Artificial Intelligence

CINCINNATI — Marketing solutions provide Dunnhumby has hired Nishat Mehta, formerly of MicroStrategy, to lead the company’s growing global partner business. As EVP global partners, Mehta will be responsible for driving the global expansion and commercialization of Dunnhumby solutions, such as digital advertising, targeting and measurement, through strategic partnerships with data companies that deliver a comprehensive understanding of consumer behavior across channels. He will be based in New York City.

The phrase “big data,” is all the rage these days and IBM made a major move to drive growth.

The retail industry has long been chastised for not moving fast enough when it comes to technology innovation. Perhaps we are now making up for lost time as the industry has changed rapidly over the past ten years alone and retailers are investing in new solutions to keep pace. The evolution of technology has not only changed the way consumers shop, but changed the way retailers respond and how they operate.

The University of Arkansas Radio Frequency Identification Research Center will soon have a larger and permanent home following the unveiling this week of design plans for the new facility.

People today seamlessly integrate the use of all types of technologies in their lives, including the way they shop – at any time, at any location. As a result, they are more informed and selective about the products and services they want and use, and are more empowered towards the industries that serve them.

Technology continues to transform every aspect of society and the delivery of health care is no exception with Smart Care Doc branded clinics inside select Walmart stores now offering patients the ability to video conference with doctors.

BCS Global and Telemed Ventures this week announced they had teamed up to deliver deliver “cloud-based managed visual collaboration services” to Walmart’s Retail Clinics. Telemed operates Walmart clinics under the Smart Care Doc brand and BCS Global is provider of videoconferencing services.

NEW YORK — Retail executives have more cash, are adding employees and enjoying stronger revenue, but they remain quite guarded longer term, not seeing a complete economic recovery until 2014 or later, according to the 2012 Retail Outlook Survey by audit, tax, and advisory firm KPMG LLP.

In the recent survey, 77% of retail executives indicate that their companies have significant cash on the balance sheet – up from 72% in KPMG's 2011 survey – and 56% say their companies' cash positions have increased from last year.

ST. PETERSBURG, Fla. — Catalina Marketing named Michael Murray to the newly created role of chief product officer.