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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. Data has become an essential resource and a key element in the growth strategy of large retail organizations. ravi.kumarv@cgi.com.

Retail 96
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Selling and utilising personal data in an insolvency situation

Data Protection Report

Many businesses are suffering serious financial difficulties as a result of COVID-19, particularly those in the retail, hospitality and tourism sectors. For example, in February of this year, the FCA and ICO issued a joint statement warning regulated firms and insolvency practitioners of their responsibilities when dealing with personal data.

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It’s time to think twice about retail loyalty programs

Thales Cloud Protection & Licensing

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. But it looks like my own personal data has been breached – again. But none of these reasons rose to the top in retail. Not used in years. Not worried about customer churn?

Retail 65
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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

Source (New) Software Luxembourg Yes 3,600,000 National Automobile Dealers Association Source (New) Retail USA Yes 1,065,000 Consórcio Canopus Source (New) Professional services Brazil Yes 1,400,000 The Teaching Company (Wondrium by The Great Courses) Source (New) Education USA Yes 1.3 TB Gräbener Maschinentechnik GmbH & Co.

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How to Take Your Business to The Next Level with Data Intelligence

erwin

Transforming Industries with Data Intelligence. Data intelligence has provided useful and insightful information to numerous markets and industries. With tools such as Artificial Intelligence, Machine Learning, and Data Mining, businesses and organizations can collate and analyze large amounts of data reliably and more efficiently.

Analytics 103
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We Have Yet to Clothe Ourselves In Data. We Will.

John Battelle's Searchblog

Imagine further if I could mash it up with other data entities – be they friends of mine, bands I like, or even brands? Our current model of data use, in which we outsource individual agency over our data to huge factory farms, will soon prove a passing phase. An example. In other words, software will eat the store.

Retail 109
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After the Token Act: A New Data Economy Driven By Small Business Entrepreneurship

John Battelle's Searchblog

Since moving to the area from California, she’s noticed two puzzling trends: First, a dearth of interesting mid- to high-end dinner spots walking distance from her new place, and second, what appears to be higher-than-average vacancy rates for the retail storefronts in the same general area. So why aren’t new places launching?