With the growth in the retail industry comes new technology to help retailers gain a competitive edge. Big data analytics can provide retail businesses with crucial insights from transaction information to social media metrics to measure customer behavior, business success, and overall market efficiency. Here are five types of big data analytics that top retailers are already using to benefit their business.
Data is a powerful asset for virtually every business. Data can inform processes, help identify inefficiencies and risks, and succor effective decision-making within an organization; enabling one to replicate workflows and capitalize on opportunities. In regard to operations and maintenance (O&M) within the commercial building space, computerized maintenance management systems (CMMS) are certainly no exception.
The IoT provides actionable data that building owners and administrators can use to their benefit. Data is important for buildings the be safe, healthy, and high-performing. Traditional data collection falls short of fully optimizing building performance; and this is where the IoT comes in with its ability to gather and communicate data in real time at the granular level. Here are 5 ways to get the most out of the IoT and improve your data collection.
Accurately measuring your traffic is important to exhibitors and sponsors, as well as the trade show hosts themselves. An accurate traffic count can ensure that a sponsor or vendor wants to spend their marketing dollars on your event; traffic analytics can be the determiner on whether someone sees your show as successful or not. Unfortunately, hand counters at the show entrances, ticket check-ins, and ticket sales on-site only gives an estimate of true foot traffic and are outdated, especially if you have multiple ticket options. Technology is your solution to getting the most accurate metrics at a trade show. Best of all, these technological options don’t require a lot of staff. Here are 5 of the best technologies available to you to track metrics at a trade show.
Reducing the amount of energy you use in your business has numerous benefits. It saves money, can make your business more efficient, and also makes you look better to your customers. But achieving these goals is not as simple as buying all energy-efficient products in the marketplace and installing them in your business. As with everything else, you need to make sure that the energy management solutions you’re bringing in are right for you.
Here are a few tips to help determine what you need and what are the best solutions for you:
Think of it like this; would the return on a potential investment seem more probable if it was backed by the notion “Our booth was a total success! Packed!” or will it curry more favor when paired with quantifiable data that outlines why it’s a fiscally advantageous decision. To put it simply, you need to measure several key performance indicators (KPI’s) to best illustrate how your trade show exhibit, has, and will perform.
Unsure what to measure? Check out this infographic.
Rewinding a decade, it might be hard to imagine how you went about your day-to-day life without a smartphone. Today's marketplace, however, has evolved alongside rapid technological innovations, giving consumers access to revolutionary devices that far surpass the capabilities of cellphones: Internet of Things (IoT) technologies.
The Internet of Things (IoT) is a revolutionary technology that is transforming how people communicate, work, shop, research, and much more. When considering the impact of IoT technology on everyday life, we initially think of "smarter" phones, home appliances, cars, and fitness trackers -- but the possibilities and created by IoT infrastructure will far surpass the life of the everyday consumer.
Accurate and reliable data is crucial to making effective business decisions. To cut costs and increase the efficiency of their business operations, many of today's enterprises have sharpened their focus on the actual use of space (AUS); generating metrics to gauge average occupancy levels and amount of space per employee.
Buildings designed with human consciousness in mind
advances in neuroscience have provided new insights
Classical architects designed buildings to be functional, beautiful, and durable, noticing a link between geometry (the Golden Mean ratio) and human experience. Contemporary science and architecture are evolving to the next level. Advances in neuroscience are providing new insights that architects are leveraging to creating buildings designed with human consciousness in mind.
As human beings, we spend almost 90 percent of our lives indoors, so the quality of the indoor environment impacts a significant portion of the human experience. Your surroundings are in constant interplay with the thoughts and feelings you have while you inhabit those surroundings. Pioneers in neuroscience (the study of the brain and nervous system) have been mapping brain activity for decades, making great strides in terms of understanding human development. Focus is now being applied to understanding the elements of human consciousness – the elusive mixture of inputs and connections that gives rise to our sense of knowing both ourselves and our environment.
DESIGN OUR SURROUNDINGS WITH FOCUSED INTENTION
Our consciousness is affected by the world around us. We spend the majority of our lives as the inhabitants of one building or another. The way that those buildings are designed and programmed makes a difference in how we perceive our surroundings. By studying brain activity in various situations, scientists and architects can work together to yield responsive buildings designed to stimulate, support, and encourage various mental states.
Imagine an elder care facility designed to stimulate brain activity and promote a sense of well-being and peace. The activities held there are structured to care for elderly residents in the best possible way, and it is possible that those activities will achieve a higher level of success based on the enhanced mental state of the building’s inhabitants by virtue of the neurospatial nature of the building’s architecture. Neo-natal wards for premature babies are being designed with the growth of the infant nervous system in mind. With special lighting and sound parameters in place, the development of the child’s ability to process light and sounds progresses as naturally as possible.
The age of neuroscientific architecture is dawning with possibilities. The more we learn about brain activity and consciousness, the more we will be able to design our surroundings with focused intention, creating structures that support the activities of their inhabitants to an extent never before realized.
IoT intelligence at every step
Scanalytics SoleSensor is an intelligent floor sensor that tracks steps through physical environments. This data is processed in the cloud and sent to end-users via data dashboards for analysis. Smart gateways powered by Intel® technology provide edge analysis that leads to real-time insights and alerts. Our neurospatial scientists are further developing ways to transfer that data back to a building for it to operate more responsively and efficiently.
Learn how your company can achieve compelling returns when you measure, analyze and make informed decisions.
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Topics: Technology, Industry News, Product News, ROI, Business Intelligence, Data Analytics, Predictive Behavior Analysis, solesensor, presence detection, automated systems, dynamic data, smart buildings, neuroscience, architecture, human consciousness