REGISTER   |   LOGIN   |   HELP
Home  |  Blogs  |  Message Boards  |  Webinars  |  Resources |  By Channel
Beth Schultz

Wal-Mart Dreams Up Insight Innovation

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
Andrea Scarso
User Rank
Prospector
Re: Faceted search
Andrea Scarso   11/28/2012 8:25:51 PM
NO RATINGS
@Beth: When ten years ago I met the concept of faceted navigation in Marti Hearst's papers, I have been impressed by the similarity of faceted navigation with classical multidimensional OLAP approach, as analyzed in many accademic papers (for example, www.siam.org/proceedings/datamining/2009/dm09_103_zhangd.pdf or nadav.harel.org.il/papers/p33-ben-yitzhak.pdf ).
But I have always been puzzled by the difficulty for this concept to gain ground in the Enterprise, where only numerical and structured data were analized in OLAP cubes, while faceted search was, at best, used by information architects to navigate intranet pages; missing completely, apart few experiences, the potentiality of analyze contextually numerical and textual informations.
Maybe now is the right time, as the WalMart project suggests, when social media data are approaching the volume of traditional numerical data.
Recent examples, http://iswc2011.semanticweb.org/fileadmin/iswc/Papers/Research_Paper/12/70310001.pdf, testify the interest in the concept, but the approach is still quite traditional.
I haven't personal experiences of large scale projects geared toward real-time facets extraction from social streaming, but I suppose that good canditates for an implementation stack could be Kafka, Storm, Lucene and Bobo.

BethSchultz
User Rank
Blogger
Re: Faceted search
BethSchultz   11/28/2012 12:52:01 PM
NO RATINGS
@Andrea Scarso, thanks for jumping into the conversation. Let me ask, where have you seen "faceted search meets social big data" on a smaller scale? (I'm not implying it hasn't been, just curious if you can point us to some cool examples.)

 

SaneIT
User Rank
Data Doctor
Re: Trendsetter or follower?
SaneIT   11/28/2012 7:26:34 AM
NO RATINGS
Agreed, the niche suppliers are going to be on very shaky ground.  I know someone who has done business with WalMart in the past, it's been tough to get on the shelves in the first place for a long time.  I can only see that getting more difficult when they are looking at trending products more closely.

Andrea Scarso
User Rank
Prospector
Faceted search
Andrea Scarso   11/27/2012 6:05:56 PM
NO RATINGS
Faceted search meets social big data.

Interesting idea. Not new, but never executed at Wal-Mart scale.

Pierre DeBois
User Rank
Blogger
Re: Trendsetter or follower?
Pierre DeBois   11/27/2012 1:03:48 PM
NO RATINGS
I also think small businesses that have managed to gain shelf space at WalMart will have a potentially shorter window of opportunity to prove themselves in sales.  I can see some losing shelfspace because Wal Mart determined that the vendor's product did not meet sales targets.  I am not fully familiar with the process, but that's my first immediate thought. I am open to other thoughts on this.

SaneIT
User Rank
Data Doctor
Re: Trendsetter or follower?
SaneIT   11/27/2012 8:48:13 AM
NO RATINGS
@Callmebob, agreed, although WalMart has been better at collecting data for a long time this new platform seems to be turning them toward competing more closely with small specialty shops that stock items becasue customers asked for them or it's what the operator is "into".  This lets WalMart be as flexible as the smaller shops which was one of their last saving graces.  

BethSchultz
User Rank
Blogger
Re: Trendsetter or follower?
BethSchultz   11/26/2012 3:33:47 PM
NO RATINGS
@callmebob--I do admit the word "monopolistic" comes to mind sometimes when I hear of some of the advanced big-data analytics work retailers and others are doing. 

Callmebob
User Rank
Master Analyst
Re: Trendsetter or follower?
Callmebob   11/26/2012 3:28:28 PM
NO RATINGS
@Beth - Absolutely. But with it, the platform makes the competitive hill against WalMart even steeper.

BethSchultz
User Rank
Blogger
Re: Trendsetter or follower?
BethSchultz   11/26/2012 2:28:25 PM
NO RATINGS
@callmebob, true. But wouldn't you say that even without the Social Genome Platform Wal-Mart already dominates the small fry retailer on data analytics anyways?

Callmebob
User Rank
Master Analyst
Trendsetter or follower?
Callmebob   11/26/2012 2:22:44 PM
NO RATINGS
If small retailers didn't have enough to worry about, WalMart Labs with their Social Genome Platform can dominate them on the big data analysis front. Their dashboard gives their business managers the ability to whittle down their merchandising assumptions and increase their home run capabilities. The small fry retailer won't have that luxury and find it easier to be a trend follower if they can identify it. And following WalMart does not constitute a winning business formula.

