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Retail Thrives with In-Memory Capabilities

Blog: Software AG Blog - Reality Check

SAG_Social_Media_913x560_Forrester_Oct15_v2A retailers’ journey to all things digital is fraught with hurdles as it strives to deliver the omni-channel vision, know where its inventory is, reduce cart abandonment, deliver the store of the future and understand its customers’ behaviour.

In-memory technology is becoming a key component in addressing many challenges in retail and I am proud to be able to say that independent research firm Forrester Research has named Software AG a Leader in the Forrester WaveTM: In-Memory Data Grids, Q3 2015 category, for its Terracotta In-Memory Data Fabric platform.

In-memory capability has become the touchstone for processing blazing fast, high-velocity, high-volume data with low latency; and, with falling prices for random access memory (RAM), memory has become more affordable. And, with the explosion in Big Data, in no small part thanks to the Internet of Things, high-speed interpretation of this data is a key differentiator.

In-memory can help smooth the path to omni-channel, manage inventory visibility, avoid peak shopping delays, reduce abandoned baskets and gain a clearer view of customers. In-memory can help turn your brick-and-mortar store into a smart store, complete with monitoring for valuable insights.

Here are some examples of where retailers are using in-memory technology to drive visibility & control, reduce inventory and increase sales:

In-memory technology has becoming highly relevant in retail. With the advent of more real-time data that will come from Internet of Things initiatives this only looks to increase further. Are you ready?

The post Retail Thrives with In-Memory Capabilities appeared first on Reality Check.

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