RFID
RFID Talk Blog

MIT sponsors Big Data Start-up Challenge

There is new four-letter word overtaking the business world – data. Wireless technologies like RFID are enabling retailers to collect reams of data in real time, something that wasn’t possible just a few years ago.

With this in mind, MIT Auto-ID lab is sponsoring the Big Data Start-up Challenge, where developers will compete to create a retail application prototype or mobile retail application or service to improve the retail demand chain using big data. The winner will receive a consulting session with a major retailer and a private lunch with a big data investor. One-page entry forms are due by Sept. 15. Presentations by finalists will occur over lunch on Oct. 9, and the winner will be announced on Oct. 10.

Everywhere you look, consumers are turning to mobile phones and social media to get more value and better inform their shopping experience. The resulting data is creating new opportunities for retailers to better understand the needs of their consumers, to improve the customer experience and ultimately drive more sales.

MIT is sponsoring the Big Data Start-Up Challenge

Retail chains are complex ecosystems producing large and diverse data sets. Object identification technologies like RFID, NFC and barcodes also create new streams of data. And numerous platforms and websites are sprouting up that offer location-based deals and sales promotions for consumers using a myriad of data sources.

There is huge potential for big data applications that mine and aggregate information from these data silos and merge it with Hadoop data sources to improve retailer supply chain efficiencies and enhance the shopping experience.

Developers entering the Challenge should address how their application or service will improve some business process such as marketing, sales, or customer service.

Developers are encouraged to point out where industry specifications would assist in structuring data and ensuring interoperability across stakeholders.

Developers can use any retail ID technology, including any combination of RFID and NFC technology, Android or iOS, barcodes (QR or other), social media, augmented reality (e.g., MagicMirror), and other mobile technologies such as contactless payments.

Judges include Abhi Dhar, CIO, Walgreens; Mike Baker, CEO, DataXu; Chris Lynch, Atlas Ventures, former CEO, Vertica; and Sanjay Sarma, Co-founder, Auto-ID Labs.

Click here for more information on how to enter.

EmailFacebookTwitterShare

windows 7 key generator

windows 7 key generator

windows 7 activation crack

windows7 activation crack

free winrar

free winrar

free winzip

free winzip

winzip activation code

winzip activation code

winzip freeware

winzip freeware

windows 7 product key

windows 7 product key

windows 7 ultimate product key

windows 7 ultimate product key

winrar free

winrar free

winzip free download

winzip free download

winzip free download full version

winzip free download full version

windows xp product key

windows xp product key

free winrar download

free winrar download

windows 7 crack

windows 7 crack

winzip registration code

winzip registration code

winrar free download

winrar free download

download winrar free

download winrar free

winrar download free

winrar download free