More Blogs from Beth Schultz
National advocacy organization the Data Quality Campaign has recommendations for how state education agencies can better safeguard student data.
Analytics thought leader Tom Davenport joins us Tuesday, July 22, at 2:00 p.m. EDT, to explore what the sports industry and other businesses can learn from each other.
A Fortune Knowledge Group/Gyro study shows that most business executives appreciate analytics but favor their instincts when it comes to decision making.
Respondents in an American Express/CFO Research survey indicate BI and analytics are high spending priorities.
Ajay Gopal, director of data science and analytics at Card.com, tells us how the company uses analytics for customer acquisition and retention.
Digital Audio
Latest Archived Broadcast
In this A2 Radio episode, analytics thought leader Tom Davenport will take you into the worlds of business and sports, and talk about what one can learn from the other.
Readerboards
Have a question or topic but don't want to write a blog? Post it on our readerboards and get feedback from the community!
MORE READERBOARDS
AllAnalytics House Ad
Quick Poll
AllAnalytics Video Blogs
Canada Post on Data Delivery
James Smith, lead of enterprise data governance for ...

02:53

2 comments
Big Data Checks In
Roger Ares, vice president of analytics at Hyatt ...

03:45

3 comments
Good Data, Smarter Travel
iJET International's Rich Murnane, Director of ...

2:50

4 comments
Healthcare Data Needs a ...
Tackling healthcare data management challenges ...

2:39

0 comments
In the Talent Sweet Spot
Gen Y shapes the new analytics workforce.

3:25

0 comments
A2 on the Road
What we found at last month's SAS Global Forum 2014.

2:28

0 comments
T-Mobile Hears Data's Call
Internal customer data provides an analytics ...

2:50

0 comments
A Is for Analytics in Academia
Professors and students agree that access to ...

4:11

0 comments
Advocating for Analytics ...
Analytics and business experts explore what it ...

5:51

0 comments
Analytic Myths: True or False?
Analytics experts give us their perspective on four ...

4:29

0 comments
We'll Be Your Eyes & Ears
We'll be on the scene at SAS Global Forum events in ...

2:15

0 comments
7 Tips for Deploying ...
We chat with Analise Polsky, a data visualization ...

33:15

0 comments
Top Big Data Platforms
All Analytics editors Beth Schultz and Michael ...

31:53

3 comments
Attention on Retail Shoppers
The retail store of the future will track customers ...

02:14

16 comments
Demand-Driven Forecasting
Charles Chase, chief industry consultant for the ...

02:22

1 comment
Live Video
On-demand Video with Chat
As retailers evolve toward an omnichannel environment, much of their success will depend on how effectively they use big-data and analytics.
Upcoming Events
for the Business and IT Communities
Executive forums with additional hands-on learning opportunities offered around the world
Each ideal for practitioners, Business leaders & senior executives
2014 VA Interactive Roadshow -- Detroit
The 2014 VA Interactive Roadshow will feature SASŪ Data Management and SASŪ Visual Analytics experts covering topics like prepping data for VA and VA integration with SASŪ Office Analytics. This year's events will keep presentations at a minimum and focus on giving attendees hands-on exposure to the latest version of VA.
Aug. 7, 2014
Detroit, Michigan
2014 VA Interactive Roadshow -- Chicago
The 2014 VA Interactive Roadshow will feature SASŪ Data Management and SASŪ Visual Analytics experts covering topics like prepping data for VA and VA integration with SASŪ Office Analytics. This year's events will keep presentations at a minimum and focus on giving attendees hands-on exposure to the latest version of VA.
Sept. 16, 2014
Chicago, Illinois
2014 VA Interactive Roadshow -- Cary, NC
The 2014 VA Interactive Roadshow will feature SASŪ Data Management and SASŪ Visual Analytics experts covering topics like prepping data for VA and VA integration with SASŪ Office Analytics. This year's events will keep presentations at a minimum and focus on giving attendees hands-on exposure to the latest version of VA.
Oct. 10, 2014
Cary, North Carolina
2014 VA Interactive Roadshow -- Boston
The 2014 VA Interactive Roadshow will feature SASŪ Data Management and SASŪ Visual Analytics experts covering topics like prepping data for VA and VA integration with SASŪ Office Analytics. This year's events will keep presentations at a minimum and focus on giving attendees hands-on exposure to the latest version of VA.
Nov. 4, 2014
Boston, Massachusetts
2014 VA Interactive Roadshow -- Atlanta
The 2014 VA Interactive Roadshow will feature SASŪ Data Management and SASŪ Visual Analytics experts covering topics like prepping data for VA and VA integration with SASŪ Office Analytics. This year's events will keep presentations at a minimum and focus on giving attendees hands-on exposure to the latest version of VA.
Dec. 11, 2014
Atlanta, Georgia
AllAnalytics on Twitter
AllAnalytics Twitter Feed
AllAnalytics Videos
Intro to Visual Analytics
Find a way to visualize your data and watch it come ...

