Digital Transformation Glossary: A

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Digital Transformation Glossary: A

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A9

Amazon's product search algorithm.

AGILE DEVELOPMENT

Software development approach that involves designing solutions through collaborative efforts of self-organizing teams and cross-functional teams and their customers, including adaptive planning, transformative development, early delivery and continuous improvement.

AI-ENABLED RETAIL

AI (artificial intelligence) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using the rules to reach approximate or definite conclusions), and self-correction. Applications of AI include expert systems, speech recognition, and machine vision. AI-enabled retail is used by retail stores.

Digital Transformation Glossary Navigation

ANTI-FRAUD TOOL

Used by retailers to manage fraud by fraud-detecting methods and services such as data analysis, data mining, time-series analysis, calculation of statistical parameters and matching algorithms to detect anomalies.

APP

Abbreviation of  application,  i.e., software programs that perform specific functions on a computer or handheld device. Apps run the gamut from web browsers and games to specialized programs such as digital recorders, online chat and music players.

APPLICATION PROGRAMMING INTERFACE (API)

Set of rules and specifications for software programs to follow in communicating with each other to facilitate/enable interoperability.

APPLICATION SERVICE PROVIDER (ASP)

Business that provides computer-based services to customers over a network, i.e., providing EPOS software over a secured broadband connection.

ARA BASIC (AMAZON RETAIL ANALYTICS BASIC)

Free version of Amazon s analytics platform for suppliers that provides access to data regarding their sales, inventory, operations and catalogs on Amazon.


 


ARAP (AUTOMATED RISK ANALYSIS PLATFORM)

Paid version of Amazon s analytics platform for suppliers that provides access to data regarding their sales, inventory, operations and catalogs on Amazon. With the Premium subscription, companies can also get access to information regarding search terms, category sales, geographic sales, page views, conversion, customer reviews, sales summaries and growth items.

AUGMENTED REALITY (AR) IN-STORE

Real-world interactive experience that augments real-world objects across various sensory platforms including auditory, visual, somatosensory, haptic and olfactory through computer-generated perceptual information.

AUGMENTED REALITY (AR) KIT

Apple's augmented reality (AR) development platform for iOS mobile devices, which allows developers to build high-detail AR experiences for iPad and iPhone.

AUTOMATED WAREHOUSE

Warehouse that uses extensive conveyors,sorting equipment, automated storage and retrieval systems (AS/RS) and other material handling solutions that move goods to workers, i.e., a  goods-to-man  warehouse.

AUTOMATIC REORDERING SYSTEM

Program that reorders merchandise when in-store supplies fall below a predetermined level.

AUTOMATION

Use of various technologies to automate different retail locations, helping to reduce cost and improve service quality.

AUTONOMOUS SHOPPING CART

Designed to lead a shopper through a grocery store and efficiently help him/her find items on a shopping list input into the cart via an app.

AWS (AMAZON WEB SERVICES)

Amazon division that provides on-demand cloud computing platforms and infrastructures on a paid-subscription basis.

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