1 IBM Global Business Services Business Analytics and Optimization In collaboration with Saïd Business School at the University of Oxford Executive Report IBM Institute for Business Value Analytics: The real-world use of big data in retail How innovative retailers extract value from uncertain data
2 IBM Institute for Business Value IBM Global Business Services, through the IBM Institute for Business Value, develops fact-based strategic insights for senior executives around critical public and private sector issues. This executive report is based on an in-depth study by the Institute s research team. It is part of an ongoing commitment by IBM Global Business Services to provide analysis and viewpoints that help companies realize business value. You may contact the authors or send an to for more information. Additional studies from the IBM Institute for Business Value can be found at ibm.com/iibv Saïd Business School at the University of Oxford The Saïd Business School is one of the leading business schools in the UK. The School is establishing a new model for business education by being deeply embedded in the University of Oxford, a world-class university and tackling some of the challenges the world is encountering. You may contact the authors or visit: for more information.
3 IBM Global Business Services 1 By Keith Mercier, Bruce Richards and Rebecca Shockley Big data which admittedly means many things to many people is no longer confined to the realm of technology. While big data is the convergence of more data from more sources than we have ever seen, it also represents a cultural shift in the way retailers connect with consumers in a meaningful way. This bottom-line impact of big data is what makes it a business imperative and why retailers around the world are leveraging it to transform their processes, their organizations and, soon, the entire industry. Our newest global research study, Analytics: The real-world use of big data, finds that retail executives are recognizing the opportunities associated with big data. 1 But despite what seems like unrelenting media attention, it can be hard to find in-depth information on what retail organizations are really doing. In this industry-specific paper, we will examine how retail industry respondents view big data and to what extent they are currently using it to benefit their businesses. The IBM Institute for Business Value partnered with the Saïd Business School at the University of Oxford to conduct the 2012 Big Work Study, surveying 1,144 business and IT professionals in 95 countries, including 50 respondents from the retail industry, or about 4 percent of the global respondent pool. Big data is especially promising and differentiating for retailers. Today s empowered consumers bring attitudes and expectations shaped by experiences across a diverse commercial world to every interaction with retailers. Now more than ever, consumers use data and technology to take control of their shopping experience. This trend is likely to continue; in fact, it is predicted that by 2020, there will be 80 million millennials, as shoppers under 30 years old are known, who have grown up using the Internet for everything. 2 As consumer technology adoption and multi-channel shopping experiences become the norm, data becomes increasingly critical. For example, a consumer might begin researching a product on a mobile app, purchase it online and pick it up at a store. Coordinating this multi-channel shopping interaction requires entirely new data competencies for the retailer whose business now depends upon whether it can manage, integrate and understand this vast array of data coming at a non-stop pace.
4 2 Analytics: The real-world use of big data in retail The right information is important at every step, both to create a seamless interaction for the customer, and to coordinate complicated inventory and merchandise fulfillment operations. In today s globally integrated, time-sensitive retail environment, data is critical across the entire retailer value chain, including merchandising and assortment planning, inventory management, distribution, marketing, sales, service, returns, finance and more. All of this must be optimized under continual directives to become leaner, more cost effective and increasingly profitable. So the question for many retailers remains, How do we harvest and leverage this information to gain a competitive advantage? Realizing a competitive advantage % 37% 58% 107% increase 62% 63% 66% We found that 62 percent of retailers report that the use of information (including big data) and analytics is creating a competitive advantage for their organizations, compared with 63 percent of cross-industry respondents. The percentage of retail respondents reporting a competitive advantage rose from 30 percent in 2010 to 62 percent in 2012, a 107 percent increase in two years after a peak in 2011 at 66 percent (see Figure 1). 3 Retail respondents Global respondents Source: Analytics: The real-world use of big data, a collaborative research study by the IBM Institute for Business Value and the Saïd Business School at the University of Oxford. IBM 2012 Figure 1: Well over half of retailers are creating competitive advantage from analytics and information. We also discovered that retailers are taking a business-driven and pragmatic approach to big data. The most effective big data strategies identify business requirements first, and then tailor the infrastructure, data sources and analytics to support the business opportunity. These organizations extract new insights from existing and newly available internal sources of information, define a big data technology strategy and then incrementally extend the sources of data and infrastructures over time. Organizations are being practical about big data Our Big Work survey confirms that most organizations are currently in the early stages of big data planning and development efforts with retailers slightly lagging the global pool of cross-industry counterparts (see Figure 2). While a greater percentage of retailers are focused on understanding the concepts than their peers in other industries (28 percent of retailers respondents compared with 24 percent of global organizations), the majority are either defining a roadmap related to big data (57 percent) or have big data pilots and implementations already underway (15 percent ).
