Big Data Analytics in eCommerce – Data Platforms and Artificial Intelligence

Image Credit: Blu Constellations

“At this point in time, eCommerce leaders should focus on preparing their systems for when machine learning solutions are farther along in their sector. To do this, they have the option of contracting with vendors that sell data management systems built to allow for artificial intelligence applications when needed.”

AbsolutData – https://www.absolutdata.com/industries/retail-ecommerce-analytics/

Amazon Web Services

Fractal Analytics – https://fractal.ai

https://emerj.com/ai-sector-overviews/big-data-analytics-ecommerce/

Big Data Is Dead. Long Live Big Data AI.

“Sisense is a business intelligence startup providing “a complete solution for preparing, analyzing and visualizing big data.” It has raised $174 million over 5 rounds and in May 2019, it acquired Periscope Data. Trifacta has raised $124.3 million over 6 rounds and is focused on data preparation. It announced today a partnership with IBM to develop a new data preparation tool.”

https://www.google.com/amp/s/www.forbes.com/sites/gilpress/2019/07/01/big-data-is-dead-long-live-big-data-ai/amp/

6 Lucrative ways to leverage big data – Linnworks

I’d like to share this infographic produced by Linnworks titled “6 Lucrative Ways to Use Big Data in eCommerce.” They’ve done a really nice job and the content is well written. The only potential gap is the fact that they don’t mention the importance of AI (artificial intelligence) and the role that it plays in leveraging big data to accomplish the 6 goals. You’ll notice that both retailers (Amazon and Walmart) and every company generating the data (Google, Facebook, YouTube, SnapChat) are all of the forefront of developing and implementing AI technology. The power and the lift is generated by combining AI + Big Data.
Used_6-lucrative-ways-to-use-big-data-in-ecommerce-infographic

China’s digital economy rose 18 percent to $3.8 trillion last year

The National Development and Reform Commission has a new agreement with the China Development Bank to offer 100 billion yuan ($14.55 billion) in financial support for the digital push.

China’s digital economy rose 18 percent to 26 trillion yuan ($3.8 trillion) last year, equal to a third of the country’s gross domestic product (GDP), according to the China Academy of Information and Communications Technology.

https://www.google.com/amp/s/www.nextbigfuture.com/2018/09/china-will-accelerate-robotics-ai-and-ecommerce-to-match-us.html/amp

Linnworks Infographic: 6 Lucrative Ways to Use Big Data in eCommerce

I’d like to share this infographic produced by Linnworks titled “6 Lucrative Ways to Use Big Data in eCommerce.” They’ve done a really nice job and the content is well written. The only potential gap is the fact that they don’t mention the importance of AI (artificial intelligence) and the role that it plays in leveraging big data to accomplish the 6 goals. You’ll notice that both retailers (Amazon and Walmart) and every company generating the data (Google, Facebook, YouTube, SnapChat) are all of the forefront of developing and implementing AI technology. The power and the lift is generated by combining AI + Big Data.