Tretail Analytics Market to Reach US$ 5.1 Billion by 2020
Analytics is changing the retail industry fast as more sellers start to recognize the value of big data and exactly how it will certainly drive successful marketing decisions based upon insights obtained from customer intelligence and predictive analytics.
Inning accordance with a MarketsandMarkets report, the retail analytics market is expected to get to USD 5.1 billion by 2020, improved by increasing need for customized analytics services in the emerging economic situations of MEA and APAC. With MEA market alone projected to tape-record the highest CAGR for the exact same period, SAS, the leader in analytics, is organizing the first SAS Retail Analytics Cruise on 16 March 2017, aboard the Lotus Mega Luxury yacht, at Pier 7, Dubai Marina.
With the UAE retail market to be worth US$ 54.5 billion in 2017, according to Dubai Chamber of Commerce; and industry projections that customer investing is readied to top USD 204 billion for 2017 across a range of industries, the one-day event will feature sessions from domain name and industry specialists on utilizing analytics for need forecasting and intending optimization, consumer intelligence and retail analytics, to help organizations become a lot more competitive, lower functional expenses, increase profits and optimize success and shareholders worth.
" In terms of technological innovations, the UAE and regional retail industries have significantly developed in recent years as increasingly more sellers now recognize the duty of big data analytics in improving much better customer solution and experience," stated Marcel Yammine, General Manager, Gulf & Emerging Markets at SAS. "This unique event will certainly serve as a perfect platform to acquire insights and the possibilities that retail analytics needs to use and the key duty it plays in improving the performances in daily business management and successful decision making."
through this occasion, sellers and C-Level executives will certainly learn means of utilizing analytics to their benefit and taking definitive activity to provide results. In addition, participants will gain understandings right into finest methods, technology, skills and methods that will facilitate advertising groups to improve sales, create even more earnings and enhance supply chain. Dealing with the event will be high-caliber speakers from retail heavyweights consisting of Spots, Hepsiburada, and host of global SAS experts.
To find out more regarding the occasion or to sign up, please check out https://www.sas.com/en_ae/events/17/retail-analytics-cruise. html #agenda.