5 IBM Global Business Services 3 Big data activities Global 24% 47% 28% Retail 28% 57% 15% transforming from product-driven organizations to customercentric organizations in which the customer is the central organizing principle around which data insights, operations, technology and systems revolve. By improving their ability to deliver the right merchandise assortments to the right outlets at the right price and manage their inventories to these data-driven consumer demand signals, retail organizations are better positioned to seize market opportunities by delivering new customer-centric products at more predictable costs. Have not begun big data activities Planning big data activities Pilot and implementation of big data activities Source: Analytics: The real-world use of big data, a collaborative research study by the IBM Institute for Business Value and the Saïd Business School at the University of Oxford. IBM 2012 Big data objectives Global 49% 18% 15% 14% Figure 2: Almost three out of four retail companies have either started developing a big data strategy or piloting and implementing big data activities. 4% In our global study, we identified five key findings that reflect how organizations are approaching big data. In this industry deep dive, we will examine how retail-specific challenges impact these global findings, as well as provide our top-level recommendations for retail organizations. For a more in-depth discussion of each of these findings, please refer to the full study, Analytics: The real-world use of big data Customer analytics are driving big data initiatives When asked to rank their top three objectives for big data, over half of the retail industry respondents with active big data efforts identified customer-centric objectives as their organization s top priority (see Figure 3). This is consistent with what we see in the marketplace, where retailers are Retail Customer-centric outcomes Operational optimization Risk/financial management New business model Employee collaboration 53% 18% 13% 11% Source: Analytics: The real-world use of big data, a collaborative research study by the IBM Institute for Business Value and the Saïd Business School at the University of Oxford. IBM % Figure 3: More than half of big data efforts underway by retail companies are focused on achieving customer-centric outcomes.
6 4 Analytics: The real-world use of big data in retail A major European online retailer uses analytics to make more effective use of its customer data and create more focused and successful marketing campaigns. This Internet-based photo service relies heavily on the use of electronic marketing campaigns, including and newsletters, for its sales efforts. To increase sales, build loyalty and reduce churn, the company needed to better segment its customer base to more accurately target promotions and meet customer needs. The company now develops customer profiles to help predict what a customer will buy according to customer attributes, previous purchases and other factors. It then adjusts its marketing campaigns in terms of timing, frequency, offers and messaging to optimize sales, resulting for a 16 percent increase in the number of new prospects taking advantage of a welcome offer. Customers profiles can also be tapped to present the most relevant offers and a more dynamic, personalized experience for each type of customer. The company achieved a 94 percent satisfied with purchase rating from customers and substantially increased customer loyalty, with un-subscription rates falling to 0.6 percent. By tailoring customer interactions and using a more targeted marketing campaign, the company increased sales 30 percent in one year, compared to an increase of less than 10 percent for competitors in the same market. 2. Big data is dependent upon a scalable and extensible information foundation The promise of achieving significant, measurable business value from big data can only be realized if organizations put into place an information foundation that supports the rapidly growing volume, velocity and variety of data. However, since infrastructure is not something most business executives know well, we asked only the IT executives and analysts to report on the state of big data infrastructure within their organizations. Among the retail respondents, business-side respondents far outweighed the number of IT respondents; as such, there were too few to consider a statistically significant sample. Thus, our comments here reflect the responses from the cross-industry pool of respondents. Among the global respondents, almost two-thirds report having started their big data journeys with an information foundation that is integrated, scalable, extensible and secure. Four information management components were cited most often as part of respondents big data initiatives. Integrated information is a core component of any analytics effort, and it is even more important with big data. As noted in the 2011 IBM Institute for Business Value study on advanced analytics, an organization s data has to be readily available and accessible to the people and systems that need it. 5 Master data management and the integration of key data types customer, product, vendor, employee and the like require cross-enterprise data that is governed according to a single enterprise standard. The inability to connect data across organizational and department silos has been a business intelligence challenge for years. This integration is even more important, yet much more complex, with big data. Among cross-industry respondent organizations with active big data efforts, 65 percent consider their integrated information capability to be sufficient to support big data. The next most prevalent information management foundation components in big data initiatives are a scalable storage infrastructure and high-capacity warehouse. Each supports the rapid growth of current and future data coming into the organization. On the surface, a combination of adding storage and one or more larger servers can support the growth of an information management foundation. However, it is important to
7 IBM Global Business Services 5 understand that anticipating and architecting the infrastructure is key to delivering the business value of the intended business case. Organizations need to consider how best to support the ebb and flow of data to enable users to access data when needed, as well as how data can be analyzed within the business s time constraints (whether days, hours, seconds or milliseconds). This balanced configuration and deployment of servers and storage results in a more optimized infrastructure. Strong security and governance processes are in place at 58 percent of the organizations that report having active big data efforts underway. While security and governance have long been an inherent part of business intelligence, the added legal, ethical and regulatory considerations of big data introduce new risks and expand the potential for very public missteps, such as a company losing control of data or using it in questionable ways. As a result, data security and data privacy are critical elements of information management, according to several interviewed subject matter experts and business executives. Security and governance will become even more important and daunting as organizations embrace new sources of information, especially social media data. Compounding this challenge, privacy regulations are still evolving and can vary greatly by country. 3. Initial big data efforts are focused on gaining insights from existing sources of internal data Most early big data efforts are targeted at sourcing and analyzing internal data, and we find this is also true for retailers. According to our survey, an overwhelming majority of retail respondents reported internal data as the primary source of big data within their organizations (see Figure 4). This suggests that retailers are taking a pragmatic approach to adopting big data and also that there is tremendous untapped value still locked away in these internal systems. Big data sources Transactions Log data Events s Social media Sensors External feeds RFID scans or POS data Free-form text Geospatial Audio Still images/ videos Global respondents Retail 0% 25% 25% 20% 25% 34% 40% 43% 43% 42% 40% 42% 40% 41% 41% 40% 38% 59% 57% 57% 73% 67% 88% 100% Source: Analytics: The real-world use of big data, a collaborative research study by the IBM Institute for Business Value and the Saïd Business School at the University of Oxford. IBM 2012 Figure 4: Retailers are focusing initial big data efforts on transactional and log data, both key internal sources, as well as data that comes from their point-of-sale systems and supply chains.
