Retail Business Intelligence IT Software Solutions Chetu provides full-service software solutions to retail software vendors. Our retail industry experts possess extensive retail industry knowledge that helps identify the best technical solutions to meet your software development and budgetary needs. Chetu has worked on or is the backend developer for many of the retail platforms used today. The contemporary retail landscape is constantly altered by consumer demands and competitor forces. To stay economically viable and competitive retailers harness appropriate technologies to enhance business and marketing strategies. Business intelligence is such an important tool for retailers to utilize that the BI market is directly proportional to the saturation of competition in the industry. A report generated by MarketingIntelligence.com titled Data Warehouse Market Forecast 2015-2020predicts that the total BI market will gross over $20 Billion by 2020. Software providers who want to dominate this market should look at business intelligence software development for retailers. Retailers usually utilize a complex mix of technology to facilitate operational functions. It will be important to offer a data warehousing system on the back-end of your business intelligence software. Data warehousing systems extract the miscellaneous information from various sources including applications, systems, platforms, channels, and departments.
A major trend is offering Database-as-a-Service (DBaaS) where data is stored on the cloud. Providing this service allows your end-user to easily set up multiple nodes for data aggregation and secure the data cluster safely in the cloud for an analytics program to data mine from. If there is no business intelligence system in place retail entities are dedicating time and resources to the arduous task of organizing and analyzing data manually. Automating the process with business intelligence and reporting software gives
retailers the best return on investment, thus making it a critical tool. Although the market has some big players there are still opportunities for small companies and software entrepreneurs to earn significant gains by offering BI tools that give deeper insights of analytic data that retailers can rely on and trust when making executive decisions about the face of their business. Chetu’s Retail team implements solutions for the Retail industry. Chetu differentiates itself in providing industry specific expertise combined with its low cost, high productivity model. You can find more information about the portfolio of our Retail experience at: www.chetu.com/retail-it-solutions.php