article thumbnail

8 Considerations for Retailers Investing in AI-powered Video Surveillance

Pure Storage

8 Considerations for Retailers Investing in AI-powered Video Surveillance by Pure Storage Blog One might think retailers started the new year feeling festive after wrapping up a robust 2023 holiday shopping season. But a concurrent trend—rising retail shrink—is eroding retailers’ profitability and feelings of good cheer.

Retail 114
article thumbnail

Helping Achieve Sustainable IT in the Retail Industry

Pure Storage

Everywhere you look in the retail industry, the business landscape is changing. Omnichannel marketing is revolutionizing how retailers reach customers. Another topic shaking up retail is sustainability. Another topic shaking up retail is sustainability. But how much progress are retailers making?

Retail 93
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Infrastructure as a Service Makes a Difference for Retailers

Pure Storage

The Secret Retailers Need to Know? Infrastructure as a service is the secret that more retailers need to know about. The IDC report, “ Retail Industry Cloud Investment Guide for 2022” (download it for free), notes that the largest global retailers increased infrastructure as a service spending by 40% from 2020 to 2021.

Retail 90
article thumbnail

What CMOs Need to Deliver Better CX in 2022

Pure Storage

In the retail industry alone , CRMs and streaming will increase the need for bandwidth and availability:². Live streaming : By 2023, 40% of retailers will have integrated live streaming capabilities into their commerce platforms, increasing e-commerce conversion rates by at least 10%.

Retail 99
article thumbnail

6 Ways Big Data Analytics Can Drive Down Costs

Pure Storage

For example, big data can help retailers build profiles and set thresholds for normal customer behavior regarding the purchase of a specific product over a period of time. With this baseline established, retailers can then identify customers whose behaviors indicate that they may be committing return fraud.

article thumbnail

5 Ways to Optimize Your Supply Chain with Analytics

Pure Storage

Supply chain analytics is the analysis of aggregated data from a variety of different sources, including application systems for procurement; inventory, order, and warehouse management; fulfillment; and transportation management (including shipping). Improve Revenue, Margins, and Retailer Satisfaction.

article thumbnail

Optimize Your SAP HANA Landscape with Modern Performant Infrastructure

Pure Storage

As the deadline approaches to upgrade SAP landscapes to the SAP HANA platform, customers are starting to put together their project plans for how they’re going to tackle what is usually a major IT initiative on their most critical business applications. A typical ERP system has seasonal events (e.g.,