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2022 Retail Industry Year in Review

Hunton Privacy

On January 25, 2023, Hunton Andrews Kurth’s retail industry team released its annual Retail Industry in Review publication, which provides an overview of key issues and trends that impacted the retail sector in the past year, as well as a preview of relevant legal issues retailers can expect to arise in 2023.

Retail 61
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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency. AWS’s scalable infrastructure allows for rapid, large-scale implementation, ensuring agility and data security.

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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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Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. Some kinds of data, like biometrics and social security numbers, require stronger protections than others.

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TA505 group updates tactics and expands the list of targets

Security Affairs

Trend Micro revealed that the TA505 group that is behind the Dridex and Locky malware families continue to make small changes to its operations. TA505 hacking group has been active since 2014 focusing on Retail and banking sectors. In the middle of July, Trend Micro observed for the first time attacks leveraging.

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Conversational AI use cases for enterprises

IBM Big Data Hub

Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends. In the back end, these platforms enhance inventory management and track stock to help retailers maintain an optimal inventory balance.

Analytics 105
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5 Ways You Can Get More from Your Terminal Emulator

Rocket Software

For businesses that rely on mainframes, secure access to the data stored there is simply a business requirement. For instance, in the retail industry, mobile-enabled terminal emulation means sales representatives can get the answers they need on the floor without leaving the customers’ side. Reduce costs without compromising security.

Retail 52