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A new report from Dun & Bradstreet reveals businesses are missing revenue opportunities and losing customers due to bad data practices. Almost 20 percent of businesses have lost a customer due to using incomplete or inaccurate information about them, with a further 15 percent saying they failed to sign a new contract with a customer for the same reason.
More than half of small businesses (52%) will outsource business processes in 2019. Small businesses will most frequently outsource accounting (21%), IT services (20%), and digital marketing responsibilities (20%).
Artificial Intelligence has many known uses and benefits for several industries. The restaurant industry is one of these industries in which AI can be extremely useful.
Although the global smartphone market is bigger than ever, many developed markets are in retreat. Based on our last data analysis, in the UK, consumers seem in no rush to buy new handsets and they can take months to complete a purchase.
According to our latest data analysis, 71% of UK consumers said it was very, or somewhat important, that they recognize a brand before they make a purchase.
The imperative for retail brands, therefore, is to devise an omnichannel strategy that connects with core customers as they move between retail channels and touchpoints.
5G provides unprecedented speed rates, lower levels of latency and a stronger connection which ultimately will lead to three main outcomes that will significantly improve the way some industries work.
Here are some of the ways in which AI can be of use for financial services providers.
As the retail industry becomes more and more digital, it opens up the path for data and technology to be used by brands in order to connect with their consumers and expand their businesses.
