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Impact of data in Retail

Retailers have known this term for many years – “Item assortment planning”. It is the process whereby shops determine in what amounts to stock them, and what products to provide at various times, to clients in various localities. There are various factors involved with making these decisions. To make predictions that are accurate, retailers have to think about both internal and external information.

So the impact of data

With the advances in the World Wide Web communication, the Mobile Platform, and info sharing, the data is there for companies to utilize to their benefit. From the retail context, information can be recorded and examined for better decisions in various departments such as marketing, sales, supply chain, etc.

Technology & data

Many retailers utilize Beacon technologies, Wi-fi, and movement detectors to capture information purchasing and browsing patterns within their shops. These assist the retailer in tailoring product placements and their stocks based on requirements. It will also help in understanding their customer preferences, and providing services according to their needs. There are varied sources to gather information about purchasing patterns, anticipation and customer opinions.

Online presence/ e-commerce

Most retailers have an on-line presence and nearly all of them enable clients to leave feedback, reviews etc. Additionally, there are reviews, discussions, and ratings in 3rd party websites like customer review web sites, social networking etc.

Customer behaviour

May all these diverse sources of behaviour and customer opinions processed and be recorded? So plenty of factors affect store functionality and retail sales from day. Sudden shift in product trends, the weather, and peer opinion may all affect the sales in each keep on your chain. There’s now an imperative need to access rich along with diverse sources of external data. You need to collect data about your opponent’s sales and approaches, the sales strategies of on-line giants, information about all the products offered, all the promotional strategies utilized by local competitions and so forth.

Final word

Most retailers have not been fast enough to take benefit of those sources. Around 92% of retailers don’t have a comprehensive understanding of their client base. They need a way to gather and use client generated data from several external sources. Nevertheless, these can’t be collected and processed by traditional databases and analytical tools. Big Data tools provide the methods necessary to collect and organize disparate info from very different sources, along with the tools to analyze them. These tools provide broader along with deeper insights into several factors. These help retailers make more precise conclusions about the different facets of their enterprise, including product variety planning.


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Future of NodeJS

Node JS has become a front runner in constructing web sites and real time programs. It purposely strives to optimise the web apps using different input/output operations. Out and out, Node JS has shown to the server ruling among big corporations with web solutions and technology. Here’s a detailed of list of some important Node JS frameworks which are used to build leveraged web solutions.

1. Socket.io

It is very popular for permitting event driven communication between the clients and the server. Client side or host side, it is capable of functioning on libraries. For that reason, it’s greatly suitable for creating large scale real time web apps.

2. Express.js

It is among the dependable frameworks that aid creating both web and mobile programs. By assisting the development of APIs, it empowers the developers to build apps regardless of the complexities, feature set and targeted devices\/browsers. It’s among the MVC frameworks under the Node.js cover and supports both the customer side and server side scripting. Deployed for modern mobile programs as well as web programs, it’s basically the key attraction for many programmers because it uses a host which results in fast page loads, meeting of internet search engine requirements, templates of HTML etc.

3. Hapi.js

It is a multi-layered complete stack development framework under Node.js. It’s got a strong inbuilt plug-in system that provides developers with a few core advantages while building the programs and services software. A few of them are input validation, implement caching, error correction and configuration based functionality.

4. Koa

Koa is utilized for delivering web applications besides APIs. The reason behind its popularity? It enables this use of Generators to avoid using any call back. Therefore, this empowers the programmers to fix any errors immediately.

5. Sails.js

This is an enterprise level frame that facilitates the development of big scale programs using custom APIs. Inspired by other very popular frameworks like Ruby on Rails, it’s got a creative spirit which gives out more data centric experience for every application. Furthermore, Sails is much demanded applications which work real time and needs features like chats, location tracking. This list is perhaps endless. Node.js has been experiencing a big growth over the last years, with a rising number of frameworks.

Future of NodeJS

The future of Node.js seems to be bright because it’s a perfect choice for data-intensive, real-time apps that run across distributed devices. And such apps are more and more common and widely built and used around the world.


