Wednesday 9 August 2017

Internet of Things in Retail Market Provided for IT Vendors Rega - ABC6 - Providence, RI and New Bedford, MA News, Weather

Orbis Research Market
brilliance released a new research report of 41pages on title Internet
of Things in Retail: Technologies and Usage Cases-Gainining Competitive
Advantage through Better Understanding Retailers’ Business and IT
Priorities’ with detailed analysis, forecast and strategies. The study
covers important players Such as Macy's, Rite Aid, Amazon, Caleres,
Walmart, Lowe's, etc.
"Internet of
Things in Retail: Technologies and Usage Cases", report discusses the
benefits and challenges of IoT technologies such as RFID, Wi-Fi,
Beacons, virtual reality, digital signage, robotics, drones and smart
lighting. Usage cases by major retailers and vendors’ holistic solutions
are evaluated, and advice provided regarding IoT implementations and
how to successfully target retailers.
Companies Mentioned:
Macy's
Rite Aid
Amazon
Caleres
Walmart
Lowe's
Costa
Philips
Acuity Brands
GeoMetri
Kroger
Ocado
Co-Op
Levi's
Sainsbury's
Rebecca Minkoff
Casino
Cisco
Intel
IoT
offer retailers opportunities to collect and analyze increasingly
granular data in stores and warehouses for optimizing business
processes. Consumers’ increasingly connected lifestyles have contributed
to the rise of IoT in retail by demanding better interaction in stores
by utilizing the latest technologies, and the desire to make shopping a
more personal experience based on customers’ preferences. IoT ecosystems
provide full connectivity within the store to meet the customers needs
and improve the customer experience.
Scope
-
IoT in retail stores and warehouses includes various connected
devices/end points that either collect data for analytics purposes and
for running applications (e.g. sensors, cameras, beacons, RFID, smart
watches), or act on data generated by the application in order to
display information or interact with customers and staff
- IoT extends to back-end analytics, networks, servers and data warehouses that are required to generate actionable insight
-
Machinery including robotics and drones, and smart lighting form part
of the latest IoT deployments since they provide “smart” interaction or
data collection for analytics with linkages to other devices or a
central database, which may also use artificial intelligence
Reasons to buy
-
Gain a deeper understanding of IoT technologies and their importance in
retail, which is especially beneficial for IT vendors when pitching
these solutions to retailers.
- Retailers' challenges and technology
choices are discussed, and useful advice provided for IT vendors
regarding offering digital signage, Wi-Fi, beacons, RFID and other IoT
based solutions.
List of Tables
Table 1: Retail-specific IoT solutions vendors 32
Table 2: Supply-chain focused IoT solutions vendors 33
Table 3: Retail categories 36
Table 4: Retail channels 37
Table 5: IT Domains 38
List of Figures
Figure 1: Key benefits that retailers expect from IoT deployments 4
Figure 2: Retailers’ IT environments and stakeholders 6
Figure 3: Key business challenges facing retailers 7
Figure 4: IoT environments across retail organizations 10
Figure 5: Short-range (unlicensed) wireless technology usage in retail 14
Figure 6: Retailers’ investment in IoT technologies over the next two years 24
Figure 7: Retailers’ security approach: IoT-specific security controls 29
Figure 8: Key investment areas in IoT technologies in retail 30
About Us:
Orbis
Research (orbisresearch.com) is a single point aid for all your market
research requirements. We have vast database of reports from the leading
publishers and authors across the globe. We specialize in delivering
customized reports as per the requirements of our clients. We have
complete information about our publishers and hence are sure about the
accuracy of the industries and verticals of their specialization. This
helps our clients to map their needs and we produce the perfect required
market research study for our clients.

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