12 Questions
What is the purpose of the AWM Smart Shelf mentioned in the text?
Track products in real-time and assist shoppers in finding products
What is one solution provided by the Acrelec system mentioned in the text?
Helping stores manage curbside pickup
Which technology mentioned in the text is specifically focused on enabling low-contact cashierless checkout?
AWM Frictionless
What is a key role that information technology (IT) plays in brick-and-mortar retail stores according to the text?
Driving business operations and management decisions
What type of changes are often required for firms to derive full business value from their IT investments?
Organizational, management, and cultural changes
What was the global spending on information technology (IT) and IT services in 2019 according to the text?
$3.8 trillion
What percentage of total U.S. capital spending was devoted to IT investment during the peak years between 2009 and 2010?
50 percent
When was the last recorded percentage of total investment devoted to IT in the U.S. as per the text?
2019
What technological innovations are mentioned in the text that are transforming the traditional business world?
Cloud computing and big data
Why are firms continuing to spend a significant amount on IT investment according to the text?
To transform traditional business practices with new technologies
Which of the following is NOT mentioned as a reason for firms to invest heavily in IT?
Investing in machinery and buildings
What impact do technological innovations like cloud computing and big data have on businesses as per the text?
They transform day-to-day business operations
Explore how smart stores are transforming the retail space by addressing challenges and leveraging new technologies like Acrelec system for curbside pickup, AWM Smart Shelf for real-time product tracking, and AWM Frictionless for cashierless checkout. Learn about strategies to stay competitive in the face of online retailers.
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