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While big data is becoming ubiquitous, savvy companies can still stand out from the crowd by focusing their data insights on improving not only the bottom line but also the customer experience.
Whether Amazon will use this data for its own benefit, or use it to offer users of its POS data insights on its own customers remains to be seen.
We'll have to wait if Facebook monetizes its identity layer in commerce just by selling ads, or potentially by collecting data insights on purchasing trends, or even scoring a share of sales revenue.
Tenzo, a London startup and graduate of Techstars, has built what looks like an interesting and timely platform to help restaurants (and potentially any brick 'n' mortar retailer) get real-time data insights on how they and their staff are performing.
My top pick: Clearbit is a highly affordable, efficient way to get enriched, verified data insights on both companies and individuals.
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By comparison with experimental data, insight on the performance of 10 exchange correlation functionals is also given.
Her team relied on data insights to design the store - for example, where to place books and signage based on book buying metrics.
It's key to strike a balance between an over-reliance on data insights for decision making and the more traditional growth mechanics of innovation and creativity.
First, as a free productivity platform specifically for sales reps who are provided with data insights based on various data sources on their phones and CRM apps (a more detailed breakdown of how the service works is here).
The marketing function needs people with not only data skills but also an understanding of the potential to optimize real-time customer interactions based on data insights.
The ability to capitalize on data insights and analytics can make or break a company.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com