Using physical stores to support digital shopper traffic might seem counterintuitive, but monthly rental fees are a sunk cost and inventory is already sitting on shelves. A reported 75% of consumers intend to continue shopping via online platforms even after stores reopen, meanwhile retailers report reducing their investment of on-hand inventory by 30%. This juxtaposition makes real-time inventory visibility a priority.
“McKinsey research shows bold moves to adopt digital technologies early and at scale, combined with a heavy allocation of resources against digital initiatives and M&A, correlate highly with value creation”
Digital strategy in a time of crisis, © McKinsey 2020
Imagine having to identify every customer data point in 100s of business systems, capturing all of that out-of-step from BAU operations, and then purging it from wherever it is.
When I was interviewed for my role at MuleSoft a few months ago, I was asked if it was possible to have more than one System API layer. I froze — and it’s possible this question has crossed your mind as well.
After the interview, I sketched out some use cases to figure out the answer to this question. It did not take long for me to understand that API-led connectivity is not strictly restricted to three layers — System API,
In the digitalization era, “data is the new bacon.” What does this mean? Data can be served in different ways just like bacon and can be used in different ways by different audiences. It also makes food taste better, that is how data can be used to make businesses better and efficient.
The COVID-19 pandemic has inspired tremendous change in every industry. Business leaders faced with a changing workforce and world have had to pivot faster, decide faster, and deliver faster — and at the end of the day, they still have to delight their customers.
Three years ago, Category 5 Hurricane Irma was quickly approaching the coastline of Florida — forcing many evacuees to frantically join long lines at gas stations to fuel up as they fled north. At the same time, Tesla’s CEO Elon Musk announced that the company would boost the range of its cars, enabling Tesla owners to travel further out of the range of the storm. This was accomplished by temporarily providing access to additional reserve battery power.
As data is more than ever fueling digital transformation strategy leading potentially to industry disruption and disintermediation, this blog discusses the importance of breaking organizational silos as a first step by challenging the status quo and establishing a culture of change: before facing the complexity of systems and architecture, IT leaders need to adopt a digital mindset.
Data-based insights are a critical component of strategic decision-making in business today. We know this because, time after time, we’ve seen companies that successfully apply data and insights to their decision making perform better on key business metrics. They are 23x more likely to add new customers, and 9x more likely to retain those customers. They are also 19x more likely to be profitable.
These numbers paint a very clear picture: business leaders must bring data and insights into their decision making,
It’s rare for developers to work with flat data structures — instead we often work with multilevel data structures. Normally, XML uses multiple layers of hierarchy. We need to perform changes on all the levels, without knowing how deep into the hierarchy we need to process the entire structure.
Developers typically use recursive calls to solve these types of problems. In this blog post, we will see how to implement simple recursive calls using DataWeave.
I often get asked the question, “What is your data strategy?” It’s a bit of a tricky question as in some areas we do a lot with data, and in other areas, we do very little with it. The market has trained folks to believe they need to become ‘data-centric’ via a data strategy — and so it goes.
The data tools market has various solutions with overlap amongst the different segments which are defined differently by the analysts that cover them.