8 6 Analytics: The real-world use of big data in retail All retail respondents with active big data efforts are analyzing transactions (100 percent) and two out of three use log data (67 percent). This is machine-generated data produced to record the details of every operational transaction and automated function performed within the retailers business or information systems data that has outgrown the ability to be stored and analyzed by many traditional systems. As a result, in many cases this data has been collected for years, but not analyzed. Retailers were more likely than global cross-industry respondents to use RFID scans and point of sale (POS) data (57 percent of retailers versus 41 percent of global respondents). This is a natural area for retailers to lead given their history and dependence on POS data for transactions. Unlike other industries, retailers severely lagged in analyzing free-form text data, with no retailers reporting its use compared with 41 percent in other industries. This may represent an opportunity for some retailers to become early adopters of this area of analysis. Early adopters of big data are turning information into insights that deliver value to their organizations. For example, a global clothing retailer leverages transactional insight to generate new opportunities and business growth. Previously, the company had its order, sales, inventory and financial data dispersed across the company, making it difficult for managers to quickly access data needed to make critical business decisions. Managers couldn t identify products in greatest demand, resulting in warehouses overstocked with less popular items and hot items on back order. To enable more timely and effective operations decisions, the retailer created a seamless reporting framework that provides granular, real-time information from the sales floor to its suppliers inventory and production schedules, which allows targeting of new customers and better inventory forecasting. In addition, transactional information from the company s five disparate core platforms was standardized and integrated into a single reporting framework to improve visibility into business activity, enabling deeper insight into customer needs. With these new capabilities, managers can quickly respond to marketplace demands and address business challenges. Having real-time and granular visibility into store-level sell-through and inventory data enables optimized replenishment and merchandising practices, while supply chain transparency promotes lower-cost logistics. The solution has positioned the company for competitive advantage by helping boost sales and lower operational costs. 4. Big data requires strong analytics capabilities Big data itself does not create value until it is put to use to solve important business challenges. This requires access to more and different kinds of data, as well as strong analytics capabilities that include both software tools and the requisite skills to use them. Examining those retailers engaged in big data activities reveals that they start with a strong core of analytics capabilities designed to address structured data, such as basic queries, data visualization, predictive modeling and data mining (see Figure 5). Retailers were on par with other industries in their use of simulation, natural language text analytics, geospatial analytics, streaming analytics, and video and voice analytics.
9 IBM Global Business Services 7 Analytics capabilities Query and reporting Data mining Data visualization Predictive modeling Optimization Simulation Natural language text Geospatial analytics Streaming analytics Video analytics 35% 25% 26% 20% 40% 56% 50% 52% 50% 43% 50% 77% 67% 71% 71% 67% 67% 65% 91% 100% A supermarket chain in Venezuela uses data analysis and optimization to gain deeper customer insights and generate sales. With US$20 million in inventory and more than six terabytes of product and customer data spread across multiple systems and databases, the company was unable to easily assess operations at individual stores using manual processes. It needed a comprehensive and timely view of operations that would support and improve decisions about business operations. With a new solution, the company has seen dramatic improvements across its operations. Managers now quickly review daily inventory levels, store sales and cost of goods to see which products are selling and most profitable and which promotions are most successful. The solution enables chain limit losses by scheduling price reductions to move perishable items prior to spoilage, effectively lowering losses on perishable goods, which are approximately 35 percent of the chain s products. Stores can adjust quickly as the government s price settings on staple foods fluctuate, and the company can compile sales tax data 98 percent faster than before. These improvements resulted in a 30 percent increase in revenue and a US$7 million boost in profitability for the company. In fact, the newfound visibility into operations and consumer behavior provided the insight to choose optimal locations for four new stores. Voice analytics 25% 25% Global respondents Retail respondents Source: Analytics: The real-world use of big data, a collaborative research study by the IBM Institute for Business Value and the Saïd Business School at the University of Oxford. IBM 2012 Figure 5: Retail companies have a strong base of analytics capabilities, which were built to support robust business intelligence platforms.
