Business Analytics

Twitter is giving over every message ever tweeted to the data scientists at the Massachusetts Institute of Technology’s famed Media Lab. The social media giant is also giving $10 million (throughout a five-year period) to fund the new Laboratory for Social Machines (LSM), which will be based at the Media Lab.

The new initiative aims to build new tools that will analyze and enable communication on social platforms. Twitter will provide full access to its real-time, public stream of tweets, as well as the archive of every tweet dating back to the first.  

Dallas - 7-Eleven has selected the Raid 7 software solution from WeDo Technologies for the retailer's Mexican operations. With more than 1,700 stores across the country, 7-Eleven México needed an enterprise business software suite to deliver end-to-end visibility and control of its retail processes; analyzing and identifying risks and monitoring and controlling deviations.

San Francisco - Only one-in-nine marketers use advanced cross-channel attribution methods, and among those using attribution, 28% still use single click methods. According to a new survey of 106 advertisers, agencies, and analytics professionals in the U.S. and Europe performed by Forrester Consulting for predictive marketing software provider Kenshoo, advanced marketers use sophisticated multi-touch attribution models to inform a broad array of strategic and tactical decisions in more detail and with more speed.

West Des Moines, Iowa - Hy-Vee will deploy the Retail 20/20 exception reporting solution from Agilence Inc. The grocery chain will use the solution to improve operations and reduce shrink.

"While looking for a solution we were keen on finding one that could help us improve our in-store operations, while also making exception reporting a priority," said Darren Baty, senior VP and CIO, Hy-Vee. "After seeing Retail 20/20 in action it became clear that we would be able to reduce shrink and improve our front end with this tool."

On July 1, 2014, recent updates to the 2013 California Building Energy Efficiency Standards — Title 24 — went into effect.

The new, tougher standards are estimated to increase energy efficiency by 30% in non-residential buildings compared with the 2008 version.

Albany, N.Y. – The global Big Data market, worth $6.3 billion in 2012, is expected to reach a value of $48.3 billion in 2018. According to a new study from Transparency Market Research, a year-on-year compound annual growth rate (CAGR) of 40.5% during the period 2012-2018 will produce that figure.

Indianapolis -- Simon Property Group has been recognized by the CDP (formerly known as the Carbon Disclosure Project) and The Global Real Estate Sustainability Benchmark (GRESB) for its ongoing leadership and commitment to sustainability and energy conservation.

Newell Rubbermaid is looking to expand its e-commerce business and accelerate its online revenue growth worldwide by opening a global e-commerce hub in New York. The move will create more than 30 new positions.

New York - L.L. Bean provided the best overall customer service in August 2014. This marked the retailer’s fourth time topping Stella Benchmarks in customer service during 2014.

The retailer repeated its top performance from the previous month by ranking among the Top 25 in phone, email, shipping and returns. Nine companies that did not rank in the Top 25 overall for July earned a spot in August: Gap, Marc Jacobs, Burberry, Apple, Hewlett-Packard, Motosport, Microsoft, Brooks Brothers and Wayfair.

A massive share repurchase program at Bed Bath & Beyond enabled the company to overcome increased expenses and a decline in gross margins to produce earning per share growth that exceeded analysts’ estimates.