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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 492
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The retail edge: Where data powers game-changing customer experiences

CIO

The future of retail is omnichannel The last three or four years have changed retail forever. 1 But despite some of the benefits of online sales, this isn’t all good news for retailers. 2 Dell Developing omnichannel omniscience requires edge data insights Now, more than ever, the edge is valuable territory for retailers.

Retail 494
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Software vendors offer AI sales boost for retail at NRF show

CIO

As they take stock after the year-end frenzy of shopping the holiday season always brings, retail CIOs attending the National Retail Federation’s annual show, NRF 2024, may be wondering how they can improve their IT systems’ performance over the next 12 months. year on year in the first 11 months of 2023, AI or no AI.

Retail 395
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The Importance of Identity Management in Security

CIO

And while all organizations work hard to prevent attacks through traditional security measures such as multi-factor authentication, patching, training, and more, the bad guys increasingly find their way in through poorly thought-out, scattered access and identity management practices. billion global financial loss, according to some sources.

Security 457
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Investing in Data Solutions To Streamline Your Retail Business

Smart Data Collective

However, big data can also be invaluable when it comes to operations management as well. The retail sector, in particular, can benefit immensely from a shift towards a data-driven business model. Big Data Technology is the Key to Simplifying Retail Businesses. This could help considerably improve operational efficiency.

Retail 334
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Salesforce to acquire data protection specialist Own Company for $1.9 billion

CIO

Cloud-based CRM vendor Salesforce on Friday signed a definitive agreement to acquire data protection and data management solutions company Own Company for $1.9 billion bid to acquire enterprise data management software provider Informatica earlier this year. billion in cash. The deal comes in the wake of Salesforce’s failed $11.2

Loss 476
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What is predictive analytics? Transforming data into future insights

CIO

Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. The technology helps adopters in fields as diverse as finance, healthcare, retailing, hospitality, pharmaceuticals, automotive, aerospace, and manufacturing.