The New Retail Revolution: Connected Store
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Transcript of The New Retail Revolution: Connected Store
PowerPoint Presentation
The new retail revolution:The Connected Store
Retail is changing. And the retail store must change, too.
In 2015
Online sales totaled $341.7 billion.*
And ecommerce accounted for
60.4% Of all retail sales growth.*
2016 IBM
And yet
still prefer to shop in-store.*
85% of consumers
2016 IBM
More than 20 online retailers have opened physical stores in the past few years.*
How can the retail storetransform to meet the needs of the digital era?
Our stores can tell us, if we just listen.
The Future of Retail: The Connected Store
With data from the Internet of Things, retail store operations can be transformed to rival those of any online retailer.
10
Watson IoT
FFood Loss
Temperature sensors trigger alerts if food reaches an unsafe temperature preventing spoilage.
2016 IBM
Energy useWith data from occupancy sensors, smart HVAC and lighting can automatically adjust to variations in need between peak and off peak hours.
Watson IoT
Preventive maintenanceBy analyzing equipment performance indicators such temperature, vibrations or power consumption, retailers can predict when equipment will fail before it does.
Queue managementWatson IoT
Queue Management Using heatmaps of shopper density and location, retailers can offer timely services and reallocate staff to meet demand in real-time.
Watson IoT
Shopper Insights
Insights from in store behavior, purchase history and social media activities can help retailers to provide personalized offers and predict future trends.
Watson IoT
Inventory managementRFID tags can capture data including GPS location, temperature, pressure & other information, helping retailers track inventory across the supply chain and restock shelves to meet demand.
Watson IoT
Fleet Management
GPS location and weather data provide information about road and environmental conditions that enables better route planning and ensure drive safety.
Watson IoT
Vendor Fraud PreventionUse real-time data analytics to manage complex vendor networks, ensuring shipment, product quality, and pricing accuracy.
Smarter shopping experiences
Smarter merchandising and supply networks Smarter operations
IntroducingSolutions for:
Why Honeywell partnered with IBM Announcing Honeywell BuildingSense powered by IBM
19
IoT platformcognitive apis
sensor technology
automation & workflow technologies
building controlsedge & application analytics
combines Honeywells expertise in:IoT platformcognitive apis
3rd party data (weather, social)
facilities management
with IBMs expertise in:
To deliver integrated solutions for retail operations.
Real-time visualization and monitoring
Anomaly detectionIntelligent operations controlsMobile alerts
Retail solutions give you control of your store, in the palm of your hand
Why Honeywell partnered with IBM Announcing Honeywell BuildingSense powered by IBM
21
Want proof of what IBM and Honeywell can do?
Give us a store and well show you.http://ibm.co/iot-store-pilot
22
Watson IoT in retail Store operations for the next era of retail.
Learn more at IBM.COM/IOT/RETAIL