Kx Retail Insights: The next generation of data-driven range optimization

20 Feb 2018 | , ,

Range optimization is one of the most important decisions for retailers in the digital age. The changing physical environment is a key driver in the need for intelligent range planning. Shrinking physical footprints require range reduction and optimization in store, whilst supplier integration online requires merchandising capability to personalize the ever growing assortment to the individual.

Kx for Retail: How Location Technology is Revolutionizing the Customer Journey

7 Sep 2017 | , , , , ,

It is widely known that brick-and-mortar stores have been hit with declining sales in recent years, mainly due to the rise of e-commerce giants such as Amazon.com. At the same time, according to the Pew Research Center, 77% of Americans have cellphones and a majority of shoppers are using cell phones while they shop in physical stores. These trends have forced managers in the consumer goods industry to turn to non-traditional advertising and to try new marketing techniques in hopes to refresh tired processes and give retail stores new life.

Kx Technology and the Connected Store

18 Apr 2017 | , , , , , ,

The connected store is the next step in the digital transformation of the retail industry as the Internet of Things brings new sources of real-time and streaming customer data to store operators. New technologies are needed for these emerging frequencies and types of data, which has created an opportunity for Kx for Retail. The Kx streaming analytics platform is perfectly suited to analyzing large volumes of data in real time. Kx helps retailers make faster and more informed decisions based on what is occurring now, what has occurred in the past, and what is predicted to take place in the future.

Edge Analytics and IoT – How Kx is Revolutionizing Manufacturing from the Edge

27 Mar 2017 | , , , , , , , ,

Edge analytics is a method of data analysis and collection that allows an automated analytical computation to be performed on a tag or sensor rather than having all of the ingested data sent back to a centralized data warehouse before being acted upon. Manufacturing is an industry which requires real-time action on analytics at their source. This is a challenge which Kx excels at.