I am sure you can see it but in case you didn’t notice then a second hand book seller “Amazon” just bought one of the biggest organic food retail chain “Whole Foods” . I am sure this deal has raised some eyebrows but the world that we live in is changing at a pace which many of out there cannot comprehend.
So what is next for Whole Foods?
Before we go into that let’s take a step back and see why and how Amazon rose to great heights in just few years. The Simple answer is: Adopting Technology at a rate that the competition cannot see what just hit ’em. Apart from some other successful businesses that Amazon forayed into like AWS (Amazon Web Services), they have invested a lot in upgrading their technology – Algorithms, Artificial Intelligence, Machine Learning and more
Let’s come back to the question on what is going to happen at Whole Foods Market or what kind of changes to expect. I believe Amazon is going to leverage enormous data to drive more customers to store, adopt more automation, simplify some of the existing processes, integrate Amazon prime with grocery delivery/business
Data is new gold mine or some say “oil reserves” of future. If you have capability to extract, transform and make sense of that ginormous ( not sure if it is a word) data then you are at a good spot. Not many companies know what to do and where to start with it.
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