Internet of Things
March 25, 2020 at 2:36 pm
From Kmart to Forever 21, numerous retail brands closed locations, laid off employees, and filed for bankruptcy in 2019. While the drivers behind these unfortunate circumstances varied, most resulted from a failure to digitally transform — i.e., an inability to successfully use modern tools to best engage target customers. To avoid similar fates, retailers today…
March 24, 2020 at 4:15 pm
When it comes to embracing the Internet of Things (IoT), the retail sector takes the top spot in PwC’s 2019 IoT survey. This trailblazing industry has the highest percentage of companies with active IoT projects: 58 percent, compared with only 48 percent for the total number of survey respondents. Furthermore, another 30 percent of the retail…
March 17, 2020 at 2:19 pm
It’s been well-documented that new technologies — in particular, artificial intelligence (AI) and Internet of Things (IoT) — will change our digital lives, but their uses extend even further than we may realize. By 2023, the worldwide number of IoT-connected devices is predicted to increase to 43 billion, three times more than 2018. With such…
February 13, 2020 at 11:02 am
Retailers are accelerating efforts to become more “intelligent” as they try to stay ahead of competitors and customer demand, as revealed in Zebra’s 2019 Intelligent Enterprise Index. In fact, retail gained the most momentum of all sectors over the last 12 months, graduating from the bottom of the 2018 vertical Index rankings to nearly the…
February 13, 2020 at 10:43 am
For retailers, Internet of Things (IoT) is a technology that has taken some time to figure out exactly how it can be used properly, but it seems that it is indeed starting to find some semblance of a home within the industry, according to our new research. In our fifth annual study on IoT, we…
October 24, 2019 at 9:34 am
When it comes to digital transformation in retail, omnichannel marketing and the customer-first approach are dictating the trend. Data collection, personalization and general convenience of customer experience (CX) are especially in the spotlight, creating demand for any technology enabling them. In this environment, Internet of Things (IoT) in retail is still a relative newcomer among…
October 10, 2019 at 9:24 am
Like many industries, retail is embracing Internet of Things (IoT) transformation. The expansion of IoT technology in retail is expected to reach more than $35 billion by 2020. Retailers are using IoT technology to enhance customer experience, reduce costs, drive growth and improve overall performance. There are many ways in which the retail industry can…
August 26, 2019 at 1:36 pm
The consumer products and retail industry has undergone an evolution from mall to mail over the past decade. Brick-and-mortar retailers have aggressively sought out ways to remain competitive against the rising popularity of online shopping. E-commerce outlets are able to take advantage of a variety of tools to tag a consumer’s purchase history and autonomously…
August 8, 2019
Cradlepoint surveyed 200 retail professionals in May 2019 at RetailEXPO 2019, Europe’s leading event for retail technology, design and digital signage
July 31, 2019 at 10:46 am
According to recent data, the majority of retailers think artificial intelligence (AI) will be a competitive necessity in the next few years. This comes as no surprise, with the expansive list of benefits that AI brings to the retail industry, including improved customer experience, reduced operational costs and increased efficiency. As retailers are rushing to…
