Tech News

Microsoft & Nielsen in Strategic Alliance to Accelerate Retail Innovation

Nielsen and Microsoft announced a new enterprise data solution that democratizes one of the largest consumer data sets in the world.  This strategic alliance has been brought to life through Nielsen Connect, powered by Microsoft Azure, the trusted and global-scale intelligent cloud platform.

Microsoft and Nielsen are together focused on helping Fast Moving Consumer Goods (FMCG) and retail companies find growth and accelerate innovation within an open data environment.

Nielsen Connect is inspiring companies to glean more value from their data and sparking a movement for the industry to reimagine its approach to data strategy.  Through advanced analytics and artificial intelligence services built on Azure, Nielsen Connect is helping companies integrate data assets to more easily spot emerging trends, diagnose performance gaps, and act faster on opportunities to grow. Most notably, this platform enables clients to use their data as an enterprise asset across all parts of their organization.

“Nielsen’s powerful data is as much of an enterprise asset as people and products,” said John Tavolieri, President, U.S. FMCG and Retail and Chief Technology and Operations Officer at Nielsen. “It’s our priority to make sure clients are maximizing their data assets, so Nielsen and Microsoft are breaking down the silos of the status quo. We are helping the retail industry reimagine its approach to data by creating a truly open and global environment of collaboration, encouraging companies to evolve beyond mere data management. Adopting a holistic data strategy will be the only way to win in FMCG and retail.”

“The first critical step toward digital transformation, especially among retailers, is breaking down the barriers between customer and operational data to fuel insights for the business,” said Judson Althoff, executive vice president of Microsoft’s Worldwide Commercial Business.

Nielsen Connect brings clarity to what’s happening in the market from every angle. Nielsen’s deep media and consumer measurement (including retail point-of-sale data, consumer panel, e-commerce, fresh food and cross-platform media data), is integrated with a robust variety of data sources, including  data provided directly from clients as well as from Nielsen Connect Partners. Nielsen’s reference data, which provides structure to the world’s most robust retail and shopper information, powers this system to make integration across data sources and countries simple. Within this open and agile platform running on Microsoft Azure, customers can easily access data sets via APIs and connectors, allowing them to extract the data they need to fit their own technology strategy.

Jointly Microsoft and Nielsen solution will serve as a one-stop-shop in creating scalable, high-performance data environments that enable greater real-time collaboration for faster results. This strategic alliance, has enabled the two companies to work toward a mutual vision of an open and connected data universe, empowering a new generation of solutions for the FMCG retail marketplace.

(Image Courtesy: www.asysco.com)

Leave a Comment

Your email address will not be published.

You may also like