1010data: Harvesting the Market Basket

Traditional approaches to data warehousing and business intelligence have generally been adequately successful in meeting the needs of SKU-by-store level analysis for most retailers. Data collected from POS systems today is usually summarized and then loaded into a data warehouse. Most of us are familiar with the software and hardware technologies that have been used over the years to produce dashboards and reports to facilitate decision-making using this level of data. It has been a relatively good thing, although expensive and cumbersome for most retailers. The challenge now is that the solution has not gone far enough nor fast enough for the ever data-hungry user.