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Contact Us Connect The core of digital retail A unified infrastructure underlies the success of your digital transformation, creating a secure, unified, and cost-effective approach to commerce. In addition to being the technological foundation for the four key capabilities listed previously, it also gives you the flexibility to innovate and evolve. The right technology unlocks: • New retail brand engagements, like proximity advertising and digital in-store signage • New business and revenue models—direct-to- consumer sales and alternative payment methods • New ways for customers to discover and choose products • New methods for engaging directly with customers on the channels and devices they use • New options for intuitive product selection via augmented and virtual realities Chapter 5 The technological foundation for digital transformation Closing the gaps in retail Innovation A recent Cisco customer surveys suggests that: Retailers are underinvesting in technologies that differentiate them from the competition. 42% of retail value lies in investing in enablement technologies. 37% of retailer investment is being placed in customer experience. only 6% of investment is allocated to associate productivity. HOWEVER billion in value lies in improving associate productivity. $ 187 billion in value lies in improving customer experience. $ 91 See the survey results

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