The Current Use of Data Analysis and Future Anticipations of the Big Box Industry

DOI

10.2991/aebmr.k.220307.211How to use a DOI?

Keywords

value chain; data analytics; deep learning; future anticipations

Abstract

This study explores the possibilities of data analytics in the retail industry by examining it from different aspects and therefore leading to some hypothesis of possible future applications of data analytics. This work starts with exploring the industry’s history, providing background information. It then moves onto discussing various sectors of its value chain, breaking each sector down into details and understanding how the industry operates. Following, this study shifts the focus back onto the main topic, providing successful examples of current applications of data analytics in the industry, therefore showing the benefit that it can bring. Finally, the paper concludes with a conclusion of understanding and applying data analytics is a crucial field that the industry should develop and invest in. The purpose of this paper is to highlight the importance of understanding the potential of data analytics, emphasize what it is capable of, and to show how it could be the key of solving long lasting problems in the industry.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Linlin Chi
AU  - Yuxuan Song
AU  - Jingyi Guo
AU  - Yu Feng
AU  - Yue Wang
AU  - Xin Huang
PY  - 2022
DA  - 2022/03/26
TI  - The Current Use of Data Analysis and Future Anticipations of the Big Box Industry
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1277
EP  - 1283
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.211
DO  - 10.2991/aebmr.k.220307.211
ID  - Chi2022
ER  -