Business Outcomes With Ibm Big Data Analytics

Wal-Mart evolved from Sam Walton’s purpose for great price and great consumer service. “Mr. Sam,” as he was known, believed in management through service. The principle that true leadership depends on willing service was the standard on which Wal-Mart was built, and drove the choices the business has made for the past 50 years. So much of Wal-Mart’s past is attached to the story of Sam Walton himself, and so much of our future will be deep-rooted in Mr. Sam’s principles. Sam's rivals thought his plan for a thriving business couldn’t be built around low prices and great service. As it happened, the company's achievement went beyond even Sam's hopes. The company went public in 1970, and the profits funded a steady growth of the business. Sam recognized the rapid increase of Wal-Mart not just to the low prices that fascinated consumers, but also to his staff of workers. He depended on them to give customers the great buying experience that would

Walmart is known throughout the entire world as one of the most popular chain department stores. Actually, most have probably visited a Walmart store in the past week. Though Walmart stores seem to be a normal part of life the average person more than likely has little knowledge that pertains to Walmart’s success and business culture. This paper will guide one through the history of the organization, why Walmart is successful, what could threaten or open new opportunities, and how might they hold a competitive advantage.

On July 2, 1962, Sam Walton opened the first Walmart in Rogers, Arkansas. Walmart’s story is the story of American capitalism. According to a 2012 study, more than 140 million Americans shop at Walmart each week. That’s more than how many people were at the 2012 Super Bowl. But there’s more to Walmart than what is on the surface. In this essay, I want to talk about and present the company’s actions.

First, it is important to understand that Walmart, being the economic super power it is, developed extremely quickly. According to the Company Profile Walmart Stores, Inc., Walmart was established in 1969, and shortly thereafter in 1972 become publicly traded on the New York Stock exchange. As the company continued to grow, in the 1980’s the company diversified into Supercenters, Sam’s Club (membership warehouse club), and even international operations. Walmart expanded and began to sell household items (2000), the launch of their “No Boundaries” cosmetic line (2001), an online music store (2004), the completion of Walmart Site to Store (2007), Walmart prepaid debit cards (2007), their very own home furnishing brand “Canopy” (2008), and finally their very own line of Sam’s choice coffee (2008). In 2009 the company took a huge leap

In 1950, Sam Walton opened Walton’s 5 & 10; a convenience store aimed at providing customers with low cost goods. Unlike other convenience stores of its time, Sam Walton gained a competitive advantage by implementing innovative business models within his operations and finance departments (complex supply chain management and low profit cost-cutting schemes, respectively). Over the next 65 years, Wal-Mart grew to be the largest corporation in the United States with over 5,000 stores and a staggering 1.2 million employees. In fact, Wal-Mart’s staff accounts for 1% of the United State’s working population (Blodget, 2010). Unfortunately, such an enormous presence, combined with negative reviews, has turned Wal-Mart into the

The latest technological development in data analytics and implementation helps organizations gain insights and how to deal with informed decisions.

Walmart is an American business, retail organization that controls a chain of discount department stores and warehouse stores known for their (EDLP) “Every Day Low Prices” strategies. Walmart was founded by Sam Walton in 1962 and united on October 31, 1969 as Walmart Stores, Inc. The company head office is located in Bentonville; AR. Mainly my perception of Walmart is that it was primarily created to improve the lives of their customers by obtaining low prices and allowing their communities to save money. Walmart begins public trading in 1972 on the New York Stock Exchange. From 1972 to 1980 with nonstop progression Walmart was operating in 15 states with 280 stores.

Wal-Mart as we know it today evolved from Sam Walton’s goals for great value and great customer service. “Mr.Sam”, as he was known, who believed in

Wal-Mart is a general merchandise discount retailer, which was incorporated in 1962. Wal-Mart’s history is based on one man, Sam Walton, who changed the course of retailing forever. Sam Walton first entered retailing when he was a management trainee at J.C. Penny Co. in 1940 in Des Moines, Iowa. After serving in the Army in World War II, Walton acquired a Ben Franklin variety store franchise with his brother James Walton in Newport Arkansas, until they lost the lease to the store in 1950. By 1962, when the first Wal-Mart Discount City was opened in Rogers Arkansas, both Walton’s were operating fifteen stores under the “Walton 5 & 10” name, and were the largest Ben Franklin franchisee in the

Sam took all the knowledge and success he had acquired, and he crafted a dream and a plan. A dream that was criticized by competitors. His plan: to offer low prices and great service. He was told it would never work, but in 1962 he opened the first Walmart in Rogers, Arkansas. When the company went public, in 1970, the business grew and expanded. The Walmart associates were Sam’s secret recipe. They offered great service and kept customers coming back. This is the life blood of any business; Walmart being no different. They used a great environment to keep the customer loyalty. This system exceeded Sam and Helen’s expectations greatly. As the popularity and business grew; Sam’s dream and expectations grew with it.

In 1962, the birth of regional discount stores occurred, including Wal-Mart, which grew to be one of the world’s most successful retailers

Walmart is the biggest retailer in the world and handles more than one million customer transactions every hour and generates more than 2.5 petabytes of data storage (Venkatraman & Brooks, 2012). To put this into perspective, this data is equivalent to 167 times the number of books in America’s Library of Congress (Venkatraman & Brooks, 2012). So how can Wal-Mart use this massive amount of data and what useful information can this data provide? This paper will provide a brief overview of the importance of Business Intelligence (BI) and how the largest retailer in world, Walmart, is using it.

Business thrive when they have the most accurate, up-to-date, and relevant information at their disposal. This information can be used for a plethora of pertinent markers in small and large businesses, relating to accounting, investments, consumer activity, and much more. Big data is a term used to describe the extremely large amounts of data that floods a business every day. For decades, big data has been a growing field, facing controversy on many levels, but as of late, it has been a major innovator in the challenge of making businesses more sustainable. Big data is often scrutinized for its over-generalization and inability to display meaningful results at times. When applied correctly, data analysis can bring earth-altering information to the table.

Walmart’s history dates back in 1945 when Sam Walton bought an outlet of the Ben Franklin retail stores with the aim of selling products at a relatively low cost, so as to generate huge sale volumes and make profits at a low margin. Although this portrayed the purchased outlet as a crusade for most consumers,

Wal-Mart delivers a wide variety of goods at competitive prices to add value and low cost its costs, making it the strongest company in the retail sector. Over the years, Wal-Mart has attracted the attention of many analysts because of its huge international success and its ability to target a wide demographic of shoppers. Wal-Mart is a discount retailor founded by Sam Walton in 1962. This Company has grown to be a retail giant with over 11,000 stores worldwide from Canada, Brazil, Argentina, UK, and China. When Walton initially founded Wal-Mart, his business strategy was to make everyday products available to ordinary consumers at affordable prices. Wal-Mart’s business strategy still remains