4 Trends Driving Retailers in the New Age of Data

4. Risk management: Retailers are faced with data-related pressures such as possible data breaches and consumers’ privacy concerns. As data becomes more abundant, so are the rules regulating that data. Maintaining data compliance requires an information-centric approach. Rather than patching problems with quick-fix solutions that can be costly and time consuming, a successful data compliance strategy relies on solid processes for managing data.