Stephen Crisp

Retailers, Unlock the AI Goldmine for Your Marketing & Sales

Retailers, Unlock the AI Goldmine for Your Marketing & Sales

Guest article from Arreoblue which appeared in Retail news.ai on 2nd October: In an increasingly digital world, retailers face pressures from online/offline competitors and digital transformation. However, the foundation of impactful AI solutions is high-quality, relevant data. Tapping into AI’s potential can provide the key edge. But how? Elevating Retail with Data-Driven AI: Unleashing the

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Time to value

Time to Value: How should a company define value in data projects?

How do you define value in data projects? In scenarios where data is used to drive clear outcomes this is relatively easy to quantify. For example, an algorithm that predicts the optimal route for deliveries can be compared to the control option and its relatively simple to understand the cost benefit.   Analytics solutions can

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Time

Time is a critical factor in many aspects of business, especially data projects

Even the data itself has a shelf life which is often referred to as data decay, decreasing its value over time. This figure can be up to 3% per month or 20% – 40% for the year. It is also possible that critical events can accelerate this, for example the introduction of internet, smart phones

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