How is big data analytics changing the retail market?
The retail industry is being reshaped by big data analytics. From supply chain management optimization so your favorite product is always in stock to deliveries that happen in under 1h that fulfill the immediate customer needs, retail businesses are using predictive analytics to drive growth. In this article, we will look at what big data analytics is and what are the three main drivers it uses to reshape the retail sector. Let us start with some clarity surrounding the terms.