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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. Early in the pandemic, retailers had to cope with surge buying, as customers emptied shelves of stock while preparing to stay at home.

Retail 186
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AI in action: Stories of how enterprises are transforming and modernizing

CIO

AI practitioners and industry leaders discussed these trends, shared best practices, and provided real-world use cases during EXLs recent virtual event, AI in Action: Driving the Shift to Scalable AI. And its modular architecture distributes tasks across multiple agents in parallel, increasing the speed and scalability of migrations.

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The retail edge: Where data powers game-changing customer experiences

CIO

The future of retail is omnichannel The last three or four years have changed retail forever. 1 But despite some of the benefits of online sales, this isn’t all good news for retailers. 2 Dell Developing omnichannel omniscience requires edge data insights Now, more than ever, the edge is valuable territory for retailers.

Retail 197
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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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A blueprint for successfully executing business-aligned IT strategies

CIO

For instance, an e-commerce platform leveraging artificial intelligence and data analytics to tailor customer recommendations enhances user experience and revenue generation. These metrics might include operational cost savings, improved system reliability, or enhanced scalability.

Strategy 183
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Data Expo, MS Fabric, Data Mesh, and the AI Revolution. Xebia Data Q3 Highlights

Xebia

In September, we organized the 11th edition of the Analytics Engineering Meetup. Jan Boerlage and Aletta Tordai showcased Sligro’s digital transformation through a scalable cloud-based data platform, illustrating the impact of cloud solutions on business agility and decision-making. You can check out their presentation here.

Data 130
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Scaling Startups: The Ultimate Guide For Founders

Luis Goncalves

This isn’t merely about hiring more salespeopleit’s about creating scalable systems efficiently converting prospects into customers. Software as a Service (SaaS) Ventures SaaS businesses represent the gold standard of scalable business ideas, offering cloud-based solutions on subscription models.