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Competition is stiff, but retailers know what it takes to compete

CIO

Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today.

Retail 243
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus. This choice was bolstered by third-party benchmark reports, which highlighted significant advantages such as approximately 35% lower total cost of ownership (TCO) compared to traditional solutions.

Banking 448
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Should you build or buy generative AI?

CIO

Whether it’s text, images, video or, more likely, a combination of multiple models and services, taking advantage of generative AI is a ‘when, not if’ question for organizations. CIOs want to take advantage of this but on their terms—and their own data. As so often happens with new technologies, the question is whether to build or buy.

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Data Outsourcing Strategies Can Skyrocket Your Website Brand

Smart Data Collective

You can position yourself as a major retailer, when in fact, you’re a teenager working from your bedroom. Many virtual assistants will also be able to speak several languages – a potentially huge advantage and asset to have available to you if you serve an international market.

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Take Advantage Of Operational Metrics & KPI Examples – A Comprehensive Guide

Datapine Blog

By establishing clear operational metrics and evaluate performance, companies have the advantage of using what is crucial to stay competitive in the market, and that’s data. Retail: Order Status. Retail: Sales by Region. But first, let’s begin with a general understanding of key metrics and their usage in business.

KPI 107
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Social commerce: A guide for brands and retailers

bazaarvoice

Snapchat: This year Snapchat launched AR Enterprise Services (ARES) to help brands take advantage of AR and AI shopping options. Brands can and should use the content created within their social media networks on their other sales channels, like e-commerce websites, emails, blog posts, and third-party retail sites.

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What Are Business Reports And Why They Are Important: Examples & Templates

Datapine Blog

Tracking them and visualizing them through a modern dashboard is a competitive advantage for your investors’ report. Retail store dashboard company report example. Retail is one sector where it pays to utilize your data to its full advantage. It’s a must-have reporting tool for any modern sales team. click to enlarge**.

Business 119