The key to retail today is customer understanding —where each customer stands on his or her personal shopping journey, whether in-store or out. Retailers must “know” each shopper as never before. And they must offer the kinds of contextual, personally relevant experiences that will optimize their merchandise mix, create faster inventory turns, and drive greater customer engagement.
Yet, as a recent Cisco study revealed, offline retailers – or retailers that combine on and offline capabilities – have their own unique advantages – if they step up to the opportunities of the Internet of Everything (IoE) economy. By blending the benefits of the physical store — such as the ability to touch, compare, and try on products — with the benefits of the virtual world, retailers can create a new value proposition that can’t be matched by their online-only competitors. In the process, they not only drive their own industry’s disruption but challenge for market leadership.
It is an exciting day for me. Today, we are announcing our first annual Data & Analytics Conference in Chicago, October 20-22. If you’ve previously joined us for Data Virtualization Day, you’ll find this expanded experience responds to your feedback and the changes your business is experiencing as the industry embraces the relevance of analytics.
To share our enthusiasm, and in honor of David Lettermen’s Final Late Show broadcast, here are the Top 10 reasons why you should join us at our conference this Fall:
The Business Outcomes Contest is designed to recognize, promote and award the innovative work being done by Cisco solution partners to transform businesses and industries. There were over 70 submissions and only a handful won, judged in terms of the innovation process, the problem solved and the technology used.
Specifically, Librestream won (see press release) for their joint project at premium appliance manufacturer Sub-Zero. This was a compelling product development and remote collaboration story – more details here in Chet Namboodri’s blog , “Sub-Zero Innovates with the Internet of Everything” as well as the case study page. The Librestream solution, working on top of the Cisco network, enabled Sub-Zero to meet an aggressive product rollout of over 60 new models across its refrigeration and cooking (under the WOLF brand name) lines to meet its strategic goals. Take a look at the video below where Librestream Chief Operating Officer Jereme Pitts describes the project:
By 2020, the number of connected devices is expected to grow exponentially to 50 billion. The world of interconnected objects will have it’s data collected, analyzed and used to initiate action, which will provide a wealth of intelligence for planning, management, policy and decision-making.
Important information will be pushed out to machines, to individuals, and to Read More »
This post was written by Jordi Botifoll, President, Cisco Latin America, and originally published by the World Economic Forum
Latin America faces major challenges in terms of development and competitiveness, but at the same time has a great opportunity to rethink its future and take huge steps forward. The next phase of the Internet, the Internet of Everything (IoE) – a comprehensive ‘nervous system’ of networks that connect people, processes, data and things – offers incommensurate possibilities to transform the region, with important implications for its development, employment and competitiveness.
The Internet of Everything makes networked connections more relevant and valuable than ever before – turning information into actions that create new capabilities, richer experiences, and unprecedented economic opportunity for businesses, individuals, and countries.
Cisco Networking Academy students in Brazil build IT skills and the foundation for a lifelong career. More than 900,000 students have taken Networking Academy courses in 33 Latin American countries since 1997.