From Our Blog
On December 14-16, 2011, the Fundación de la Innovación Bankinter held the XVII Future Trends Forum in Madrid. The distinguished conference brought together some 50 participants across industries who were eager to understand the relevance of social technologies to their companies. The Social Data Lab and First Retail Inc. were invited to participate as thought leaders for this meeting. READ MORE
The team at First Retail is proud to announce that leading analyst firm Gartner has included First Retail in its 2012 list of Cool Vendors in Analytics and Business Intelligence. The report notes that "First Retail represents the crowded market of content analytics, but it was its machine learning that caught our attention."
Why would a retailer care about the semantic web? Surely this is just another technology fad that the IT department can distract itself with instead of delivering faster transaction systems or more accurate and up-to-date reports. Not so. In fact it turns out semantic technology may enable robust solutions to your retail business users' most pressing problems.
Retailing has been with us for as long as we can remember. Aggregation and Comparison Sites are today's drivers of traffic and how consumers search for products. Vendor Relationship Management (VRM) has yet to take off bringing the ability for consumers to interact with vendors of products. Do retailers need to behave more like aggregators, particularly as they grow their marketplaces? How are retailers gradually and perhaps unconsciously beginning to adopt VRM practices?
Five emergent trends that will shape retailing - VRM, Multichannel, Globalization, Payments and Data. What will be the evolution of each of these trends and how should retailers respond?