Welcome to Episode 57 of the Cloud Wars Horizon Minute — featuring news and commentary hosted by Acceleration Economy analyst Tom Smith. Each episode provides insights into one or more Innovation Accelerators on the Cloud Wars Horizon. This episode focuses on recently announced tech and business initiatives from retail and digital business titans Walmart and Kroger.
00:41 — In previous videos, we’ve made the case more than once that Walmart is the world’s top digital innovator. Kroger is also a customer-focused innovator. Recent developments from both companies support their leadership positions.
01:00 — Last week Walmart said it’s going to start offering a free version of Walmart Luminate, a big data/analytics platform it launched a year ago for the retail industry. The company says product revenue grew 80% quarter over quarter.
This Cloud Wars Horizon Minute is sponsored by Celonis, the market leader in process mining and execution management. The world’s top 2,000 process fanatics learned to fix process inefficiencies at Celosphere, the company’s annual conference, which was held November 9th and 10th in Munich, Germany. Sign up to watch the free virtual Celosphere 2022 stream here.
01:40 — Basic/free subscribers to the internally developed software will gain access to a subset of Channel Performance insights, including the standard operational metrics needed to run their business.
02:15 — Additional Walmart tech news: Its finance organization has chosen to standardize on Microsoft Power BI to create an agile, scalable, and cost-effective reporting and analysis solution.
02:45 — For its part, Kroger said it is buying rival Albertsons in a deal valued at about $25 billion. The deal will enable the combined company to better compete against Walmart and Amazon.
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