The future of retail has a brand new look. AT&T helps retailers deliver an enhanced shopping experience and increase operational efficiency by transporting data when and where itβs needed, from edge-to-edge.
remember this - Amazon bought Whole Foods precisely because the retail experience aligned with the overall vision, proof that brick n mortar retail isn't destined for extinction
Physical retailers need a clear strategy in how to fuse together the online and physical experiences...through acquisition, mergers...driven by a clear business strategy....
Throughout the lifecycle when executing a retail strategy, it's important to gather data to test that the strategy is working and where you're up to...
what about the high street retailers...they are closing down everyday in U.K. market, as online disruption is here now...how can employees survive there jobs...learn new tech skills?
Employees need to re-imagine the shopping experience and use technology to always be there even when the customer isn't in the store (In an unobtrusive way, of course)
Reliable, highly available and high bandwidth networking connections...bandwidth is currently the constraint on innovation...that is why 5g is going to be so important...
When humans can directly plug into their network...at near the speed of light...without latency...we will have reached a new state of augmented, cyborg reality...
- the great thing we're finding with #DigitalDisruption and #DigitalTransformation is that it offers a "level" playing field for all who invest in making the change
Augmented reality and virtual reality (AR/VR), artificial intelligence (#AI), and robotics are able to turn a passive shopping experience into one in which the consumer is directly engaged in their retail journey. https://shape.att.com/blog/future-of-immersive-bra...
@MissTalent86 A core skill that will never go away, is being able to deal with customers, in an engaging manner...I believe tech only augments this...but people love talking with people
- underpinning almost every major shift today for business, esp. #Retail, are smarter Data Driven Business models, and #IoT, #BigData and #AI / #ML are key drivers of success and capability here.. for all..
@evankirstel - every tool, platform, system, produces #Data which now allows organisations to perform #Analytics on that data in real time for #Retail decision making, either buying, selling or logistics
@MusicComposer1 - indeed, education, awareness, education, are all so so critical, if folk don't know about, or understand, or have access to and can use any of this then it's of little value to most
@dez_blanchfield Education and learning to fail fast is really important....people need the licence to experiment, innovate and be empowered to use agile with data science...
@MusicComposer1 - we can already see from those in the #Retail industry segments who have made the move to adoption, they are already benefiting massively
#RetailRealTalk
