BIG DATA MANAGEMENT

Infostretch Announces Engagement with Inxeption in Data Insights

Infostretch | February 17, 2021

Infostretch, an innovator in digital engineering administrations, today announced another partnership with Inxeption, a cloud-based digital business software platform intended for B2B. The joint effort will arm Inxeption's "I-business" clients with amazing new capacities to transform the data they as of now have into exceptionally significant insights for more astute dynamic.

Numerous B2B dealers today battle to acquire a genuine comprehension of their clients—inclinations, vertical patterns, purchasing propensities, buying recurrence, or related brand affinities—in light of the fact that their data is spread across various divergent frameworks and platforms. Getting to that data regularly includes such a lot of tedious, manual exertion and estimation that it invalidates any possible advantage.

Inxeption's modern strength I-trade platform incorporates all the basic business capacities including internet selling, dispatching, and monetary administrations. This empowers prompt insights through an ongoing dashboard which tracks online store visits, orders, transporting status and different measurements. Infostretch will use its data engineering ability to work out significantly more important insights by mining and investigating data from ERP frameworks and different databases that Inxeption clients make accessible. The outcome will be a progression of instinctive data understanding instruments and dashboards for explicit jobs in a client's organization, from promoting and marketing to fund and transportation.

“Getting to simplicity has always been complicated,” said Farzad Dibachi, CEO and co-founder of Inxeption. “Professionals in e-commerce have always had access to a lot of data, but they rarely have the answers they need to truly excel in their role. This partnership with Infostretch is changing all of that by bringing commerce professionals the key insights they need to play a more strategic role and significantly increase the bottom line. Infostretch combines deep data engineering expertise in enterprise environments with the agility and speed we need to stay ahead of the market.”

New Insights for Inxeption Customers
Working with Infostretch, Inxeption can offer its users a variety of new insights about their customers. For example:

• Marketing teams can get data showing how they can better market and nourish customer interactions and even offer new products.
• Merchants can segment existing customers who have purchased equipment that has a predictable cycle of parts replacement or disposable needs, enabling targeted marketing campaigns driving buyers to an online parts store on a schedule most likely to drive sales.
• Logistics teams can use geographic analysis and order patterns by customer locations to make better decisions that improve service and reduce costs.

Different insights mined from the data distribution center can address other crucial exercises, for example, adjusting outreach groups with corporate objectives and empowering truth based selling by conveying a completely coordinated perspective on client and item benefit. Likely arrangements incorporate utilizing AI to anticipate client conduct.

“Inxeption is an incredibly innovative industrial commerce platform and we’re proud to have them as a partner. No-one else has really come close to their level of connected thinking,” said Rutesh Shah, CEO & Founder of Infostretch. “We’re building on their innovation by aggregating, analyzing and simplifying all of that data so that it can be leveraged quickly and easily by different individuals and team within an e-commerce business. This combination of back-end complexity and front-end simplicity has not been attempted before in e-commerce, making this a fascinating engagement that will have a huge impact on the e-commerce industry.”

About Inxeption

Inxeption is the pioneer of Industrial commerce (“I-commerce”). Its secure and scalable cloud-based digital commerce platform brings the ease of consumer e-commerce to B2B. From one digital dashboard, companies of any size in any industry can drive more sales, gain operational visibility, and realize cost savings. Its integrated service offerings include merchant cash advances and other financial services, flat-rate logistics with shipping protection, web design, and strategic marketing.

About Infostretch

Infostretch is a pure-play digital engineering services firm focused on helping companies accelerate their digital initiatives from strategy and planning through execution. We leverage deep technical expertise, Agile methodologies and data-driven intelligence to modernize systems of engagement and simplify human/tech interaction. We deliver custom solutions that meet customers’ technology needs wherever they are in their digital lifecycle. Backed by Goldman Sachs and Everstone Capital, Infostretch works with both large enterprises and emerging innovators — putting digital to work to enable new products and business models, engage with customers in new ways, and create sustainable competitive differentiation.

Spotlight

The cloud is becoming a mature platform for data management, integration, business intelligence (BI), and analytics. Business leaders understand that the cloud can provide flexibility, scalability, and agility for their BI and analytics projects. Instances of the cloud can quickly spin up (or down) without the cost and delays of installing on-premises applications. In the recent TDWI Best Practices Report: BI, Analytics, and the Cloud, we take a look at organizations’ experiences with and plans for cloud BI and analytics, including how satisfied organizations are with the cloud and why, overcoming cloud adoption challenges, and what your organization should consider when moving to the cloud. Here are several of the key survey results.