10 8 Analytics: The real-world use of big data in retail 5. The current pattern of big data adoption highlights retailers hesitation, but confirms interest too To better understand the big data landscape, we asked respondents to describe the level of big data activities in their organizations today. The results suggest four main stages of big data adoption and progression along a continuum that we have identified as Educate, Explore, Engage and Execute. For a deeper understanding of each adoption stage, please refer to the global version of this study. 6 Educate: Building a base of knowledge (28 percent of retail respondents) Explore: Defining the business case and roadmap (57 percent of retail respondents) Engage: Embracing big data (15 percent of retail respondents) Execute: Implementing big data at scale (0 percent of retail respondents) Retailers are lagging in big data execution, with none in the Execute stage compared with 6 percent in other industry groups (see Figure 6). While a 0 percent response may seem alarming, this gap is still relatively marginal in comparison. Big data adoption Educate Explore Engage Execute Focused on knowledge gathering and market observations Developing strategy and roadmap based on business needs and challenges Piloting big data initiatives to validate value and requirements Deployed two or more big data initiatives and continuing to apply advanced analytics Global 24% Global 47% Global 22% Global 6% Retail 28% Retail 57% Retail 15% Retail 0% Source: Analytics: The real-world use of big data, a collaborative research study by the IBM Institute for Business Value and the Saïd Business School at the University of Oxford. IBM 2012 Figure 6: Most retailers are either developing big data strategies or pilots, but none in our sample have moved to embedding those analytics into operational processes.
11 IBM Global Business Services 9 At each adoption stage, the most significant obstacle to big data efforts reported by retail firms is the need and ability to articulate measurable business value. For executives to embrace the investment in time, money and human resources necessary to create business value from big data, they must understand the potential or realized business value. Organizations must be vigilant in articulating this value, forecasted based on detailed analysis and tied to pilot results where possible. Recommendations: Cultivating big data adoption IBM analysis of our Big Work Study findings provided new insights into how retailers at each stage are advancing their big data efforts. Driven by the need to solve business challenges, in light of both advancing technologies and the changing nature of data, retailers are starting to look closer at big data s potential benefits. To extract more value from big data, we offer a broad set of recommendations tailored to retail organizations as they proceed down the path of big data. Commit initial efforts to customer-centric outcomes It is imperative that organizations focus big data initiatives on areas that can provide the most value to the business. For most retailers, this will mean beginning with customer analytics that enable them to offer better, more finely tailored products based on a better understanding of customer needs and predicted behavior patterns. Retail organizations can use customer insights to generate enhanced products, improve brand performance, drive customer loyalty, adjust pricing and improve customer satisfaction. To effectively cultivate meaningful relationships with their customers across all retail channels (e.g., store, online, , mobile, etc.), retailers must connect with them in ways their customers perceive as valuable. The value may come through preferred features and pricing and more timely, informed or relevant interactions; it may also come as organizations improve their underlying operations in ways that enhance the overall consumer experience. Retailers should identify the processes that most directly affect customers, pick one and start; even small improvements matter as they often provide the proof points that demonstrate the value of big data and the incentive to do more. Analytics solutions fuel the insights from big data that are becoming essential in creating the level of depth in relationships that customers expect. Define big data strategy with a business-centric blueprint A blueprint encompasses the vision, strategy and requirements for big data within an organization and is critical to establishing alignment between the needs of business users and the implementation roadmap of IT. A blueprint defines what organizations want to achieve with big data to ensure pragmatic acquisition and use of resources. An effective blueprint defines the scope of big data within the organization by identifying the key business challenges involved, the sequence in which those challenges will be addressed, and the business process requirements that define how big data will be used. It serves as the basis for understanding the needed data, tools and hardware, as well as relevant dependencies. The blueprint will guide the organization to develop and implement its big data solutions in realistic ways that create sustainable business value. For retailers, one key step in the development of the blueprint is to engage business executives early in the process, ideally while the company is still in the Explore stage. For many retailers, engagement by a single C-suite executive is sufficient. But a more diversified company may want to tap a small group of executives to cross organizational silos to develop a blueprint that reflects a holistic view of the company s challenges and synergies.
12 10 Analytics: The real-world use of big data in retail Start with existing data to achieve near-term results To achieve near-term results while building the momentum and expertise to sustain a big data program, it is critical that retailers take a pragmatic approach. As our respondents confirmed, the most logical and cost-effective place to start looking for new insights is within the organization s existing data store, leveraging the skills and tools most often already available. Looking internally first allows organizations to leverage their existing data, software and skills and to deliver near-term business value. In addition, companies gain important experience as they then consider extending existing capabilities to address more complex sources and types of data. While most organizations will need to make investments that allow them to handle larger volumes of data or a greater variety of sources, this approach can reduce investments and shorten the timeframes needed to extract the value trapped inside the untapped sources. It can accelerate the speed to value and help organizations take advantage of the information stored in existing repositories while infrastructure implementations are underway. Then, as new technologies become available, big data initiatives can be expanded to include greater volumes and variety of data. Build analytics capabilities based on business priorities The unique priorities of each company should drive the organization s development of big data capabilities, especially given the margins and specific production and distribution challenges that most retail firms face today. The upside is that many big data efforts can concurrently help reduce costs and increase revenues, a duality that can bolster the business case and offset necessary investments. For example, many retailers strive for improved omni- or multi-channel models in which the customer experience leverages the strengths of different channels and enables alternate options such as buy online and then pick at store, all while promising and delivering the right inventory in the right place. From a planning perspective, merchandisers and inventory planners must be able to project how the right assortments and inventories must be planned and procured, often with months of lead time and a complex mix of vendors and suppliers. In operations, master data management and inventory visibility become crucial, as retailers must optimize inventory across stock, Retailers should focus on acquiring the specific skills needed within their organization, especially those that will increase the organization s ability to analyze unstructured data and visualize its analysis to make it more consumable to business executives. Create an investment case based on measurable outcomes Developing a comprehensive and viable big data strategy and roadmap requires a solid, quantifiable business case. Therefore, it is important to have active involvement and sponsorship from one or more business executives throughout this process. Equally important to achieving long-term success is strong, ongoing business and IT collaboration.
13 IBM Global Business Services 11 Getting on track with the big data evolution An important principle underlies each of these recommendations: business and IT professionals must work together throughout the big data journey. The most effective big data solutions identify the business requirements first, and then tailor the infrastructure, data sources, processes and skills to support that business opportunity. To compete in a consumer-empowered economy, it is increasingly clear that retailers must leverage their information assets to gain a comprehensive understanding of markets, customers, products, distribution locations, competitors, employees and more. Retailers will realize value by effectively managing and analyzing the rapidly increasing volume, velocity and variety of new and existing data, and putting the right skills and tools in place to better understand their operations, customers, channels and the marketplace as a whole. Authors Keith Mercier is an Associate Partner in the IBM Retail Center of Competence, where he partners with global retailers all over the world to create transformation business strategies that leverage big data and analytics. Keith has 30 years of operating experience within the fashion retail industry and can be reached at Bruce Richards is an Associate Partner in the IBM Retail Center of Competence, where he helps global retailers leverage customer data and insights to make change across the retail enterprise. Bruce has over 25 years as a retail practitioner and advisor and can be reached at Rebecca Shockley is the Business Analytics and Optimization Global Research Leader for the IBM Institute for Business Value, where she conducts fact-based research on the topic of business analytics to develop thought leadership for senior executives. Rebecca can be contacted at To learn more about this IBM Institute for Business Value study, please contact us at For a full catalog of our research, visit: ibm.com/iibv Subscribe to IdeaWatch, our monthly e-newsletter featuring the latest executive reports based on IBM Institute for Business Value research. ibm.com/gbs/ideawatch/subscribe Access IBM Institute for Business Value executive reports on your tablet by downloading the free IBM IBV app for ipad or Android.blet by downloading the free IBM IBV app for ipad or Android.
14 12 Analytics: The real-world use of big data in retail References 1 Schroeck, Michael, Rebecca Shockley, Dr. Janet Smart, Professor Dolores Romero-Morales and Professor Peter Tufano. Analytics: The real-world use of big data. How innovative organizations are extracting value from uncertain data. IBM Institute for Business Value in collaboration with the Saïd Business School, University of Oxford. October us/gbs/thoughtleadership/ibv-big-data-at-work.html 2 Retail 2020: Reinventing retailing once again. IBM and New York University Stern School of Business. January rew03013usen/rew03013usen.pdf 3 LaValle, Steve, Michael Hopkins, Eric Lesser, Rebecca Shockley and Nina Kruschwitz. Analytics: The new path to value. How the smartest organizations are embedding analytics to transform insights into action. IBM Institute for Business Value in collaboration with MIT Sloan Management Review. October com/ services/us/gbs/thoughtleadership/ibv-embeddinganalytics.html 2010 Massachusetts Institute for Technology. 5 Kiron, David, Rebecca Shockley, Nina Kruschwitz, Glenn Finch and Dr. Michael Haydock. Analytics: The widening divide: How companies are achieving competitive advantage through analytics. IBM Institute for Business Value in collaboration with MIT Sloan Management Review. October us/gbs/ thoughtleadership/ibv-analytics-widening-divide. html 2011 Massachusetts Institute for Technology. 6 Schroeck, Michael, Rebecca Shockley, Dr. Janet Smart, Professor Dolores Romero-Morales and Professor Peter Tufano. Analytics: The real-world use of big data. How innovative organizations are extracting value from uncertain data. IBM Institute for Business Value in collaboration with the Saïd Business School, University of Oxford. October us/gbs/thoughtleadership/ibv-big-data-at-work.html 4 Schroeck, Michael, Rebecca Shockley, Dr. Janet Smart, Professor Dolores Romero-Morales and Professor Peter Tufano. Analytics: The real-world use of big data. How innovative organizations are extracting value from uncertain data. IBM Institute for Business Value in collaboration with the Saïd Business School, University of Oxford. October us/gbs/thoughtleadership/ibv-big-data-at-work.html.
16 Copyright IBM Corporation 2013 IBM Global Services Route 100 Somers, NY U.S.A. Produced in the United States of America August 2013 All Rights Reserved IBM, the IBM logo and ibm.com are trademarks or registered trademarks of International Business Machines Corporation in the United States, other countries, or both. If these and other IBM trademarked terms are marked on their first occurrence in this information with a trademark symbol ( or ), these symbols indicate U.S. registered or common law trademarks owned by IBM at the time this information was published. Such trademarks may also be registered or common law trademarks in other countries. A current list of IBM trademarks is available on the Web at Copyright and trademark information at ibm.com/legal/copytrade.shtml Other company, product and service names may be trademarks or service marks of others. References in this publication to IBM products and services do not imply that IBM intends to make them available in all countries in which IBM operates. Portions of this report are used with the permission of Saïd Business School at the University of Oxford Saïd Business School at the University of Oxford. All rights reserved. This report is intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. IBM shall not be responsible for any loss whatsoever sustained by any organization or person who relies on this publication. The data used in this report may be derived from third-party sources and IBM does not independently verify, validate or audit such data. The results from the use of such data are provided on an as is basis and IBM makes no representations or warranties, express or implied. Please Recycle GBE03560-USEN-01
IBM Business Services Business Analytics and Optimization In collaboration with Saïd Business School at the University of Oxford Executive Report IBM Institute for Business Value Analytics: The real-world
IBM Business Services Business Analytics and Optimization In collaboration with Saïd Business School at the University of Oxford Executive Report IBM Institute for Business Value Analytics: The real-world
IBM Business Services Business Analytics and Optimization In collaboration with Saïd Business School at the University of Oxford Executive Report IBM Institute for Business Value Analytics: The real-world
IBM Sales and Distribution Chemicals and Petroleum White Paper Tapping the benefits of business analytics and optimization A rich source of intelligence for the chemicals and petroleum industries 2 Tapping
IBM Software Big Data Retail Capitalizing on the power of big data for retail Adopt new approaches to keep customers engaged, maintain a competitive edge and maximize profitability 2 Capitalizing on the
IBM Software White Paper Consumer Products Delivering new insights and value to consumer products companies through big data 2 Delivering new insights and value to consumer products companies through big
IBM Global Business Services Microsoft Dynamics CRM solutions from IBM Power your productivity 2 Microsoft Dynamics CRM solutions from IBM Highlights Win more deals by spending more time on selling and
Cloud Computing on a Smarter Planet Smarter Computing 2 Cloud Computing on a Smarter Planet As our planet gets smarter more instrumented, interconnected and intelligent the underlying infrastructure needs
Customer-Centricity in a World of Data: Turning Big Data into a Big Opportunity Richard Maraschi Business Analytics Solutions Leader IBM Global Media & Entertainment Joe Wikert General Manager & Publisher
What s Trending in Analytics for the Consumer Packaged Goods Industry? The 2014 Accenture CPG Analytics European Survey Shows How Executives Are Using Analytics, and Where They Expect to Get the Most Value
IBM Software Thought Leadership White Paper IBM ExperienceOne 5 tips to engage your customers with event-based marketing Take advantage of moments that matter with in-depth insight into customer behavior
Accenture Business Intelligence for Fashion and Luxury Creating a Differentiated Customer Experience for Long-term Brand Loyalty Fashion is inherently an ever-changing industry. Customer preferences fluctuate
Solutions for Communications with IBM Netezza Analytics Accelerator The all-in-one network intelligence appliance for the telecommunications industry Highlights The Analytics Accelerator combines speed,
www.pwc.com/sap Customer effectiveness PwC SAP Consulting Services Advance your ability to win, keep and deepen relationships with your customers. Are your customers satisfied? How do you know? Five leading
IBM Global Business Services White Paper Industrial Products Steel supply chain transformation challenges Key learnings 2 Steel supply chain transformation challenges Key learnings Introduction With rising
IBM Software Thought Leadership White Paper July 2011 The case for Centralized Customer Decisioning A white paper written by James Taylor, Decision Management Solutions. This paper was produced in part
Advisory services Technology The heart of your business* Advance your ability to win, keep and deepen relationships with your customers Customer Effectiveness *connectedthinking Are your customers satisfied?
IBM Software Group White Paper Insurance Insurance customer retention and growth Leveraging business analytics to retain existing customers and cross-sell and up-sell insurance policies 2 Insurance customer
Don Campbell Chief Technology Officer, Business Analytics, IBM Technology and Trends for Smarter Business Analytics Business Analytics software Where organizations are focusing Business Analytics Enhance
Enterprise Content Management Optimizing government and insurance claims management with IBM Case Manager Apply advanced case management capabilities from IBM to help ensure successful outcomes Highlights
Introduction Enterprise Data Hub Accelerator Retail Sector Use Cases Capabilities Information-Driven Transformation in Retail with the Enterprise Data Hub Accelerator Introduction Enterprise Data Hub Accelerator
i Mtkang/Shutterstock B2B ecommerce trends and tides are signaling a shift towards a B2C- like Omni- Channel eco- system. arvato Systems North America 6 East 32nd Street, New York, New York 10016 United
IBM Sterling Order Management Manage orders and grow revenue across your extended enterprise Overview In this Solution Overview, you will learn: How to obtain cross-channel excellence by efficiently orchestrating
IBM Software Group Thought Leadership Whitepaper IBM Customer Experience Suite and Real-Time Web Analytics 2 IBM Customer Experience Suite and Real-Time Web Analytics Introduction IBM Customer Experience
IBM Analytical Decision Management Deliver better outcomes in real time, every time Highlights Organizations of all types can maximize outcomes with IBM Analytical Decision Management, which enables you
IBM Software Business Analytics Social Analytics Social Business Analytics Gaining business value from social media 2 Social Business Analytics Contents 2 Overview 3 Analytics as a competitive advantage
Embracing SaaS: A Blueprint for IT Success 2 Embracing SaaS: A Blueprint for IT Success Introduction THIS EBOOK OUTLINES COMPELLING APPROACHES for CIOs to establish and lead a defined software-as-a-service
IBM Customer Experience Suite and Predictive Analytics Introduction to the IBM Customer Experience Suite In order to help customers meet their exceptional web experience goals in the most efficient and
Unlocking the opportunity with Decision Analytics Not so long ago, most companies could be successful by simply focusing on fundamentals: building a loyal customer base through superior products and services.
