Blogs
By 2025, the market for business intelligence will be worth $33.3 billion , and 62% of retailers say that data analytics and insights provide them a competitive edge. Business intelligence and predictive analytics are interchangeable, yet they are not the same.... You are probably not the only one curious about the distinction between business intelligence and predictive analytics. There are differences between the two phrases, albeit business intelligence is the more inclusive term that includes analytics.
In the last few years, the world has become well used to online food ordering, takeaways, and drive-thru. Hence, many new QSRs (Quick Service Restaurants) are rising, and established brands are spreading widely even in remote areas. The global QSR Market reached $ 232.3 billion in 2021 and is projected to grow to $ 308 billion by 2027. This data proves there are countless opportunities in this industry .
While just 74% of consumers are at least somewhat likely to make a purchase based solely on experiences, 86% of customers would stop using a brand after two bad experiences. Making an effort to comprehend the big picture is necessary to develop an effective customer experience management program (CXM).
Thanks to AI technologies, business productivity is expected to grow by up to 40% by 2035. To gather, analyze, and respond to customer sentiment and feedback, AI technologies such as machine learning (ML), natural language understanding, and natural language processing are proving to be revolutionary.
Strong brand equity is every brand’s goal. Because consumers purchase their products regardless of price and features. These companies are well-known, offer satisfying customer experiences, and create brand recognition that appeals to consumers' values. They fulfill their promises. Is your company's name the first thing that people think of when buying a phone? Or a laptop?