Stats
DATA CENTRES
overall product portfolio for the enterprise and the edge .”
Virtualising Retail IT at the Edge The other benefit that retail deployments of edge computing can provide may be less flashy than AI-powered analytics or stores that use video-image-recognition to scan customers ’ items and charge their cards without them ever having to visit a register , but they ’ re just as vital to helping retailers make their IT as efficient and reliable as possible . “ Virtualisation has played an important role for retailers to consolidate their hardware into one piece of physical infrastructure . For example , POS ( point of sale ), network management , and firewalls are all in one virtualised unit . Space is money in retail , and every inch that computing devices occupy could be used to store or display inventory ,” the OCP
Stats
The ecommerce boom : 67 % of millennials and 56 % of gen-Xers now conduct most of their shopping online .
The Brick-and-Mortar Lockdown : An estimated 20,000 to 25,000 stores closed in the US in 2020 , twice as many as the year before .
Going Cashier-less : Juniper Research estimates that automated checkout technology will grow from $ 2bn in 2020 to $ 387bn in 2025 .
Smart Retail : the AI in retail sector will grow at a CAGR of 34.4 % from 2020 to reach $ 19.9bn by 2027 .
40 August 2021