/* ---- Google Analytics Code Below */

Sunday, August 09, 2015

Oracle Retail Data Science

Unlocking the Secrets of Big Data with Science (Commerce Anywhere Blog)

" .... Buzzwords abound in the tech world, and mobile, social, big data, and cloud are the four horsemen.  Of those I think big data is least understood, but possibly the most powerful as exemplified by my favorite quote:

“Data is the new oil; analytics the new refinery.” -- unknown

The retail industry has always been dealing with large volumes of data; it's just that now the velocity and variety have dramatically increased. So the problem for retailers is two fold: first, how do they convert all that data into meaningful information? And second, how do they make the information relevant and actionable to employees?    ... " 

They go on to describe what Oracle can provide.  It has been a while since I have looked at their offerings.

No comments: