Thanksgiving was right here! Half of the globe witnessed some crazy shopping kicking off the entire holiday season, and retailers had a whale of a time, offering luscious discounts and consumer gifts at half the prices.
Before the weekend Thanksgiving sale, 69% of Americans, close to 164 million people across the US were estimated to shop– and they had planned to shell out up to 3.4% more money as compared to last year’s Black Friday and Cyber Monday sale. The forecasts came from National Retail Federation’s annual survey, headed by Prosper Insights & Analytics.
Continue reading “How Data Analytics Influences Holiday Retail Experience [Video]”
Want to get to the core of understanding risk within various business frameworks? The answer is Risk Analytics. This new breed of data analytics facilitates organizations in precisely defining, recognizing and managing their risk, and its need is going to increase in the coming few years. New developments in risk analytics are gaining limelight and bringing a notable transformation in the market, while enhancing its overall capability.
Recently, a team of analysts had eureka moment – they introduced a new concept of real-time risk analytics – it is nothing but a modern, more advanced version of traditional risk analytics methods. Here, the prediction is based on real-time data – it processes, examines and determines risk all on a real-time basis – hence top notch financial institutions are putting real-time risk analytics to best use to manage and mitigate associated risks. Several asset management, portfolio management and hedge fund firms, and investment banks are relying on this mode of risk analytics to modify their operating principles to play in accordance with investment and market shifts.
Continue reading “Risk Analytics Market: Serious Growth Rate Projection for 2017-2021”