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The traditional data analytics in retail industry is experiencing a radical shift as it prepares to deliver more intuitive demand data of the consumers. The rise of online shopping may have a major impact on the retail stores but the brick-and-mortar sales aren’t going anywhere soon. According to Euromonitor International, it is projected that 83% […]Know More
If you are a business owner, you already know the importance of business security. Most of the businesses are just one ‘security mishap’ away from a temporary or a total failure. Security mishaps come in different sizes and shapes, such as the occurrence of fire or thefts happening inside your business premises. All these mishaps […]Know More
When we interact with our government, we expect those experiences to meet a higher standard of quality, just like any other services. Unfortunately, the public sector often fails to meet those standards. Government agencies and civic bodies must find a way to improve their service and efficiency. Finding modern ways of engaging with the citizens, […]
Agriculture in the 21st century faces many challenges. It has to produce more food to meet an ever-growing population with fewer resources. The latest UN projections say that the world population will rise from 6.8 billion to 9.1 billion in 2050. To meet this demand, agricultural productivity will have to rise by at least 60%. […]
Have you ever met with a vehicle accident? If you did, most likely you are familiar with the hassles involved in the vehicle insurance claiming. Filing an insurance claim and having it processed can be the most tedious and frustrating part of the entire insurance settlement. The processes involved are slow and opaque — this is because the claims are […]
The landscape of the retail industry is constantly changing. The rising competition and thin margins are imposing several challenges on the retail industry. It is no longer as simple as the Supply Vs Demand theory. Channels are proliferating and consumers expect more from their retailers. In addition to that, there is so much competition and […]
Facility management refers to the management, planning, operations and maintenance of an organization’s property portfolio such as land, buildings, infrastructure, and other facilities. It ensures functionality, safety, and efficiency of a facility while smoothly integrating people, process, and various technologies. Many businesses today have realized that a well-managed facility helps companies to increase profit. An effective […]
The success of any business depends on its ability to convert first-time visitors into satisfied customers. For a business to survive, it needs customers. But for a business to scale, it needs those customers to come back, again and again. Studies show that 40% of a retail store’s revenue is created by only 8% of its customers which […]
The world population is moving to cities, fast and for the long term. It is estimated that by 2050 over 60% of the population will be living in the cities. As people increasingly migrate to cities for a better opportunity, there is a need for intelligent smart city solutions to create sustainable, efficient and beneficial […]
The traditional data analytics in retail industry is experiencing a radical shift as it prepares to deliver more intuitive demand data of the consumers. The rise of online shopping may have a major impact on the retail stores but the brick-and-mortar sales aren’t going anywhere soon. According to Euromonitor International, it is projected that 83% […]
Artificial Intelligence and its growing influence on individuals and businesses are one of the most widely discussed topics of the world today. These days, we are witnessing artificial intelligence transforming businesses in nearly all industries to perform far more efficiently. Artificial intelligence in banking industry or BFSI in general opens up a new world of opportunities that could […]
For years, a practical application of Blockchain technology in the insurance industry has remained just in theory. But today, with the proper utilization of decentralized ledger technology, operational as well as effective solutions for enhancing several processes in the insurance industry is practical. Before jumping into details, let’s take a quick look into the history of blockchain technology in the insurance […]
With the advent of e-commerce, store retailers have seen a considerable reduction in the footfall. Many tech pundits went as far as to say that physical stores would be shut down eventually, but the reality wasn’t as drastic. Physical stores continue to and will always be around as long as they are able to offer […]
AI based intelligent video analytics is one of the widest used technology in the business world. Intelligent video analytics transforms data gathered through video surveillance into real world results. The success of any organization is determined by how that organization understands its customers and employees. The more you know about your customers, the better chances […]