The retail industry’s big annual show sponsored by the National Retail Federation opens Monday in New York – and Teradata will be there, raising intelligence! In the same way our database platforms provide insight and foresight for seventy percent of the world’s top retailers, our team will show and tell exactly what’s hot and what’s next in retail intelligence in 2010. Please visit us at NRF booth 1453 and learn more about the ways retailers are squeezing more value out of the huge detailed information assets they have. It’s all about high-speed advanced analytics, and that’s a well-known sweet spot for Teradata.
We know that smarter shoppers are expecting smarter sellers in retail as the action is happening on every possible selling channel – especially online. The IT analysts call it ‘multichannel, multi-step customer relationship management.’ That translates to engaging individual customers with relevance and consistency anywhere, anytime. And merchants know they had better have the detailed information shoppers want as they make buying decisions. In 2010, integrated web intelligence, using atomic level interaction data with a data warehouse … will be as hot as the surface temperature of Venus. That’s about 900 degrees F – hot enough to melt the market!
Demand forecasting is also getting hotter in 2010, and big retailers are relying more than ever on predictive projections and analytics to optimize demand chain performance.
As for me, I am excited about retail – despite the economic pressures. In the past year we’ve seen more retailers choose Teradata for database intelligence – and many of our existing retail customers are expanding their data warehousing and information optimizing capabilities. The list includes Home Depot, Amazon.com, Rakuten, Aeropostale, Cabela’s, Shop Direct, Sheetz, Haggen, Tesco, Williams-Sonoma, JD Williams, GAP Inc., JCPenney, Sears, METRO, Overstock.com, Limited Stores and Carrefour.
As cold as it’s been outdoors lately, there’s a lot that’s hot in retail. The NRF show will continue to be a great place to find out what’s warming up. So follow the business heat to New York City and look for Teradata. We can tell you what the retail temperatures are.
