Back in 2013, when Paul Daugherty, CTO at Accenture categorically stated that every business is a digital business, it was a historical statement. Businesses who ignored it did it at their peril and would have to wrap their heads around that reality pretty soon.
Today, in the retail domain, big data analytics for retail has upended the industry for the better, and the race to the top will go to businesses that think digital-first.
The Big Data market is expected to touch $92.2B in 2026, from $18.3B back in 2014. For retailers, it’s now or never. If you notice even one of the below signs in your business, you do not want to have second thoughts to realize it is high time to invest in big data analytics: