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IT leaders: check out how 2D barcodes and RFID are reinventing retail

CIO

The retail landscape has undergone massive shifts in recent years to adopt self-checkout systems. But major retailers like Walmart, Target, and Dollar General are starting to phase out self-check in some locations because they’ve contributed to higher rates of shoplifting and inventory loss. The benefits are potentially huge.

Retail 489
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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. But Nvidia suggests that its loss prevention technology could eliminate 30% of shrinkage. The workflows are built on Nvidia’s existing AI technology platform.

Loss 276
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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics has captured the support of wide range of organizations, with a global market size of $12.49 Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. from 2022 to 2028.

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AI Technology is Essential for Online Fraud Prevention

Smart Data Collective

One particular scam called fraudulent Buy Online Return In-Store (BORIS) is thought to have cost retailers a staggering $1.6 This dedicated squad operates entirely in the online world, building algorithms that make online purchases safe and limited the losses that can come through fraud. It’s not just about preventing losses, though.

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Strengthening Retail’s Resilience Against Ransomware

CIO

Organizations of every size and sector are experiencing a rising tide of ransomware attacks, resulting in the collective global loss of billions of dollars and untold brand damage. Nowhere is this more true than in retail, where ransomware represents a unique set of challenges and risks. It’s a massive surface to protect.

Retail 352
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The Importance of Identity Management in Security

CIO

billion global financial loss, according to some sources. Think of the dual identities needed in terms of production and business for mining, agriculture, oil and gas, transportation, hospitality, retail, and logistics, as well as policing and the military. When should a developer access data on-premises or in the public cloud?

Security 449
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CIOs Discuss how to Enhance the Digital Experience Across the Business

CIO

There are 12 million people who are deaf or have a hearing loss in the UK, and sadly they are massively underserved by most businesses, retailers, and organisations. Victoria Williams , CEO of Terptree , will speak with Arif Mohamed at CIO UK on how to create deaf employee and customer experiences.

Business 370