If data is the new business currency, then predictive analytics are the means in which organizations can take control of that currency to maximize its benefits.
Overall spending on Artificial Intelligence (AI) systems is projected to reach $79.2 billion in 2022, which is more than double the amount spent in 2019.
According to a recent retailer’s report conducted by Blue Yonder, only 14% of the 300 executives surveyed say their fulfillment locations are fully automated.
Although achieving a 360-degree view of customers isn’t a new concept by any stretch, retail organizations are still struggling to achieve this critical feat from a data management perspective.