Posts tagged ‘#bdw14’

The Numbers Behind The High Street Retail Battle

In the run up to Christmas 2013, what would have influenced you to purchase items on your local high street, rather than online? The UK’s shopping habits have changed beyond recognition over the past decade. The high street’s continuing decline at the expense of global online retailers is well documented. Even with recent and much-publicised government initiatives, such as the Mary Portas-led review, which are intended to drive footfall back to local centres, most are still struggling with shop closures and high vacancy rates. Acxiom polled 2,582 online shoppers in late October and asked what factors would influence them to make purchases on their local high street rather than online in the run-up to Christmas 2013. The results reveal that local authorities […] Continue Reading

Big data Analytics in Retail

All the industry leaders like Wal-Mart, Axa, Citibank, Humana, GE and several others are exploring how Big Data analytics can be used to better understand customer needs, pinpoint risk, improve marketing, enhance the customer experience, combat fraud, and drive profitability. Companies are seeking ways to rebuild their customer relationships in this time of extremely high customer expectations. Retail industry is among the early adopters and innovative users of big data. But they have the challenge of tackling the huge data since 1970s when barcodes were first introduced to scan the products at POS. All sorts of supply chain data came into effect later in 1980-90s while RFID and other sources such as surveillance video cameras started sending humongous data to […] Continue Reading

The Connected Society

In May 2014, Big Data Week will launch the third edition of the festival with a narrative that will bring together the many strands and domains of data into an umbrella theme: ‘The Connected Society’. Data connects people and society. It’s the backbone of our economies, smarter cities and healthier and better informed citizens. It can help shape our future – Big Data Week will explore three themes across a week of events in 40 cities discovering and sharing new ideas and technologies that will shape our future in 2014 and beyond with a mixture of workshops, discussions and examining real world use cases across three continents. Internet of Things We’ll explore the Internet of Things (IoT) a trend that […] Continue Reading

Why Hadoop Is Important in Handling Big Data?

Hadoop is changing the perception of handling Big Data especially the unstructured data. Let’s know how Apache Hadoop software library, which is a framework, plays a vital role in handling Big Data.  Apache Hadoop enables surplus data to be streamlined for any distributed processing system across clusters of computers using simple programming models. It truly is made to scale up from single servers to a large number of machines, each and every offering local computation, and storage space. Instead of depending on hardware to provide high-availability, the library itself is built to detect and handle breakdowns at the application layer, so providing an extremely available service along with a cluster of computers, as both versions might be vulnerable to failures. […] Continue Reading

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