Comments on: Transforming retail with analytics and decision management

By: Jeff Fisher

Jeff Fisher — Wed, 31 Mar 2010 11:57:57 +0000

Good article. But for most retailers words like transformation are scary.
There is an urgent need for easy-to-deploy solutions for small and medium size retailers.
Emcien offers an analytics solution the converts POS data into customer buying patterns, that retailers can act on.

By: Tyler Frieling

Tyler Frieling — Tue, 17 Feb 2009 15:40:48 +0000

James, Good insight. I can say that based on our experiences at Istobe and my 10 years of BI/Analytics/Data mining experience you hit the nail on the head by stating that the real ROI of an analytics solution is when they are used to drive decision support, basically when used at a strategic and tactical level.
In the past the reports seemed to be created to support already defined decisions/strategy. Current tools enabling the business line to help define strategy is pretty exciting and is what makes data drive success.
As an obvious plug we are trying to help retailers succeed by providing free retail analytics tools . Hopefully they help retailers stay afloat in these tough times. If nothing else the tools further support the idea that technology exists to implement analytics. https://scorecard.istobe.com/

By: With Data Mining you can even scare Walmart… » JT on EDM

With Data Mining you can even scare Walmart… » JT on EDM — Thu, 12 Feb 2009 20:42:00 +0000

[...] blogged recently about the growth of analytics in retail and the success of companies like Tesco is only going to push this growth along [...]

By: With Data Mining you can even scare Walmart… » JT on EDM

With Data Mining you can even scare Walmart… » JT on EDM — Fri, 16 Jan 2009 15:24:04 +0000

[...] data mining to operational decisions – decision management. I blogged recently about the growth of analytics in retail and the success of companies like Tesco is only going to push this growth along faster. If you are [...]