Arcgate Inc - All Things Data & Tech

Disruption within the retail industry is not entirely new. In early 90’s the ‘Big-Box’ stores like Walmart, Target began to replace mom and pop stores by becoming one-stop-shops for consumers and satisfying all their paper-shopping-list needs. Today, theses disruptors are being disrupted by eCommerce and online marketplaces. No longer do consumers need to make a stop at all! Online shopping has not only changed the shopping experience but also customer expectations; and it is the one that is having a far reaching impact around the globe. For established or emerging companies and startups; it is easy to take on a U.S. centric view when thinking about consumers, but making cross-continental connections is crucially important. What strategies may work in U.S may not work in Asia; thus it is important for companies to understand consumers in different markets to curate and personalize the online shopping experience. 

Online handling of property listings and property management has become the new normal in the real estate industry. And thus everything from private equity firms to traditional brokerages are increasingly getting aware of the cost and time-saving benefits of technology in the real estate sector. The adoption of technology to enhance operations and boost sales are seeing investments in the real estate tech space grow aggressively, and investors’ interest in the real estate technology space is also skyrocketing. 

Real estate tech startups have seen a steady rise over the last five years and is said to be one of the most promising industry for investors and venture capitalists. New age technology startups are innovating and relentlessly working to full the technology gap to drive efficiency and effectiveness to reshape the traditional real estate industry. 

Food and fitness industry is leveraging artificial intelligence and image recognition to help give its consumers recommendations for meals and exercise plans to help them achieve their long-terms health goals. Not only that, the concept of “track and trace” is changing the supply chain in food and beverages industry. With more demand for transparency in food labels and changing customer preferences it is imperative for food tech startups to harness big data and internet of things, along with the use of artificial intelligence to build an overall successful strategy for its business. 

Brands that rely on retailers to sell their products to end-users miss out on its consumers shopping preferences due to lack of access to point of sale data. However, as image scanning and OCR (optical character recognition) technologies improve brands can get the full pictures of their consumers behavior and preferences in the stores. Receipt data can help brands launch loyalty programs and promotions based on actual data like time of purchase, place of purchase, items bought in combination, price of each item bought etc. Receipt data can be immensely helpful for marketers and brands in making them understand the shoppers's behavior better. 

Real estate has long been an appealing market for investors, and for good reason: there is a lot of money at stake. Tech startups in this space are geared towards changing everything from real estate advertising, peer-to-peer leasing, finding shared living, increasing both the quality and quantity of tech solutions available to CRE brokerages, thus, accelerating the industry to quickly move from tech adoption to tech integration and transformation.