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The top agendas for retail firms
Data and Analytic Report for Retail
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Key Takeaways

Following the pandemic-led shifts in customer preferences and lifestyle, soaring customer demand, and large-scale disruption of supply chains, 78% of the retailers surveyed are looking to accelerate their response to market changes. 70% are focused on improving customer experience and loyalty. A unified view of customer touchpoints is thus key at this juncture. Most retailers are already investing in expanding their digital intelligence assets and building predictive analytics capabilities. Retailers on the journey to data and analytics maturity are pointing out benefits such as increased revenue, new / better products and services, and improved customer experience delivery.

A Sneak Peek into Some Interesting Insights from the Report

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44% of respondents are at an intermediate level of data and analytics maturity
60% quote lack of maturity of data-management technology as a top challenge
71% expect to implement AI-enhanced Business Intelligence platforms in the next 12 months
32% are in the process of moving to a cloud-first approach
51% plan to increase their engagement of third-party service providers to build predictive analytics capabilities

Source: Forrester study
commissioned by WNS

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Data and Analytic Report for Retail
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