The British retailer is one of many now using predictive analytics to run their stores better. ... [+] (Photo by Dinendra Haria/SOPA Images/LightRocket via Getty Images)
Retailing has always been called a combination of art and science but for much of its existence there's usually been too much of the former and not enough of the latter.
However, more recently, the whole idea of better understanding the customer experience has allowed retailers to use research and predictive analytics to both better deal with their shoppers and position their stores, products and brands to become more successful.
This may worth something:
Can People Analytics Help Tackle New HR Challenges That Lie Ahead?
Pandemic-induced challenges and economic uncertainty make long-range workforce planning more complicated, and there couldn't be a better time for businesses to incorporate people analytics into their decision-making process, says an HR analytics expert at Quantzig.
The organization-wide transformations that took shape due to the pandemic will continue through 2021. As employees and organizations adapt to this shift, the human resources teams must reframe their workforce planning processes. To better understand the challenges facing HR thought leaders, we surveyed HR professionals from different industries and identified three top challenges facing human resource managers in the coming year.
Molecula Raises $17.6M to Democratize Large-Scale Analytics, Plans Hiring Push | Built In Austin
Molecula , a data virtualization startup out of Austin, announced Wednesday it closed on a $17.6 million Series A. The round was led by Drive Capital and brings the three-year-old company's total funding raised to more than $23 million.
Built In last caught up with Molecula in 2019, when the company raised its $6 million seed round .
Since then, the company has positioned itself as a "feature store," which is a system that automatically extracts features, not data, from underlying data sources or data lakes, then stores them in a centralized place. It then automates the input, tracking and governance of data into machine learning models, advanced analytics and AI. The software also helps users perform complex analysis of data from disparate sources, while also reducing the risk of errors.
Banking data analytics vendor MX raises $300 million | American Banker
MX, a banking data analytics company in Lehi, Utah, has raised $300 million in a new round of funding, quadrupling its valuation to $1.9 billion.
The Series C round, which closed on Wednesday, was led by TPG Growth. Other investors included Regions Financial, Canapi Ventures, CapitalG, Geodesic Capital, Greycroft, Pelion Venture Partners, Point72 and Digital Garage Group.
MX personalizes real-time offers and advice for customers of more than 2,000 banks and credit unions. The startup in the so-called Silicon Slopes region has grown quickly because it addresses financial institutions' rapidly growing need for accurate, timely and cleaned-up data that helps them solve customers' problems.
Quite a lot has been going on:
Clarabridge CX Analytics Launches AWS Contact Center Intelligence Solution
Clarabridge CX Analytics enables companies to understand customer experiences across the customer journey by leveraging their feedback and interactions across all data sources.
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Retail Analytics Market Research Report by Organization Size, by Business Function, by Component,
Moody’s Analytics Repeats as Data Provider of the Year in Regulation Asia Awards | Business
Several of our data solutions contributed to this win. While all of these solutions enable our customers to make better decisions, each solution has its own use cases and serves distinct segments.
"The enormous breadth and depth of our data sets us apart from other vendors," said Wael Jadallah, Managing Director at Moody's Analytics. "When we connect these award-winning data solutions, our customers' risk analysis is enhanced and new risk assessment possibilities are created. We're honored to again win this award from Regulation Asia, and that our customers are relying on Moody's Analytics data resources to help them make better, faster decisions during this challenging time."
HID Adds AI to Safety Analytics, Helps Collectors Thwart Counterfeiters | RFID JOURNAL
The SAFE Facility and Risk Analytics solution offers real-time occupancy monitoring, risk analytics and alerting, and reporting to hybrid workplaces, while the Professional Coin Grading Service lets collectors validate their collectibles via an NFC-enabled smartphone.
Jan 13, 2021 As businesses move to hybrid remote and in-person workplaces while complying with evolving public-health mandates, they must manage a dynamic enterprise environment with more complex safety and security challenges.
Happening on Twitter
Making a measurable impact is at the heart of what WHO does. Accountability is at the core of our work across the w… https://t.co/hW7BgkRZox WHO (from Geneva, Switzerland) Wed Jan 06 18:50:55 +0000 2021
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