Predictive Analytics

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.

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.

According to Deloitte’s annual retail holiday sales forecast, steadily improving economic fundamentals should moderately boost holiday sales in stores and online this year.

Oklahoma City, Okla. – In a Sept. 23 webinar hosted by Chain Store Age and sponsored by Microsoft Dynamics and Junction Solutions, marital arts training equipment retailer Century Martial Arts explained how by using a Microsoft Dynamics AX business intelligence platform, it is able to better track trends and predict future performance.

London - Shopitize, a U.K.-based provider of mobile, interactive shopping intelligence, is using Tableau's visual analytics to provide actionable insight into consumers' brand-specific shopping baskets. Shopitize is providing brand partners with access to real-time retail intelligence.

New York -- Total holiday sales are expected to rise 4% to 4.5% over last season, totaling between $981 and $986 billion, according to Deloitte’s annual retail holiday sales forecast. The growth represents a moderate improvement over last year’s 2.8% gain.

Additionally, Deloitte forecasts a 13.5% to 14% increase in non-store sales in the online and mail order channels during the 2014 holiday season.  

Stamford, Conn. -- Half of Americans (49%) plan to shop online earlier for gifts this holiday season, with the main reason being to ensure they receive their packages on time (63%), according to a survey by Pitney Bowes.

Salt Lake City -- Mexican restaurant chain Taco John’s is partnering with InMoment, a cloud-based customer experience optimization platform that gives companies the ability to listen to and engage with customers to improve business results. InMoment is providing the technology for Tell TJ, Taco John’s guest satisfaction survey program.