Data Observability in the Era Of Phygital Retail
Blog post from Acceldata
Despite the challenges posed by COVID-19 and economic fluctuations, the global retail industry experienced significant growth in 2020, reaching over $4 trillion. This growth can be attributed to the rise of eCommerce and digital-first stores. Retailers are increasingly relying on big data analytics and AI-based tools to improve campaign performance, marketing initiatives, backend operations, inventory management, and financial governance. Data observability plays a crucial role in ensuring the quality and integrity of retail data, helping businesses monitor breakdowns, manage data across layers, and gain comprehensive insights into their data stack for improved efficiency.
| Trend | Post Mentions | Total Month Mentions | Posts | Companies | MoM |
|---|---|---|---|---|---|
| Observability | 5 | 1,235 | 206 | 69 | +57% |
| Real-time | 3 | 1,808 | 407 | 154 | +39% |
| AI Model Fine-tuning | 1 | 51 | 27 | 22 | -20% |
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