More than a billion users will be buying physical goods and services using their mobile phones by 2016, forecasts research firm Informa Telecoms & Media.
FierceDeveloper talked to Tim Kimmet, @Walmart Labs' vice president of platform and systems, about the company's technological ambitions, its expanding mobile initiatives and giving the people what they want. Developer Workshop
Retailers continue to be aggressive about data analytics. This week, Walmart--actually its Silicon Valley-based "innovation lab" @WalmartLabs--announced that it is acquiring predictive analytics software vendor Inkiru, as reported on TechCrunch.
It's been roughly nine months since more than a dozen leading U.S. retailers including Walmart, Target, Best Buy, Sears and 7-Eleven first banded together to create Merchant Customer Exchange, a nationwide mobile commerce network designed to support smartphone-enabled purchases, consumer offers and mobile marketing promotions. The MCX initiative remains a work in progress, but here's what we know.
In Australia, a CIO survey showed that 84 percent of mid-market businesses had either deployed big data or were in the process of doing so in the next year. The majority of them cited the ability to execute faster decision making at their top driver.
Merchant Customer Exchange--the proposed nationwide mobile commerce network spearheaded by retailers including Walmart, Target, Best Buy and 7-Eleven--has selected digital security firm Gemalto to build its mobile wallet.
Numerex worked with Wal-Mart to solve a problem with the supply of bananas to its Supercenters using machine-to-machine communications, said Jeff Smith, chief technology officer of Numerex.
SAN FRANCISCO--Walmart is testing a technology that will allow smartphone users to search for specific items in a store and find their exact location in that store. The company is testing the service in its San Jose, Calif., store, said Gibu Thomas, SVP of mobile and digital at Walmart.
E-businesses lack the funding they need to build mobile services, integrate mobile services with their backend infrastructure and build out teams with the right skills in-house, according to a recent study by Forrester Research.
More than 7,000 retail outlets across the U.S. will begin selling the Moga mobile gaming system later this month, with T-Mobile USA joining their ranks in November.