I want you to picture your kitchen at
home if you're like most people you can
trace many of your groceries back to the
original source and so it's this
farm-to-table sense of knowing the local
grower who's responsible for your
produce I spent a lot of time thinking
about the future of the retail grocery
industry today about ten percent of US
shoppers are buying their groceries
online and that's steadily increasing
with new technologies like IOT like
artificial intelligence this concept of
a smart kitchen that cooker restock
itself we're not very far away from that
grocery retailers are challenged to
match smart kitchens with smart aisles
grocers who are securing the edge are
the ones that are investing behind AI
platforms that are designed specifically
for retail they're actually built on the
retail specific data over the next two
to three months it learns the behaviors
and the preferences of your actual
customer base and so in the end what you
have is highly accurate forecasting
model that can help you make inventory
decisions that can help you make pricing
decisions and can help you design the
optimal promotions that's going to
ensure that your products are moving off
the shelves data is only useful if you
can process it quickly and you can
process it efficiently if you can do
that you turn data into real
intelligence that you can use to
personalize the customer experience my
smartphone can ping me with a
personalized discount that's crafted for
me and so if I click on that discount I
could be presented with a store map to
actually find these items and now I can
be guided through the aisles with
shelving that lights up as I approach it
insights need to be processed very close
to where the data sets it's I'll give
you an example if you're standing in the
produce aisle there isn't time to send
the data to an off-site processing
center back to the store and then back
down to the customer so in today's era
seconds matter in the customer
experience the future the grocery
industry belongs to those organizations
that can process data at the edge of
your network in that way the concept of
edge to edge intelligence is tailor-made
for the grocery business
because we want to keep our data as
close to the source as possible just as
we want our food to travel the short
distance from the farm to the table
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