1 result for tag: Retail


¿Optimize Retail business? Do it with Big Data + RTLS

The main idea of Big Data is to transform data into knowledge, and knowledge into impact. Big Data has a lot of applications to many sectors but now we are going to see five situations about how big data can positively affect to retail companies. Optimize logistic systems and storage costs: that will allow the company to increase profits and reduce costs. Predict consumer demand: that fact affects directly to the last situation because if you know what and when the consumers are going to buy you can reduce storage costs. Cross-selling: with the correct data recollection, a company can know the habits and behaviour about his customers. So ...