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FullStack Team – Future of NodeJS

Organizations are implementing the full stack development technology so that they’re faster and better. Reusable libraries, web servers, database system and end frameworks and open source web programs have surfaced as a way to alleviate the job of the developer. A full-stack development is a concept where the developer can work with the frontend, backend, database, and system software development and their respective tools. With the advent of new technologies and new business models, the full stack development landscape changes continuously. Let’s have a look at the top 3 technologies in full-stack development.

JavaScript

Full-stack development gained traction mainly due to the popularity of JavaScript technology. The JavaScript has become a trend for the full-stack development nowadays due to the popularity, efficiency, features of Node JS, Angular JS, React JS, Express JS, and other popular frameworks and libraries. Full stack development trends are highly influenced by JavaScript technologies and frameworks. Full-stack development is gaining significant popularity in mobile app development as well.

NodeJS

Node.js is a server side JavaScript implementation environment. It’s fast in code implementation, runs on several platforms and will be a platform built on Google Chrome’s V8 JavaScript runtime. It will help in building extremely scalable real time applications and simultaneous applications rapidly. It may use JavaScript as both leading end and back end languages.

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MEAN Stack

MEAN stack doesn’t need software of its own, all of it needs its own browser for executing a webpage or an application. It is a tech built with the makeup of mediums. Mango DB saves information in JSON format making it easier to pass information between server and client. Express JS is supports MVC Architecture with a bit of work and framework used to build web applications. The Ruby framework inspires express and script frame is developed by Google. It’s a comprehensive solution for rapid and wonderful front end growth.
MEAN Stack provides a modern and efficient approach to web development. It’s good investment for rapid creation, strong and scalable applications. It’s catching up with the other technology stocks in all the market and has already made its mark in all the growth community. A lot of businesses like PayPal, LinkedIn, Netflix utilize MEAN stack for their development.

Final takeaway

The software development trends change continuously so do the trends of full-stack web development. Developing a professional, progressive, adaptive development strategy will help maintain pace with the changing trends.


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Custom Software Development is Dead

We live in the age of Automation and chatbots. The speed of technology change and innovation constantly pushes the boundaries of software development. Product and platform organizations can develop fully functional (and useful) apps in minutes using available cloud and integration tools. Gone are the days where organizations develop applications for 2 years or 3 years.  They had already started embracing the concepts of automation, re-usability and zero cost maintenance.

 

Despite all the improvements and excitement, old problems remain. What happens to the code we develop? Who maintains it? How do we attract, grow, and maintain the right skills? How do we react to the fast pace of changes in technology?

 

Well, those questions will always be un-answered if organizations continue to pursue custom development model. Here are our top 3 reasons on why custom software development is dead.


Reason 1- Automation and Rapid Deployment

 

The transformation from a development to integration mentality moves companies up the maturity curve significantly. Organizations no longer spend majority of its time building solutions, finding bugs, and deciding which Software Development Methodology is better. Instead, they are concentrating on faster delivery of business value to customers using automation and rapid product development.


Reason 2 – Collection of tools

 

Service-orientation becomes a significant factor when companies adopt DevOps mindset. It becomes the central theme of everything that happens within the organizations. IT organizations have become a loosely coupled collection of vendor products, SaaS, services, mashups, and legacy applications. Service-oriented middleware and SOA governance have transformed the development ecosystem in every project, initiative, and program thus reducing the custom development activities considerably


Reason 3: Re-usability

 

IT organizations are keeping a tab on an important statement – “Reuse before buy, Reuse before build.” The IT organization should understand what decisions took priority over others. CxOs have already started asking questions like “Are there software assets we can reuse for this effort?”


Conclusion:

 

While software development will never completely disappear, most organizations need to shift towards the reality. Let’s face it, organizations are not in the business of software development — they are in business of delivering value to their end customers. Organizations need to concentrate on delivering business value, not building custom software!


Why Expedux?

 

Expedux Technologies is a technology solutions and framework driven software development firm serving as a trusted technology partner for our customers. We work with some of the world’s most innovative start-ups, independent software vendors, e-commerce vendors and digital marketing platform and services organizations by helping them achieve one goal – Faster Time to Market.  Expedux’s innovative 60 DAYS RAPID DEVELOPMENT FRAMEWORK & TEST AUTOMATION IN 15 MINUTES FRAMEWORK help organizations across all stages of software development lifecycle right from new product and platform conceptualization, development and testing and enable them to go to market faster and better.