickly answered using AI.

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How AI is helping companies meet sustainability goals

IBM Big Data Hub

If we think about asset maintenance, for example, the questions are which technicians are available, where, and how should their work be prioritized. Anomaly detection: Some manufacturers have zero-defect goals. It’s not about minimizing travel. AI can tackle problems like asset maintenance efficiently.