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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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Process Excellence: A transformational lever to extreme automation

IBM Big Data Hub

What do a Canadian energy company, a Dutch coffee retailer and a British multinational consumer packaged goods (CPG) company have in common right now? All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. dollars annually in direct or indirect procurement.

Mining 71
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Call Center Modernization with AI

IBM Big Data Hub

Think of the example above—long wait times and unanswered questions can only lead to frustrated customers and agents and slower businesses. It mines data, customizes interactions and is continuously learning. “ *Insert Name*, transferring you to one of our agents who can answer your question about coverage abroad.” .

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

This iterative process is known as the data science lifecycle, which usually follows seven phases: Identifying an opportunity or problem Data mining (extracting relevant data from large datasets) Data cleaning (removing duplicates, correcting errors, etc.) They may also use tools such as Excel to sort, calculate and visualize data.

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Call center modernization with AI

IBM Big Data Hub

Think of the example above—long wait times and unanswered questions can only lead to frustrated customers and agents and slower businesses. It mines data, customizes interactions and is continuously learning. “ *Insert Name*, transferring you to one of our agents who can answer your question about coverage abroad.” .

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Application modernization overview

IBM Big Data Hub

Many are addressing this via building accelerators that could be customized for enterprise consumption that helps accelerate specific areas of modernization and one such example from IBM is IBM Consulting Cloud Accelerators. We will explore key areas of acceleration with an example in this article.

Cloud 98
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South African print market growth lagging behind African recovery

Info Source

For example, they are exploring how customer expectations are changing and how they can tailor their offers accordingly. Over the past year, Libraries and Archiving, Education, Mining, Media Companies, and Agriculture have also demonstrated noteworthy progress towards adopting digitalisation, resulting in increased scanning needs.