IBM Software Cloud service delivery and management Rethink IT. Reinvent business. 2 Cloud service delivery and management Virtually unparalleled change and complexity On this increasingly instrumented,
Sage X3 Enterprise Business Management Solutions in the 21st Century: Table of Contents 3 Legacy Systems are Good to a Point 3 On-Premise or Cloud: Which Option makes Sense 4 The Modern Business Management
Lands End implements customer-centric strategies leader empowers marketing staff and develops more targeted campaigns with Unica Campaign Overview Business challenges Decouple interdependence of technical
IBM Commerce by CrossView, Order Management Order management in the cloud IBM Commerce by CrossView, Order Management 1 IBM Commerce by CrossView, Order Management is a solution that delivers strategy,
Introducing IBM Digital Analytics Lifecycle Perfecting the science of the customer journey Contents 1. Introduction 2. Why IBM Digital Analytics Lifecycle? 3. Understanding the customer lifecycle 4. Pinpointing
Position Paper Cross-Domain vs. Traditional IT for Providers Joseph Bondi Copyright-2013 All rights reserved. Ni², Ni² logo, other vendors or their logos are trademarks of Network Infrastructure Inventory
SOLUTION OVERVIEW SAS MERCHANDISE INTELLIGENCE Make the right decisions through every stage of the merchandise life cycle Deliver profitable returns and rewarding customer experiences Challenges Critical
Beyond listening Driving better decisions with business intelligence from social sources From insight to action with IBM Social Media Analytics State of the Union Opinions prevail on the Internet Social
HOW CLOSE ARE YOU TO YOUR CUSTOMERS? You know what kind of people your customers are. You likely even know their names, how often they shop with you and what they ve bought recently. But can you say which
ORACLE SUPPLY CHAIN AND ORDER MANAGEMENT ANALYTICS KEY FEATURES & BENEFITS FOR BUSINESS USERS Provide actionable information to conduct intelligent analysis of orders related to regions, products, periods
IBM Software Business Analytics Retail Delivering a Smarter Shopping Experience with Predictive Analytics: Innovative Retail Strategies Delivering a Smarter Shopping Experience with Predictive Analytics:
Presented In Conjunction With: Feature Sponsor Presented In Conjunction With: The Sale Is The Omni-Channel Retailers have come to realize the channel customers use to make purchases does not matter, because
Build Connections Enabling a business in manufacturing Building High-Value Connections with Partners and Suppliers Build Connections Is your supply chain responsive, adaptive, agile, and efficient? How
IBM Business Consulting Services Energize your supply chain network A European perspective New competitive advantage from existing investments An IBM Institute for Business Value executive summary ibm.com/bcs
Improve business agility with Message Broker Enhance flexibility and connectivity while controlling costs and increasing customer satisfaction Highlights Leverage business insight by dynamically enriching
Cost-effective supply chains: Optimizing product development through integrated design and sourcing White Paper Robert McCarthy, Jr., associate partner, Supply Chain Strategy Page 2 Page 3 Contents 3 Business
A Forrester Consulting Thought Leadership Paper Commissioned By TIBCO Software February 2016 Improving The Retail Experience Through Fast Data Overview Customers expect better-individualized experiences
IBM Software Thought Leadership White Paper Customer Analytics Understanding your customer s lifecycle journey Shorten digital purchase cycles by solving conversion struggles 2 Understanding your customer
IBM Executive Point of View: Transform your business with IBM Cloud Applications Businesses around the world are reinventing themselves to remain competitive in a time when disruption is the new normal.
