Connecting digital exponential technologies to the future of retail
The Retail Industry finds itself right in the center of disruption. Foot falls are dropping, stores are closing and traditional flagships are biting the dust. Consumers have multitudes of choices, are unafraid of making them and they are making these hyper personalised choices online. Brands too are bypassing stores and going online, straight to customers. Even as consumers become increasingly moving online, a number of categories, that conventionally appeared to be suited only for physical stores, seem to be moving online as well. Everything is online but there too things are changing rapidly.
Consumers are increasingly seeking online, the same comfort and engagement of their senses that they would experience in a physical store. Exponential innovation in digital technologies such as AI, AR/VR, IoT, Robotics and others are not just making this increasingly possible, but also transforming that possibility into a rapidly moving target. And so everyone in retail, from brick and mortar stores to the online players are challenged with constantly having to innovate to remain competitive.
The business objective of every retail player is to digitize every part of the retail value chain from sales to customer engagement, store operations, security, delivery, merchandizing, warehousing, logistics, purchase and supply chain management. At WhatNext, we bring the unique capability of unparalleled insights, creative advisory and a global ecosystem of exponential technology partners to address every such unique business objective of our clients
Examples of Industry Questions that we Answer
How can we use digital technologies and data driven insights to transform retail operations?
What is the recent delta achieved in a digital technology area that can transform retail ? i.e. Digital Humans?
Which technology (i.e. robotics or drones or sensors) or technology combination ( i.e. Robotics & Artificial Intelligence) can address my specific business need?
How do we optimally adopt 5G, overall or for specific applications? What technologies do we use?
How can I apply technologies such as artificial intelligence, IoT, blockchain, Robotics, etc. for the purpose of circularity?
What are the new business models available to me because of new innovation in blockchain, AI and IoT?
I need technology due diligence to be conducted of a specific start-up or technology?
Which start-ups globally are best-fit acquisition / technology adoption opportunities for my specific business use case?
WhatNext Addresses every Retail Value Chain Area
LOGISTICS & TRANSPORTATION
ON-DEMAND DELIVERY TECHNOLOGIES
AI ENABLED FINANCIAL SERVICES
PACKAGING & DISPLAY
SOURCING & PROCUREMENT
CUSTOMER ENGAGEMENT & LOYALTY