IoT Data Analytics in Retail: Framework and Implementation
IoT data analytics has many potential applications in the retail industry. However, relations among ambient conditions at stores as measured by IoT devices and sales performance are not well understood. The study explores sensory and sales data provided by a large retail chain to quantify the impact of air quality, temperature, humidity, and lighting on customer behavior.
It has been determined that the air quality and humidity have a significant impact and temperature appears to have a non-linear effect on customer behavior. The data analysis findings are used to configure an IoT data analytics platform. The platform is used to monitor the ambient conditions in retail stores, to evaluate a need for improving the conditions as well as to enact improvement by passing them over to a building management system.
The slides are available on IoT Data Analytics in Retail: Framework and Implementation.
