Sears Holdings expands relationship with Teradata
Sears Holdings has added the Teradata Active Enterprise Data Warehouse Platform 6690 to its existing Teradata analytic environment.
Sears has also added the new Teradata ADW Private Cloud with Elastic Performance on Demand for on-demand business analytics. By having flexible data-crunching capacity on the Teradata Private Cloud, users can efficiently and economically address surges in business activity, driven by such events as the holiday shopping seasons, launch of marketing campaigns, unexpected high demand or seasonal demand swings, the ompany said.
"The new Teradata multi-petabyte big data platform will help Sears lead customer based innovation through integrated retail and support our membership program, Shop Your Way Rewards," said Oliver Ratzesberger, VP information analytics and innovation at Sears Holdings. "By combining previously separated databases and data marts onto a single virtualized big data platform we eliminate the need to maintain multiple copies and data feeds, thereby reducing time to market as well as TCO."
Housing report lifts mood at HIRI conference
Chicago – The Home Improvement Research Institute (HIRI) Fall Conference kicked off just a few minutes after the Commerce Department released data showing a 15% increase in September housing starts.
It was comforting news to the industry in general. It was also a particular relief to presenter Joshua Rosenbaum of UBS. “It means I don’t have to redo my presentation,” said Rosenbaum, managing director of UBS’s Global Industrial Group, about the seasonally adjusted annual rate of 872,000.
Rosenbaum described a relatively clear path to the million starts level, and pointed out that 2013 housing starts forecasts from 10 different firms range from 1.1 million on the high end to 0.8 million on the low end. The average forecast for 2013 was 924,000.
Returning to the historical average pace of about 1.5 million starts would require a significant improvement in the nation’s employment situation, he cautioned.
Rosenbaum’s presentation here, "The U.S. Economic Backdrop for Home Improvement," pointed to renewed interest in the home improvement sector by Wall Street. “Investors are very excited about the home improvement sector,” he said. “It’s happening.” He established the point by showing significant growth in the last year of price-per-earnings ratios for building product retailers and building product manufacturers. Respectively, the median P/E ratios increased from 11.6 to 20.3; and from 12.1 to 22.6.
Ironclad work glove keeps user connected
Ironclad Performance Wear has introduced a new work glove that enables users to wear them while using touch-screen devices.
The Ironclad TouchScreen glove features exclusive TS1 technology that covers the entire palm side of the glove. Drawing connectivity from the entire palm of the hand ensures that the maximum amount of conductivity is available at the thumb and fingertips, and that the glove works in both clean and dirty conditions, the company said.
"Purpose-built and designed from the ground up, the TouchScreen glove enables the user to operate touch-screen devices without ever having to remove his or her gloves," said Fred Castro, VP sales and marketing. "Built on the chassis of Ironclad’s recently introduced Mechanic glove, the TouchScreen glove provides superior protection, fit and dexterity, while simultaneously permitting the use of touch-screen devices."