Upgrading from Magento 1 to Magento 2 is a great digital investment that has been proven to improve conversion, reduce cart abandonment, increase customer lifetime value, and simplify product information management. After migrating to Magento 2 from Magento 1, most merchants' revenue increases by 30 to 40 percent, largely due to improved checkout...
Supply chain management (SCM) is one of the biggest challenges in the fashion industry. Approximately 75% of fashion brands plan to adopt AI-infused solutions to improve supply chain flexibility. Optimized and flexible SCM helps your production, marketing, operations, distribution, finance, and customer service teams respond quickly to changing...
The financial services industry is undergoing digitalization at a dizzying rate, and this has resulted in a massive increase in the amount of internally generated data. Rapid increases in processing power and storage per dollar, combined with advances in machine learning and other analytics techniques, now offer financial institutions a high-value...
Digital transformation is both a key challenge and a fecund opportunity for businesses today. Businesses that are still waiting to embark on their transformation journey will soon depend on doing so for their very survival. Since the turn of the century, 52 percent of Fortune 500 companies have either declared bankruptcy, ceased operations, or...
Successful businesses invest considerable time and resources in determining what their competitors are up to. What are they selling? What strategies and tactics have they implemented? What's trending? Organizations need data and business intelligence to answer these important questions.
While shopping for a shirt online, I had a surprisingly poor experience with an apparel brand that I'm particularly fond of. Rather than naming names, let's call them Sean's Shirts. Sean's website makes some rookie mistakes in data management and user experience (UX) that undoubtedly cost their eCommerce channel several thousands of dollars in...
Businesses turn to EDI solutions because EDI has proven to improve business efficiency and reduce costs. Compared to manual business processes, EDI helps reduce costs and inefficiencies up to 35%.