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Simtoon Software - Vlog 1 - Duration: 1:34.
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Scanalytics Inc. Detailed Analytics of Customer Flow | IDZ Weekly | Intel Software - Duration: 1:55.
Brick and mortar businesses can derive significant advantages
from gathering and analyzing data about consumer behavior
patterns.
For example, data analytics allows
retailers to increase sales per visit,
improve inventory management, and enhance experiences
by offering the products and services customers
are looking for.
I'm Stephanie Essin, and in this episode of IDC Weekly,
we take a look at Scanalytics together
with Intel and their development of a simple solution
that offers retailers precise data insights
into their consumers' behavior.
According to McKinsey and Company,
data analytics has the potential to increase net retailer
margins as much as 60%.
Data analytics allows retailers to take advantage of strategies
like market basket analysis, which
can assess what products get a boost when adjacent products go
on sale.
Scanalytics uses their Sole-Sensor intelligent floor
sensors to monitor foot traffic with remarkable accuracy
and deliver data-based insights that can improve almost
every aspect of a business.
This data is processed in the cloud
and sent to end users via data dashboards for analysis.
Smart gateways powered by Intel technology
are also employed and could provide edge analysis that
leads to real time insights and alerts right on the sales
floor.
Check out this article to gain a comprehensive understanding
of how it works.
And who knows-- maybe it could be useful in your next IoT
solution.
It's been a fantastic 2018, and we want
to thank you all for watching.
We look forward to bringing you more news from around Intel.
And from all of us here in the studio, happy new year.
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