Retail articles

Blockchain to Have Transformational Impact across Industries in Five to 10 Years

Blockchain to Have Transformational Impact across Industries in Five to 10 Years

The 2019 Gartner, Inc. Hype Cycle for Blockchain Business shows that the business impact of blockchain will be transformational across most industries within five to 10 years. “Even though they are still uncertain of the impact blockchain will have on their businesses, 60% of CIOs in the Gartner 2019 CIO Agenda Survey said that they

Wipro builds blockchain solution for Travacoin

The solution aims to fast-track payments during travel disruptions and optimise administrative overheads Wipro Limited has developed a blockchain-based payment solution for Travacoin, a company specializing in an eponymous digital payment solution. Travacoin is a digital payment system which enables airlines to refund and compensate passengers in a timely manner when a disruption occurs. Passengers

Retail AI Spend to Reach $12bn by 2023

A new study from Juniper Research has found that the global spending by retailers on AI services will reach $12 billion by 2023, up from an estimated $3.6 billion in 2019. Juniper expects over 325,000 retailers to adopt AI technology over the period. According to the new research, AI in Retail: Segment Analysis, Vendor Positioning


IBM Cloud helps Pace Automation transforming local ‘Kirana’ into e-tailers

“RetailSmart” powered by IBM Cloud to deliver convenient online shopping experience to ‘Kirana’ store customers across India IBM and Pace Automation Ltd., a leading ‘Solution as a Service Company’ announced a strategic partnership to offer ‘RetailSmart’, an end-to-end fully integrated solution that will enable local ‘Kirana’ (unorganized) stores to become ecommerce ready. Powered by IBM

Flipkart and Microsoft forge cloud partnership to expand e-commerce in India

Today Microsoft and Flipkart, India’s leading marketplace, announced a strategic partnership to provide consumers in India with the best online shopping service. As a first step in the broad collaboration between the two companies, Flipkart will adopt Microsoft Azure as its exclusive public cloud platform. Microsoft CEO Satya Nadella and Flipkart Group CEO Binny Bansal

Accenture and SAP Redesign Fashion Management

Accenture and SAP launched an initiative to extend SAP’s current fashion management capabilities to a next-generation fashion management solution that will be designed to accelerate the digital transformation journey for fashion, accessory and luxury retail brands. The announcement comes after both companies announced in January a comprehensive program of ongoing collaboration on the core development

Future of Retail in the Age of E-Commercialization

The India Retail Industry accounts for over 10% of the country’s GDP and contributes to around 8 per cent of the employment. This space is undergoing transformations due to scores of e-commerce firms gaining huge popularity. In such a scenario, it is the brick and mortar companies that are gradually feeling the heat waves of

Bharti Retail Implements SAP Solutions

SAP SE announced that Bharti Retail Limited (BRL), one of India’s leading multi-brand retailers, is strengthening its supply chain, store operations and improve customer experience with the implementation of solutions from SAP. The range of retail solutions from SAP will be used to manage retail processes in addition to improve planning, accurate merchandising and thereby

Infor and Aras Deliver Transformative Cloud PLM Solution

Infor today announced Infor Product Lifecycle Management (PLM) Innovator – powered by Aras. Delivered in partnership with Aras, Infor PLM Innovator is a highly scalable, flexible, and secure cloud-based solution for Infor customers around the world. Available now in limited release, Infor PLM Innovator will provide the Infor 10x user experience and be integrated through

Fortinet enhances Retail offering with Presence Analytics as part of Connect and Secure Solution

Fortinet unveiled whooping 6 new products, enhanced retail offerings

Integrated FortiGate, FortiWifi and FortiPresence analytics solutions help retailers streamline network management and understand customer behavior Fortinet today unveiled six new products aimed at further connecting and integrating Fortinet’s security and wireless platforms for retail, branch offices and distributed enterprises. As part of Fortinet’s broad Connect and Secure solution, Fortinet’s new FortiGate Unified Threat Management