Are you a data and content junkie? The ARK Challenge is offering some interesting information directly from some likely customers located in our region. No worries—this isn’t mandatory reading, but the report’s here for those of your team who enjoy the research side of things.

In the report, you will find invaluable insights into the primary technology needs and trends in our three target industry clusters: retail, transportation and logistics, as well as food processing.

Startups, this represents a significant playground for innovation!

 Download the complete PDF report by clicking here.

Below is a summary of what you will find in five-page The ARK Challenge Cluster Technology Assessment Report (PDF).

Known Issues

RETAIL

  • Margin Improvement
  • Reporting, Risks, Compliance and Controls
  • Responsiveness to Trends/Opportunities
  • Customer Insights
  • Inventory Management
  • Marketing/Promotional Effectiveness
  • Customer Service and Online Reputation Risk
  • Prolonged Customer Experience

TRANSPORTATION & LOGISTICS

  • Inefficient Asset Utilization
  • Spot Quote Management
  • Compliance and Regulatory Issues

FOOD PROCESSING

  • Compliance and Regulatory Issues
  • Consumer Habits
  • Cold Chain

Trends

RETAIL

  • Shift in Strategy from Cost Containment to Growth Acceleration
  • Online and Mobile Shopping
  • Shrinking Average Store Footprints

TRANSPORTATION & LOGISTICS

  • Comprehensive Connectivity
  • Voice and GPS Communication Integrated into Rugged Computers
  • RFID Technology
  • Speech Recognition
  • Digital Imaging

FOOD PROCESSING

  • Private Label/Store Branded Food & Beverage Products
  • The Greening of Food
  • Solid Waste Reduction
  • Mechanical Versus Chemical Processing
  • Pretreatment Options, Water Conservation, and Wastewater Reduction
  • Rising Food Prices