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Modern turn-key retail analytics and reporting solution built for omnichannel retailers…
Cathy Han, Founder/CEO of 42 Technologies, joins Pavan Bahl and Marc Raco on location at Shoptalk 2018 in Las Vegas to discuss the launch of a new NLP search product. MouthMedia networkstudioeast are powered by Sennheiser.
In this episode:
- Terabytes of data and a query into data of performing stores, kinds of inventory, market spend strategy
- Less than a second typically for individual searches vs. days in the past
- Big data platform for retailers, create reporting based on any specific information need
- BATMAN? (Business Analhtics Manager)
- Reporting portal was powered by entire data API
- How 42 technologies is able to use that name, acronym
- Expressing how much depth there is in platform itself
- 42’s goal always been to be the single access point for all retailrs going forward
- This is the beginning (V1 product) of where they were heading
- Another layer of product to accelerate and prove the power of the platform
- Instead of ten projects, can bring them together into one
- A technology application that can impact retailers to act quickly and nimbly, with agility
- Breaking down into smaller pieces and texting with speed
- Working with mid-tier retailers
- Helping to make them stronger into next phase of business
- People need outlets to sell and get to physical goods
- Consumers have gotten smarter, retailers need to go where the consumers are
- At Shoptalk,noting that AI moving from deep learning to applications
- Automation of more accurate searches and product tagging can have big impact on business
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