How Fashion Industry Benefits From Big Data

Posted Leave a commentPosted in Artificial Intelligence, Big Data, big data and retail, fashion, fashion industry, Pattern recognition, retail, SmartData Collective Exclusive

Many of the readers are not in the fashion industry. However, those involved in the Big Data sector should take note of the $2.4 trillion fashion industry; an industry that has experienced an annual growth rate of 5.5 to 7 percent for the past decade. Big Data is touching aspects of the industry ranging from […]

3 Ways Big Data And Business Intelligence Can Improve Your Business

Posted Leave a commentPosted in Analytics, Big Data, Business Intelligence, Data Quality, ecommerce, retail, SmartData Collective Exclusive

Enterprises collect an unprecedented volume of data about their consumers, sales, and products. In most scenarios, these rows of information move very fast, are too big, or they surpass the processing capacity of the existing technology applications in the organization. But with big data and business intelligence, enterprises get to enhance operations, their profit margins, […]

Retail Data And Shopping In The Digital Age

Posted Leave a commentPosted in Big Data, Business Intelligence, CRM, Market Research, retail, retail data, SmartData Collective Exclusive

Technology has changed the way businesses operate. Because the customer has a more direct hand in the way transactions are processed, more companies are taking a customer-centric approach. Being customer-centric means the customers wants and needs are everything. To identify those wants and needs, you have to use data. Data allows us to take general […]