US retailer Walmart is reaping the benefits of building its own cloud network to rival Amazon, using data to improve its online and in-store businesses. Analysing vast amounts of consumer data has enabled Walmart to improve services, pricing strategies and inventory and returns processes. The company said it had more than 100 million active customers in North America at the end of last year, up from about 50 million a year earlier. The firm hasn't ruled out monetising excess capacity and offering cloud services in future, said Tim Kimmet, head of cloud operations..
US retailer Walmart is reaping the benefits of building its own cloud network to rival Amazon, using data to improve its online and in-store businesses. Analysing vast amounts of consumer data has enabled Walmart to improve services, pricing strategies and inventory and returns processes. In Q3 2017, Walmart posted its strongest quarterly growth since 2009, helped by 50% YoY revenue growth in ecommerce. The firm hasn't ruled out monetising excess capacity and offering cloud services in future, said Tim Kimmet, head of cloud operations..