Mobile and social lead the list of hot tech trends for retailers, but they had company at the National Retail Federation's Big Show 2012. Here's a basket full of ideas to check out.
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SAS Predicts Best Prices And Promotions SAS announced at NRF that its Price Optimization and SAS Promotion Optimization apps have joined SAS Markdown Optimization on the SAS High-Performance Computing platform. Running on EMC or Teradata platforms, this combination lets retailers quickly mine big data to nimbly set, adjust, and analyze prices at the SKU-store level to maximize sell-through and revenue. SAS also highlights SAS Retail Planning, including predictive Retail Assortment Planning and Retail Financial Planning apps. Making decisions based on fact is better than guessing if you want to optimize price and size assortment planning and space usage.
Building A Mobile Business MindsetAmong 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps – and it's past time for those with no plans to get cracking.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?