HP Innovation Journal Special Edition: Retail Transformation | Page 7

of both worlds, providing the functionality of a fixed point of sale system with the flexibility of a mobile device. It ensures that no matter how business requirements change in the future, retailers are positioned to be agile and adapt and the technology is there to execute that plan. In any of these cases, it’s best to turn to products that have the flexibility to meet current and future business needs, to stay ahead of the curve and remain competitive for years after implementation. The HP Retail Solutions portfolio—including the Engage One, the Engage Go, and the Engage Flex—is designed with an eye on the needs of the future. These HP devices use the 8th generation Intel ® chipset, which is optimized for Windows 10, and modern processors that meet current needs and are robust enough to match future processing demands to better serve con- sumers. Which means that as business needs evolve, and system demands grow, you’re already prepared. THE FUTURE OF CUSTOMER SERVICE Customer demands are rapidly evolving, growing over time and expanding to include services that just a few years ago were not a part of how typical or even stand- out businesses provided service. Consumers are channel agnostic, combining bricks and clicks, and engage with brands, products and services according to personal preferences. The best-positioned retailers will leverage the latest technology to provide service when and where a customer wants it, and exactly how they want it. Shoppers are 85 percent more likely to frequent stores that offer personalized offers in real time, and 75 percent more likely to shop places that deploy self-serve kiosks and interactive screens 1 . Leading operators will tailor personal engagements to consumer preferences: whether a customer is browsing in a store, simply picking up an item, or any other situa- tion imaginable. New, adaptable technology—like the HP Engage Go—also allows the associate to meet customer needs wherever they are in the store, providing a more convenient and engaging experience. For example, imagine a hotel chain in Manhattan. It’s a boutique hotel brand, designed to appeal to a specific seg- ment of traveling customers. In such a space, the ability for an associate to use a mobile device and complete curb- side check-in with a guest is highly valuable. It makes the process convenient and personal, putting guests at ease and offering them a unique experience that enhances the brand. That ability to personalize experiences depending on the space and the individual customer’s desires drives brand perception to previously unavailable levels. HARNESSING DATA FOR ACTIONABLE OUTPUT Businesses can collect more data than ever before using new and developing technologies. Sensors, video cameras and other devices integrated into retail and hospitality environments can be employed to gather data on cus- tomer preferences and shopping behavior, track inventory availability, observe traffic flows, or present helpful information based on age or gender demographics. The vast amount of data can be overwhelming, but it’s key for businesses in the future to make sense of it turning the data into actionable insights. Corporate and frontline employees alike can analyze inven- tory data, determine the optimal number of employees, and figure out how to appeal to a target demographic for retail sales or determine what cuisines to prioritize for hospitality customers. These functions are particularly suited to the HP Engage Flex product line, which offers high-powered, incredibly reliable edge computing capabilities. Finally, such insights create a more seamless customer service environment. Instead of customers standing in a section of a home goods store in front of a display of appliances, pressing a customer service button, and hearing a message over a PA system, sensors and analytics tools within a retail space can direct associates to where they are needed and provide them real-time information needed to engage the customer and offer meaningful service. This allows for a more personal interaction, and for an associate to help seal the deal in the final purchase decision. We can’t guarantee what the future will look like, but we can foresee some changes on the horizon, like the ever-present need for greater computing power, and the ability to handle increased automation. And along the swift current of future business needs, HP is committed to delivering the technologies that continue to enable business to keep up with consumer demand, delivering a roadmap that helps retailers today and positions them for success in the future. 1. HSO, “The store of the future—creating the ultimate shopping expe- rience” infographic, 2018. 5