In a retail market that’s becoming more and more competitive, quick, cost-effective innovation can be the single factor that separates retailers from their competitors. Retailers must be able to capture and draw insights from consumer data quickly and effectively to make key business decisions

While most people are familiar with use of cloud storage, or a centralized data storage system, there is a proven new technology emerging. Investing in edge technology or using a distributed data system to capture and process consumer data, is more conducive for faster insights and innovation at scale.

“Every customer we meet wants to move and innovate faster but at a lower cost. Edge technology makes this possible,” writes Nick East, GM, Software Products for Retail, NCR Voyix, in a guest article featured on ChainStoreAge.com and he continues by outlining five key considerations for retailers to keep in mind as they begin to craft and execute an edge strategy for their business.  

First, writes East, retailers should identify the business outcomes that they want to construct a strategy around. Successful retailers will “build a clear picture of the requirements and dependencies and prioritize core to store performance. Point of sale (POS), self-checkout and analytics are popular use cases for edge technology, particularly with the emphasis on agility, shrink loss and staff productivity.”  

Explore the full article to learn more about bolstering your business outcomes with edge technology.  

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