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DATA ARCHITECTURE

Fractal expands cloud AI offerings with the acquisition of Neal Analytics

Fractal | January 12, 2022

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DATA SCIENCE

Introducing Neo4j Graph Data Science as a Service

Neo4j | April 13, 2022

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DATA ARCHITECTURE

Crunchy Data Launches France Operations to Build on Momentum in Europe

Crunchy Data | January 04, 2022

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BIG DATA MANAGEMENT

Penguin Releases the Decentralized Data Network for Web3.0

Penguin | January 03, 2022

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By offering a universal decentralized data network for Web3.0, the platform can fulfill multiple roles for different areas of blockchain space. Moreover, Penguin aims to work with the blockchain industry to create decentralized applications (DApps), products, and services seamlessly accessible in Web 3.0. A unique feature of the platform is that it offers automatic scaling; that is, an increase in storage space demand would be efficiently handled. This will eventually lead to a lowering of costs for the blockchain arena. Penguin also facilitates efficient data storage capabilities and quick data retrieval. The network is economically automated with a native protocol token, PEN, thanks to its built-in smart-contract-based incentive system. 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Moreover, the most significant evolution enabled by Web 3.0 is the minimization of the trust required for coordination on a global scale. It fundamentally expands the scale and scope of human and machine interactions to a far new level. These interactions range from easy payments to richer information flows and trusted data transfers, all without passing through a fee-charging intermediary. Web 3.0 enhances the current internet service with significant characteristics like trustless, verifiable, permissionless, self-governing, etc. This is why a permissionless, decentralized blockchain like Penguin plays a pivotal part in developing the so-called "decentralized internet of the future." Decentralized data networks like Penguin make it possible for data generators to store or sell their data without losing ownership control, compromising privacy, or reliance on intermediaries or go-betweens. Blockchain Technology and Web 3.0 Blockchain technology and cryptocurrencies have always been an integral part of Web3.0. It provides financial incentives for anyone who wants to create, govern, contribute, or improve projects. Today the internet needs Web 3.0, a new generation of the Internet protocol that facilitates free identity, free contracts, and free assets. Blockchain technology with its advanced network fundamentals offers a near-perfect solution with in-built smart contracts for self-deployment and access, decentralized addresses as accounts, etc. Penguin, the decentralized data network, provides an available decentralized private data storage solution for all Web3.0 developers. How Does Penguin Benefit The Development Of Web 3.0 Today we live in a data-driven world, where companies often collect massive amounts of user data and use this data with the intent to deliver value. Data privacy has become a greater concern over the past few years. 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Penguin - An Infrastructure for A Self-Sovereign Society Penguin is more than just a network; the protocol sets a strong foundation for creating a market economy around data storage and retrieval. The platform also has entered into a host of prospective and strategic partnerships and collaborations with different projects and protocols in the DeFi, GameFi, NFTs, smart contract, and other metaverse spaces. Moreover, as a platform for permissionless publication, the Penguin network promotes information freedom. The platform’s design requirements can only be met by the network native token PEN. Some of the significant features that Web 3.0 offers are zero central point of control by removing intermediaries, complete ownership of data, sharing information in a permissionless manner, reducing hacks and data breaches with decentralized data, and interoperability. On the other hand, Penguin aims to build an infrastructure for a self-sovereign society. 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It successfully rules out other values that treat any particular group as a privileged or express preference for specific content or even data from any specific source. These meta values make Penguin an efficient decentralized, permissionless data network for Web 3.0. Penguin’s Future-Proof Design Principles - Meeting the Needs of Web 3.0 The information society and data economy have ushered in an era where online transactions and big data are pivotal for everyday life. Therefore, it is essential to have a future-proof and advanced supporting technology like Penguin. The network offers a strong guarantee for continuity. The Penguin network ensures continuity by following some general requirements or system attributes. Some of them are stable and resilient specifications and software implementation. Scalable enough to accommodate many orders of magnitude, more users, and data without lowering the performance or reliability for mass adoption, secure and resilient solution to deliberate attacks, Penguin is a self-sustaining autonomous solution that is independent of human or organizational coordination or any legal entity's business.

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Spotlight

The cloud is becoming a mature platform for data management, integration, business intelligence (BI), and analytics. Business leaders understand that the cloud can provide flexibility, scalability, and agility for their BI and analytics projects. Instances of the cloud can quickly spin up (or down) without the cost and delays of installing on-premises applications. In the recent TDWI Best Practices Report: BI, Analytics, and the Cloud, we take a look at organizations’ experiences with and plans for cloud BI and analytics, including how satisfied organizations are with the cloud and why, overcoming cloud adoption challenges, and what your organization should consider when moving to the cloud. Here are several of the key survey results.

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