Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Friday, May 18, 2018

What Lies Ahead For e-Commerce?

E-commerce is big on execution. If all things are aligned, success should follow, provided that there’s enough traffic and time for a website to be established. There are still many things that remain uncertain for e-commerce, yet some things are for sure.

Personalization and customer experience will be better in the near future as it will be crucial for winning and keeping the customer in the seasons to come. In this time and age, consumers have little time to spare for irrelevant information. Thus, businesses that deal with customer experience transformation can hold the hearts and minds of customers. Products and information will assist SMEs in standing out from the crowd online and keep customers wanting for more as they provide personalized services.

Image source: pexels.com

Delivery drones are making their way into reality, thanks to continuous testing and improvement. This is perhaps the most exciting development in e-commerce; drones will be sent out from distribution centers and fly directly to the provided delivery address, with a promise of significantly lower cost and logistical inconvenience than the industry’s current status.

Pop-up shops bridge the gap between online and offline retailing. This kind of shopping experience can provide customers with the chance to connect with a company’s brand in a physical manner while helping the business have an impact on corners of the market that might otherwise have been impossible through online channels. E-commerce is improving by the minute, with businesses and customers on the lookout for the latest development with regard to their shopping experience.

Image source: pexels.com

Abhishek Gattani is a senior director at Walmart Labs and, as head or search, spearheaded the launch of the company’s search engine and e-commerce platform, Polaris. For similar reads, visit this blog.



Saturday, September 30, 2017

The big data trends of 2017

The term big data refers to sizeable and complex sets of information that need special types of processors to be of any use to an organization. It has increasingly been associated with various methods of data analytics because of its usefulness in the understanding of trends, behaviors, and whatnot once data is subjected to rigorous analysis. Discussions on big data also include the rapid growth of data sets through the widespread use of devices capable of capturing them. From mobile phones to RFID readers, the collection of data is becoming more effortless than ever. 

Image source: pixabay.com

Big data analytics has become one of the most controversial disruptive technologies introduced late in the Information Age. According to most technological predictions, it will continue to change the landscape of data processing as innovations continue to utilize the information embedded in these sets. For one, tech companies are banking on the implications of big data analytics on the future of artificial intelligence. Products that add to the Internet of Things network are being pushed out and consequently improved year in year out by tech giants that demonstrate how the development of AI can benefit a lot from big data. 

Since part of the challenges faced by companies with large data sets is storage, processing, and sharing, a lot of them are moving to cloud platforms and services that can offer much flexibility in the management of data. And if corporations are truly becoming more serious by the minute about big data aggregation plans, dark data will continue to be a valuable resource for businesses. Leaders have recognized the value of unutilized data in providing a more comprehensive picture or perspective of performance and trends. 

Image source: pixabay.com

Abhishek Gattani is a graduate of the Rensselaer Polytechnic Institute and the founder of the companies Cuberon, Big Refunds, and Fireball Solutions. He has also worked for other companies like Kosmix, Stryker, and Newgen Software Laboratories. At Walmart Labs, he holds the title of distinguished architect. To learn more about his professional work, visit this LinkedIn page.