Opportunities for Next Generation Search in Retail (Analyst Insight)

Data-intensive industries such as retail would benefit from next generation enterprise search technology, particularly as the number of structured and unstructured data sources continues to grow. Retailers are investing in technologies to improve business efficiencies, but could further benefit from improved functionality if next generation search technologies were incorporated.

Scope

*The retail sector is data-rich and the number of available data sources from which retailers should gain insight, is growing.

*Retailers would benefit from next generation search technology, such as semantic search.

*Current retail investment priorities create opportunities for semantic search technologies.

Highlights

Although retailers are storing large amounts of data, so far the current legacy systems have proven incapable of using this data for the strategic benefit to the retailers' businesses.

Technologies that are considered as potential areas for investment, such as HCM (human capital management) and knowledge management, could be enhanced and deliver greater benefit if next generation search capabilities were incorporated at some level.

Reasons to Purchase

*Understand the opportunities for next generation search technologies, such as semantic search, in the retail sector.

*Learn the business issues in retail and how these can be addresses using semantic search technologies.