This report summarizes the market trends and capital activities in the field of retail technology in 2020, analyzing the applications of various technologies as well as breakthrough innovation in the industry. Meanwhile, EqualOcean selects 50 promising retail technology companies worldwide to form 'Next 50 in Global Tech: Retail' by comparing the candidates' financing background, valuation, market prospects, equity structure and so on.
Next 50 in Global Tech: Retail
On December 9-12, EqualOcean is holding the World Innovators Meet (WIM) 2020. This year, the event's main topic is 'Technology and Innovation Connect the World.' WIM2020 gathers innovators from Asia, Africa, Europe and the Americas to share their knowledge and key achievements, promoting the concept of 'Tech for Equal.'
New Technologies are Revolutionizing Retail
In 2020, the applications of big data, cloud computing, artificial intelligence, etc. in retail are becoming increasingly mature, creating several prominent achievements and new business models, like on-demand services, robotic store assistants. Driven by technology innovations and customer expectations, the retail industry will enter the accelerated development period of intelligent automation and digital transformation.
This report takes the core three elements of retail – People, Goods, Places as a clue to explore how the three elements and their relations are reformed under the application of technology.
In combination with achievements of retail technological innovation, EqualOcean refines ‘customer experience’, ‘customer operations’, ‘supply chain optimization’, ‘product digitalization’, ‘channel management’ and ‘digital store’ six categories. Customer experience, supply chain optimization and channel management respectively concentrate on the optimization of three elements; Customer operations deal with the matching of ‘people’ and ‘goods’; Product digitalization solves the management problem of ‘goods’ in ‘places’; Digital store focuses on the operation of ‘people’ in ‘places’. In addition, the total solution as a whole comprehensively help the transformation and upgrading of the retail industry.
In the boom of digital economy and digital transformation, data intelligence is the powerful driving force for retail transformation. Based on data and algorithms, it maximizes the value of data and provides data support for retail development.
Next 50 in Global Tech: Retail
In the process of retail industry to upgrade, retail giants and technology giants have rich accumulation and significant advantage, but emerging retail technology companies also show great vitality and creativity, which owns a strong potential for development.
EqualOcean has made Next 50 in Global Tech: Retail, which seeks to identify retail technology companies with the potential to become future leaders in the retail sector by utilizing cutting-edge technologies.
Click the links below for more details about the report
Next 50 in Global Tech: Retail (English version)
Next 50 in Global Tech: Retail (Chinese version)
About WIM
Hosted by EqualOcean, the World Innovators Meet (WIM) (click to watch the online event on December 9-11, 2020) is a global event for innovators. It provides limitless opportunities to learn from and connect with the most sought-after technology pioneers.
About WIA
The World Innovation Awards (WIA) are announced at WIM to recognize game-changers across various industries and geographies. Selected by a committee of distinguished experts, entrepreneurs and investors, WIA are designed to acknowledge technology disruptors striving to make a positive impact on a global scale.
See this year's WIA lists and download the research reports in English and Chinese on EqualOcean and 亿欧智库 respectively.