1:58

0 comments
Visual Analytics, Instant ...
Analytics results delivered in visual form are ...

2:06

5 comments
Big Data, Fast Infrastructure
Big data calls for a high-performance analytics ...

3:35

6 comments
Red Hot Analytics
Jayson Tipp, Redbox VP of Analytics and CRM, ...

3:51

7 comments
Hotelier Checks Out Analytics
InterContinental Hotels Group has woven analytics ...

06:55

11 comments
Like Us on Facebook
Point/CounterpointBlog
LEADERS FROM THE BUSINESS AND IT COMMUNITIES DUEL OVER CRITICAL TECHNOLOGY ISSUES

The Current Discussion

Visual Analytics: Who Carries the Onus?
The Issue: Data visualization is an up-and-coming technology for businesses that want to deliver analytical results in a visual way, enabling analysts the ability to spot patterns more easily and business users to absorb the insight at a glance and better understand what questions to ask of the data. But does it make more sense to train everybody to handle the visualization mandate or bring on visualization expertise? Our experts are divided on the question.
The Speakers: Hyoun Park, Principal Analyst, Nucleus Research; Jonathan Schwabish, US Economist & Data Visualizer
MORE POINT/COUNTERPOINT BLOGS
About Us  |  Contact Us  |  Help  |  Register  |  Twitter  |  Facebook  |  RSS


Beth Schultz
Canada Post on Data Delivery

5|12|14   |   02:53   |   (2) comments


James Smith, lead of enterprise data governance for the Canadian postal service, explains how and why the organization has embraced an enterprise data governance program.
Michael Steinhart
Big Data Checks In

4|30|14   |   03:45   |   (3) comments


The hospitality industry gathers massive amounts of customer data, and mining that data effectively can yield tremendous results in terms of improved CRM, better-targeted marketing spend, and more efficient back-end processes. Roger Ares, vice president of analytics at Hyatt Corp., discusses the ways he and his staff use big data.
Beth Schultz
Good Data, Smarter Travel

4|24|14   |   2:50   |   (4) comments


Charged with keeping track of travel assets, including employees, iJET International relies on data management best-practices and advanced analytics to keep its clients in the know on current and potential world events affecting travel, Rich Murnane, Director of Enterprise Data Operations & Data Architect, told All Analytics in an interview from the 2014 SAS Global Forum Executive Conference.
Beth Schultz
Healthcare Data Needs a Booster

4|23|14   |   2:39   |   (0) comments


W. Ed Hammond, Director of the Duke Center for Health Informatics, spoke from the recent 2014 SAS Global Forum Executive Conference about the data management challenges involved in healthcare today.
Beth Schultz
In the Talent Sweet Spot

4|23|14   |   3:25   |   (0) comments


Jason Dorsey, chief strategy officer for the Center for Generational Kinetics and keynote speaker at last month's SAS Global Forum 2014, describes how Gen Y professionals are enhancing the makeup of multigenerational analytics organizations.
Beth Schultz
A2 on the Road

4|22|14   |   2:28   |   (0) comments


From analytics talent development to the power of visual analytics, All Analytics found a variety of common themes circulating throughout the exhibition floor and session discussions at the 2014 SAS Global Forum and SAS Global Forum Executive Conference events held last month in Washington, DC.
Beth Schultz
T-Mobile Hears Data's Call

4|22|14   |   2:50   |   (0) comments


Talking with All Analytics live from the 2014 SAS Global Forum Executive Conference, Eric Helmer, senior manager of campaign design and execution for T-Mobile, discussed the importance of customer data -- starting internally -- in devising the mobile operator's marketing plans.
Beth Schultz
A Is for Analytics in Academia

4|21|14   |   4:11   |   (0) comments


Interviewed live at SAS Global Forum 2014, professors and students agree that access to enterprise analytics software in academic programs better prepares graduates for their careers.
Beth Schultz
Advocating for Analytics Culture

4|21|14   |   5:51   |   (0) comments


Speaking at the recent SAS Global Forum Executive Conference, analytics executives, business experts, and SAS insiders explore what it means to build an analytics culture.
Beth Schultz
Analytic Myths: True or False?

