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Data Analytics and Business Intelligence for Amazon Company

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Added on  2023-05-31

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This article discusses the performance of Amazon as an e-commerce organization and its competitors in the industry. It also analyzes the main players, competing environment, and the power of each competitor.

Data Analytics and Business Intelligence for Amazon Company

   Added on 2023-05-31

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DATA ANALYTICS AND BUSINESS INTELLIGENCE
0
Data Analytics and Business Intelligence for Amazon Company_1
DATA ANALYTICS AND BUSINESS INTELLIGENCE
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Data analytics and business intelligence for Amazon Company
Industry Performance
Amazon is an American E-commerce organization that was developed by Jeff
Bezos in the year 1994 and today it is one of the biggest companies in the world.
Amazon is a company that provide various kinds of services to their consumers, for
example, online retailing, shopping, and cloud-based services (Baugh, Ben-David, &
Park, 2014). In the year 2015 e-commerce industry surpassed as the most leading
company in the United State and it is the 3rd most valuable public organization in the
U.S. In the year 2016 this organization developed cloud computing and designed the
AWS process to provide cloud-based services. In this modern generation, most of IT
organization use Amazon web service to handle a large amount of data. It is analysed
that in the last four years e-commerce industry changed the way of communication and
increased their value in the field of online retailing.
Today, e-commerce industry is performing very well because most the
customers purchase any product online and this organization provided better retailing
services to their users. Recently e-commerce industry released the advanced technology
that is amazon prime membership that attracted numbers of consumers. The main
feature of this prime technology is that they provide a one-day delivery facility by which
consumers can receive their products in less time. Around 100 million individuals use
this service in the world (Buehler, Coublucq, Hariton, Langus, & Valletti, 2017). They
also changed their application and added few features like Amazon pay balance, mobile
recharge, electricity bill and many more that increased their values in the market. It is
estimated that the sales from foods have increased by 43% per year but in the year
2018, this rate jumped 46% to $30.7 billion (Correll, et al., 2018). In the year 2015,
through market capitalization, this organization crossed Wal-Mart as the most valuable
online retailer in the United State and it is the 5th most important public organization in
the world. The business model of e-commerce industry clarifies the key partners, key
activities, customer segment, revenue streams and key accomplices. In the year 2008,
this organization produced their vision that is persistently focused on consumers
experience by providing products into a low price, and a wide selection of merchandise
(Khan, Alam, & Alam, 2015).
Data Analytics and Business Intelligence for Amazon Company_2
DATA ANALYTICS AND BUSINESS INTELLIGENCE
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Main Players
Amazon is an online retail company which is a 3rd most valuable company in the
United States but there are many players in this sector, for example, eBay, Wal-Mart,
wish.com, Costco Wholesale Corporation and Kroger Company. According to a recent
survey it is identified that Amazon is one of the biggest players in the sector of E-
commerce and it also provided web services to their consumers. All these originations
are ranked according to the sale figures and financial statements and Wal-Mart is the
world largest retail industry after Amazon that reported revenue of $485.7 billion in the
year 2015 (Dholakia, Dholakia, & Chattopadhyay, 2018). It operates almost 11,453
stores in total 27 countries but recently Amazon increased their market and around
12,400 stores operated in around 29 countries. The Costco wholesale is also an online
retailer that operates in only 9 countries and it reported revenue of $112.5 billion in the
year 2914 which is very less as compared to the Amazon industry. It is investigated that
Amazon is the leader in the area of the retailer and other e-commerce industries are not
close to the volume of Amazon. eBay has around 6.5% of the market, Wal-Mart has
3.7%, best buy has 1.3% but Amazon has 7.9% which is very high as compare to other
(Kumar, Dass, & Kumar, 2015).
Competing Environment
Amazon is the biggest e-commerce organization through revenue in the U.S. as of
the year 2017. This organization generally operates in the main three general segments,
for example, media, electronics and merchandise. Oligopoly is one major kind of
competition exists in the E-commerce industry and Amazon is leading the competition
as their products and services offering are huge through which they target a larger part
of the target market. In the media segments, there are several competitors of Amazon
such as eBay, Netflix, Time Warner cable, Apple, and Google. In the sector of electronic,
there are many competitors, for example, best buy, family dollar, WMT, BIG, and
systeMacs (Kumar, Dass, & Kumar, 2015). In the third segment, Amazon competes with
few of the world biggest companies involving CDW, CNXW, NSIT, ORCL, and CTXS.
Amazon generally focuses on the selling books and also provides cloud-based services
to their consumers. The online retailer's development is being driven by that of Amazon
Prime, which presently purportedly has half of the American families. Add to that the
quick infiltration of Alexa driven man-made reasoning (AI) gadgets, which sold at seven
Data Analytics and Business Intelligence for Amazon Company_3

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