Retail Predictive Analytics Gifographic

Spending on retail IoT technology is growing at an all time rate as brands look to become more responsive and agile during the product ideation-to-delivery lifecycle. From quickly reacting to changing fashion trends to having the ability to easily translate data in actionable insights, retailers are facing constant pressure to adapt their business to evolving consumer expectations.

This gifographic reveals the four key reasons that retailers are utilizing machine learning, predictive analytics, and IoT technology to transform business and gain a competitive advantage.