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AI-powered Product Matching: The Key to Competitive Pricing Intelligence in eCommerce
With thousands of products and hundreds of online retailers to choose from, the average modern-day shopper usually compares prices across several e-commerce sites effortlessly before often settling for the lowest priced option. As a result, retailers today are forced to execute millions of price changes per day in a never-ending race to be the lowest…
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[INFOGRAPHIC] 2020: The Year the World Navigated Uncertainty Together
![[INFOGRAPHIC] 2020: The Year the World Navigated Uncertainty Together](https://stage-cdnblog.dataweave.com/wp-content/uploads/2021/01/Year2020_At_DataWeave-e1688039574468.jpg)
The start of 2020 brought with it the promise of global economic growth. Markets in the US were on a steady rise we also witnessed demand from brands and retailers in Europe and the Middle East. All seemed to be on track to make it a year of plenty. Out of nowhere, the end of…
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Coronavirus Outbreak: Impact on E-Commerce Retailers and Consumer Brands
The Coronavirus, otherwise known as COVID-19, has made landfall on U.S. shores. At the time of writing this article, there are over 230 confirmed cases in the country and 12 deaths. The growing unease about the virus, which has quickly accumulated 95,000+ confirmed cases globally, has, among other things, adversely affected businesses and stock markets…
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[INFOGRAPHIC] 2019 at DataWeave: Blazing New Trails
![[INFOGRAPHIC] 2019 at DataWeave: Blazing New Trails](https://stage-cdnblog.dataweave.com/wp-content/uploads/2020/01/2020-.jpg)
As another year comes to a close, we look back at 2019 with fond memories and look forward to the exciting new prospects of 2020. Take a trip with us as we highlight some of DataWeave’s milestones of the last twelve months. Over the course of the year, DataWeave’s success has gone hand in hand…
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3 Common Problems Brands Face in eCommerce | DataWeave
Over the last three years, I have helped deploy eCommerce analytics solutions for several brands and manufacturers globally. During this time, I have conversed with day-to-day users up through C-Suite executives of some of the world’s most successful brands, while also working with the founders of startup brands who were simply trying to find their…
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Flaunt Your Deep-Tech Prowess at Bootstrap Paradox Hackathon Hosted by Blume Ventures
When DataWeave was founded in 2011, we set out to democratize data by enabling businesses to leverage public Web data to solve mission-critical business problems. Eight years on, we have done just that, and grown to deliver AI-powered competitive intelligence and digital shelf analytics to several global retailers and brands, which include the likes of…
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The Importance of Pricing Parity for Brands
With bricks-and-mortar stores steadily increasing their online presence, the balancing act of pricing online and in-store is now more important and complex than ever. Companies spend years building brands and brand equity. Yet, a misplaced or poorly executed pricing strategy to handle both online and offline pricing can erode that equity with consumers very quickly.…
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Compete Profitably in Retail: Leveraging AI-Powered Competitive Intelligence at Massive Scale
AI is everywhere. Any retailer worth his salt knows that in today’s hyper-competitive environment, you can’t win just by fighting hard – you have to do it by fighting smart. The solution? Retailers are turning to AI in droves. The problem is that many organizations regard AI as a black box of sorts – where…
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2018 at DataWeave: A Year of Prolific Success and Growth
As we enter 2019, in the backdrop of DataWeave’s unprecedented growth and success, we decided to take a breath and look back at some of the highlights of our progress over the last 12 months. DataWeave’s growth through the year has been complemented and influenced by the evolution of the retail sector, reinforcing the relevance…
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CEO Speak: Serving the US Market, Hiring the Right Talent, And More
Recently, Karthik Bettadapura, Co-founder & CEO at DataWeave, was interviewed by Vishal Krishna, Business Editor at YourStory, in the Bay Area, California. They discussed DataWeave’s focus on the US market, challenges that retailers face today, DataWeave’s technology platform and hiring practices, and more. The following is a transcript of the interview. (The transcript has been…
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Evaluating the Influence of Learning Models
Natt Fry, a renowned thought leader in the world of retail and analytics, published recently an article expounding the value and potential of learning models influencing business decision-making across industries over the next few years. He quotes a Wall Street Journal article (paywall) published by Steven A. Cohen and Matthew W. Granade who claim that,…
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What Retailers Can Learn from the Lowe’s Board Announcement
Last Friday, Reuters published, “Home Improvement chain Lowe’s said it has nominated two independent board members and plans to add a third following “constructive” talks with hedge fund D.E. Shaw Group, which has taken an activist stake.” It was reported that D.E. Shaw Group had utilized available external data to identify quantifiable opportunities to grow…
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Dataweave – CherryPy vs Sanic: Which Python API Framework is Faster?
Rest APIs play a crucial role in the exchange of data between internal systems of an enterprise, or when connecting with external services. When an organization relies on APIs to deliver a service to its clients, the APIs’ performance is crucial, and can make or break the success of the service. It is, therefore, essential…
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[INFOGRAPHIC] 2017 at DataWeave: A Year in Retrospect
![[INFOGRAPHIC] 2017 at DataWeave: A Year in Retrospect](https://stage-cdnblog.dataweave.com/wp-content/uploads/2018/09/pic3-e1688040963744.jpeg)
And that’s a wrap! Another exciting year done and dusted, in which DataWeave continued to execute strongly through accelerated revenue growth, new customer wins, and expansion to heretofore unchartered regions. Through the year, we engaged with retailers and consumer brands of all types and sizes, and our belief that actionable competitive insights will increasingly play…
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Walmart’s Online Pricing Analysis | DataWeave
In an increasingly competitive retail landscape and facing intense margin pressures, improving the profitability of online commerce is a growing area of focus for all retailers. When Amazon acquired Whole Foods in August, several media outlets and analysts speculated whether there would be a slashing of prices across the board. Instead, Amazon lowered prices only…
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Top 5 Drivers of Successful eCommerce | DataWeave
Retail has undergone a dramatic transformation over the last decade. Once dominant retailers are today being given a run for their money amid a gradual decline in mall traffic and sharply growing consumer preference for shopping online. Surfing this online retail wave is Internet behemoth Amazon, which is raking in 43% of all new eCommerce dollars, leaving…
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The Role of Competitive Intelligence in Modern Retail
When retailers today look to compete in the cutthroat world of online commerce, they face several challenges unique to the nature of modern retail. It is now significantly harder for retailers to benchmark their pricing, assortment, and promotions against their competition, as the online world is highly dynamic and significantly more complex than before. Trends…
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Advantage Flipkart: The Motives Behind Acquiring eBay India
Flipkart recently acquired eBay’s India business in an announcement that made a huge splash across the country. With Flipkart already having acquired Myntra and Jabong, and talks of a Snapdeal acquisition picking up steam, this level of consolidation comes clearly as a direct response to internet behemoth Amazon’s aggressive expansion strategies in India. With this…