Accenture Perfect CPG Analytics End-to-end analytics services for fact-based business decisions and high-performing execution Moving from insights to action at speed Consumer Packaged Goods (CPG) companies
IBM Software Master data management vision and value: Part 1 Develop an 1 2 3 4 5 Introduction Where does MDM fit into business strategy? Four value drivers From big picture to Resources Introduction Who
Top 5 Transformative Analytics Applications in Retail Learn how you can boost your bottom line and acquire engaged, happy customers with actionable insight from the world s most comprehensive analytics
Lead the Retail Revolution. The retail industry is at the center of a dramatic shift in the way consumers shop and interact with their retailers. After hundreds of years of customers going to the store,
IBM Netcool network management solutions for enterprise The big picture view that focuses on optimizing complex enterprise environments Highlights Enhance network functions in support of business goals
IBM Software Healthcare Thought Leadership White Paper For healthcare, change is in the air and in the cloud Scalable and secure private cloud solutions can meet the challenges of healthcare transformation
HOW TO TURN 9 RETAIL IT CHALLENGES INTO 9 BUSINESS OPPORTUNITIES Intro According to a recent market study on be the main driver of total retail sales Embracing mobility the state of the retail sector that
IBM Software A Journey to Adaptive MDM What is Master Data? Why is it Important? A Journey to Adaptive MDM Contents 2 MDM Business Drivers and Business Value 4 MDM is a Journey 7 IBM MDM Portfolio An Adaptive
WHITE PAPER The metrics that matter How actionable analytics can transform field service management performance. www. Introduction The top strategic action for two-thirds of service organisations is to
INDUSTRY OVERVIEW SAS for Grocery Empowering grocers to engage customers at every turn The grocery industry has changed. To withstand the onslaught of growing competitive pressures, most grocers have embraced
A financial software company Projecting USD10 million revenue lift with the IBM Netezza data warehouse appliance Overview The need A financial software company sought to analyze customer engagements to
Infor ERP Four distribution strategies for extending ERP to boost business performance How to evaluate your best options to fit today s market pressures Table of contents Executive summary... 3 Distribution
How to Leverage Big Data in the Cloud to Gain Competitive Advantage James Kobielus, IBM Big Data Evangelist Editor-in-Chief, IBM Data Magazine Senior Program Director, Product Marketing, Big Data Analytics
Microsoft Dynamics for Retail One solution connects retail end-to-end, driving growth and fostering customer relationships. Our vision is to empower midsized and enterprise retailers with a seamless and
By Jorge García, TEC Research Analyst Technology Evaluation Centers Around the world, organizations are incorporating mobile devices into their arsenal of work gadgets, using devices such as smartphones
Next-generation e-commerce for retail: How to optimize cross-channel marketing, sales and service. > ATTRACT AND RETAIN HIGHLY PROFITABLE CUSTOMERS > PROVIDE SEAMLESS CROSS-CHANNEL SHOPPING > EXTEND CAPABILITIES
IBM Software Thought Leadership White Paper Enterprise Marketing Management Today s empowered customer puts marketing to the test Enterprise Marketing Management empowers marketers 2 Contents 2 Businesses
The Order Management tipping point Why Salesforce is at the center of the new Communication Service Provider architecture Why Salesforce is at the center of the new Communication Service Provider architecture
Reduce your markdowns 7 ways to maintain your margins by aligning supply and demand On average, On average, Step off the high-volume, low-price treadmill Browse through any online store or shopping mall
SCALABLE ENTERPRISE CRM SERVICES Scalable Systems Email: email@example.com A majority of customer relationship management solutions have been designed and tested to solve yesterday's problems and
IBM Social Media Analytics Analyze social media data to better understand your customers and markets Highlights Understand consumer sentiment and optimize marketing campaigns. Improve the customer experience
SAP ERP OPERATIONS SOLUTION OVERVIEW YOUR SUCCESS Solving business problems is the general criterion for measuring success... SAP provides us with the powerful tools we need to solve our business problems.
Smarter Analytics Driving Value from Big Data Barbara Cain Vice President Product Management - Business Intelligence and Advanced Analytics Business Analytics IBM Software Group 1 Agenda for today 1 Big
Accenture Sustainability Performance Management Delivering Business Value from Sustainability Strategy Global executives are as committed as ever to sustainable business. Yet, executing a sustainability
IBM Software Business Analytics Customer Analytics Achieving customer loyalty with customer analytics 2 Achieving customer loyalty with customer analytics Contents 2 Overview 3 Using satisfaction to drive
SUMMER 211 VOL.52 NO.4 Nina Kruschwitz and Rebecca Shockley First Look: The Second Annual New Intelligent Enterprise Survey REPRINT NUMBER 52413 THE NEW INTELLIGENT ENTERPRISE First Look: The Second Annual
IBM Unstructured Data Identification and Management Discover, recognize, and act on unstructured data in-place Highlights Identify data in place that is relevant for legal collections or regulatory retention.
Jabil builds momentum for business analytics Transforming financial analysis with help from IBM and AlignAlytics Overview Business challenge As a global electronics manufacturer and supply chain specialist,
IBM Software White paper Information Management Continuing the MDM journey Extending from a virtual style to a physical style for master data management 2 Continuing the MDM journey Organizations implement
High-Performance Business Analytics: SAS and IBM Netezza Data Warehouse Appliances Highlights IBM Netezza and SAS together provide appliances and analytic software solutions that help organizations improve
IBM Institute for Knowledge-Based Organizations Challenges in managing organizational knowledge The term knowledge management (KM) conjures up a number of images: a customer service representative accessing
The retailers guide to data discovery How smart retailers are using visual data discovery to search for actionable insights that boost profits and help them understand their customers next move quicker
The Order Management Tipping Point: Why Salesforce is at the Center of the New Communication Service Provider Architecture Sponsored by Technology Changing the Customer Change is constant for all industries,