Learning case studies from the retail and FMCG industry
Data is more important than ever for the retail and FMCG industry. It can be very helpful for maintaining a lean inventory. In addition, data is critical for optimizing the prices of products on demand. Also, a data-driven approach can boost relationships with business partners, thereby helping to smoothen the supply chain.
Case study 6 – real-time analytics using IoT Hub for a retail giant
An organization wanted to build an end-to-end solution wherein edge devices gathered metrics at a certain frequency from all the instruments on the floor shop. These metrics were to be utilized to conduct edge analytics for real-time issues. Thereon, the data would be pushed to a cloud platform where near-real-time data transformations would be done and delivered to a dashboard for visualization. The same data would be persisted for batch processing and leveraged machine learning to gain insights.
The proposed solution architecture...
