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Dubai: Supermarket shelves loaded up with all the product categories and brands that one can think of – that’s a good thing, right? Not so, says new findings by NielsenIQ, the market consultancy, which says that overloaded shelves will not fetch desired results for retailers. In fact, it could make for dismal returns. Take skincare, for instance. In the UAE, 73 per cent of products/brands make up less than 2 per cent of the overall sales in the category, which suggests a “glut in non-performing products and variants that exist within just this one category alone,” according to Nielsen...

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. AWS launches FinSpace analytics service for FS firms 04 May 2021 Source: Amazon Web Services Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. Amazon FinSpace aggregates, catalogs, and tags data ...

Only 10 per cent out of an average of 1,059 brands that are launched monthly in India get sufficient distribution, as per the NielsenIQ report

Embrace digital technologies Beatriz Sanz Saiz, EY’s Global Consulting Data & Analytics Leader, talks to Neil Tyler about how companies should look to embrace new technology. According to Ernst & Young’s report, ‘Tech Horizon: Leadership perspectives on technology and transformation’, which takes a look at new technologies and how they are helping to accelerate business digital transformation, companies leading the field in embracing digital technologies are, putting it simply, able to make more money than their competitors. The report looks at the...

Informationweek Commentary Here's how IT leaders can help to achieve a better ROI from their artificial intelligence initiatives. Image: Mclittle - stock.adobe.com Last year was difficult for individuals, companies, and governments -- the pandemic and the resulting economic downturn have impacted all of us. If there is one silver lining in this gloomy review of 2020, it is the rise in the use of digital, analytics, and AI. PwC’s survey of over 1,000 US executives, conducted during November last year, revealed that a quarter of the companies reported widespread adoption of AI, an increase of...