PYMNTS
OCTOBER 16, 2020
Harnessing consumers’ digital information is critical to the success of any business, and data analytics and artificial intelligence (AI) can be especially powerful tools. Fast-food giant McDonald’s was not interested in using AI or data analytics until it noticed that many of its competitors were benefiting from the technologies.
PYMNTS
JULY 6, 2018
As such, grocers are turning to old retail standbys — sales and discounts — to help spur purchases, and for good reason. Sales and promotions won’t attract customers if consumers don’t know they exist, though, and many stores are now working to find improved, tech-fueled ways to better promote their discounted goods.
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Collectiv
JUNE 13, 2023
Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.
PYMNTS
NOVEMBER 12, 2018
We are accumulating and synthesizing an unprecedented and overwhelming amount of data, and traditional business intelligence has reached its limits,” he said. The next generation of data analysis and correlation will come from the use of supervised, and especially unsupervised, machine learning.”.
Bramasol
NOVEMBER 27, 2021
As discussed in previous blog posts, the The Digital Solutions Economy ™ (DSE) is continuing to disrupt conventional customer engagement business models by shifting away from one-off sales transactions and toward subscriptions, bundling and multi-faceted relationships.
Centage
DECEMBER 1, 2021
They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. At the same time, the economy and the workplace continue to evolve, making data-based decision-making more critical than ever. Manage every dollar.
Centage
JANUARY 4, 2022
For example, a poor customer experience score will decrease customer retention leading to an increase in the customer churn rate and a decrease in sales which is bad news for the bottom line. Many of these non-financial KPIs may seem like obvious factors to business success. Or is it merely interesting?
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