IBM releases predictive retail analytics solutions

Armonk, N.Y. – IBM has released new industry-specific solutions with pre-built predictive analytics capabilities for industries including retail, to uncover and act on critical business insights. IBM is working with retail signature design partners including Urban Outfitters.



Each solution includes pre-built predictive analytic modeling patterns and interfaces for focused industry use cases, as well as data preparation capabilities to manage unique data and streamline collection and preparation of data for analytics. With interactive and role-specific dashboards, business users can share predictive insights across teams and organizations that will give them a deeper understanding of their customers, assets and operations.



The solutions will help retailers understand the potential overall revenue impact of individual products and product lines to make smarter decisions about what products to carry and how to best promote them.



They provide out-of-the-box integration with IBM ExperienceOne. IBM Maximo Asset Management has also been pre-integrated, providing enhanced capabilities for work management, job plans, work order tracking, service requests and reporting.



As potential equipment failures are identified, work orders can be generated automatically. Consultants from IBM Global Business Services can help clients implement and tailor the solutions.