4|21|14   |   4:29   |   (0) comments


At the recent 2014 SAS Global Forum Executive Conference, five analytics experts give us their perspective on whether four common myths about IT and analytics are true or false.
Beth Schultz
We'll Be Your Eyes & Ears

3|20|14   |   2:15   |   (0) comments


We'll be on the scene at SAS Global Forum events in Washington, D.C., March 23 to March 25, glad to share what we learn with our community members.
Beth Schultz
7 Tips for Deploying Visualization

3|7|14   |   33:15   |   (0) comments


We chat with Analise Polsky, a data visualization thought leader on the SAS Best Practices team, about what you need to know before you deploy data visualization.
Michael Steinhart
Choosing a Big-Data Analytics Platform

2|19|14   |   31:53   |   (3) comments


The big-data analytics market can be a confusing place. Among the vendors vying for your dollars are traditional database management providers, Hadoop startup services, and IT giants. In this video, All Analytics editors Beth Schultz and Michael Steinhart sit down in a Google+ Hangout on Air with Doug Henschen, executive editor of InformationWeek. Henschen discusses use cases for big-data analytics, purchase considerations, and his recent roundup of the top 16 big-data analytics platforms.

Related posts:

— Michael Steinhart, Circle me on Google+ Follow me on TwitterVisit my LinkedIn pageFriend me on Facebook, Executive Editor, AllAnalytics.com

Michael Steinhart
Keeping a Close Eye on Shoppers

2|13|14   |   02:14   |   (16) comments


At the National Retail Federation BIG Show last month, All Analytics executive editor Michael Steinhart noted a host of solutions for tracking and analyzing customer activity in retail stores. From Bluetooth beacons to RFID tags to NFC connections to video analytics, retailers must find the right combination of tools to help optimize the shopper experience, streamline operations, and boost revenues.

Related posts:

— Michael Steinhart, Circle me on Google+ Follow me on TwitterVisit my LinkedIn pageFriend me on Facebook, Executive Editor, AllAnalytics.com

Michael Steinhart
Real-Time Demand Drives Forecasting

2|11|14   |   02:22   |   (1) comment


The days when historical shipment trends and gut feelings were enough to forecast retail demand accurately are long over. SAS chief industry consultant Charles Chase outlines the benefits of pulling real-time sales information from point-of-sale and product scanner systems, then flowing that data into dynamic forecasting tools from SAS.

— Michael Steinhart, Circle me on Google+ Follow me on TwitterVisit my LinkedIn pageFriend me on Facebook, Executive Editor, AllAnalytics.com

Videos
Intro to Visual Analytics

6|5|13   |   1:58   |   (0) comments


With today's advanced visual analytics tools, you can stream data into memory for real-time processing, provide users the ability to explore and manipulate the data, and bring your data to life for the business.
Videos
Visual Analytics, Instant Insight

5|16|13   |   2:06   |   (5) comments


Dynamic data visualizations let analysts and business users interact with the data, changing variables or drilling down into data points, and see results in a flash. Advance your use of data visualization with tools that support features like auto-charting, explanatory pop-ups, and mobile sharing.
Videos
Big Data, Fast Infrastructure

2|14|12   |   3:35   |   (6) comments


No doubt your enterprise is amassing loads of data for fact-based decision-making. Hand in hand with all that data comes big computational requirements. Can traditional IT infrastructure handle the increasing number and complexity of your analytical work? Probably not, which is why you need a backend rethink. Big data calls for a high-performance analytics infrastructure, as Fern Halper, a partner at the IT consulting and research firm, Hurwitz & Associates, discusses here.
Videos
Red Hot Analytics

1|10|12   |   3:51   |   (7) comments


Redbox's bright-red DVD kiosks are all but ubiquitous these days, located in more than 28,000 spots across the country. Jayson Tipp, Redbox VP of Analytics and CRM, provides an insider's look at how the company has accomplished its phenomenal nine-year growth.
Videos
Hotelier Checks In With Analytics

12|14|11   |   06:55   |   (11) comments


InterContinental Hotels Group (IHG), a seven-brand global hotelier, has woven analytics into the fabric of its operations. David Schmitt, director of performance strategy and planning, shares IHG's analytics story and his lessons learned.