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Digital Transformation In Retail: The Retail Apocalypse

erwin

Much like the hospitality industry , digital transformation in retail has been a huge driver of change. One important fact is getting lost among all of the talk of “the retail apocalypse” and myriad stories about increasingly empty shopping malls: there’s a lot of money to be made in retail.

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6 ecommerce trends to watch

IBM Big Data Hub

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In what McKinsey refers to as “the e-commerce catch-22,” many retailers with significant growth in ecommerce sales through 2020 and 2021 saw their margins decline.

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The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

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Catches of the Month: Phishing Scams for July 2022

IT Governance

The organisation’s head of security, Cory Hardman, said that the breach occurred when an employee at a third-party email delivery vendor downloaded the details of OpenSea users and newsletter subscribers. According to the report, the industry most likely to be targeted was the financial sector. It found that 23.6% of incidents.

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Xerox Unveils New Services Offerings to Advance Clients’ Digital Transformations

Info Source

March 27, 2019 – Today, Xerox (NYSE: XRX) announces a new services portfolio , comprised of five horizontal and four industry-specific services that are built to address clients’ digital transformation imperatives. NORWALK , Conn., Xerox Sector-Specific Services. Availability.

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Types of enterprise resource planning (ERP) systems

IBM Big Data Hub

ERP solutions are built to meet the needs of organizations across multiple industries including retail, consumer products, industrial, energy and utilities and government (including defense). Some ERP software providers may also provide industry-specific ERP solutions or modules.

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List of Data Breaches and Cyber Attacks in March 2021 – 21 Million Records Breached

IT Governance

Don’t be fooled by the fact that we only recorded 20,995,371 breached records in March; it was one of the leakiest months we’ve ever seen, with 151 recorded incidents. By comparison, there was a seemingly Lilliputian 82 recorded breaches in January and 118 in February.