Welcome!

SAP HANA Cloud Authors: Elizabeth White, Liz McMillan, Pat Romanski, Yeshim Deniz, William Schmarzo

News Feed Item

Predictix Thinks Differently, Challenges the Status Quo to Give Retailers a Competitive Edge

Predictix will showcase its suite of highly differentiated Planning and Merchandising and Supply Chain solutions this week at the National Retail Federation (NRF) Conference and Expo, booth #975, Jan. 14 and 15. Every aspect of the Predictix approach—from a fundamentally better architecture and science to an adoption-focused implementation approach—is designed to drive significantly better decisions across the retail organization.

Predictix solutions are designed for the mission-critical decisions on the front-end of retail, including Planning, Assortment, Pricing, Promotions, Forecasting and Replenishment. However, unlike rigid, traditional software solutions, Predictix takes a fresh approach by:

  • Offering highly tailored solutions that fit each retailer's unique business model and need.
  • Providing a better understanding of consumer demand as the foundation for smarter decision-making across the entire retail organization.
  • Driving solutions that nimbly evolve as the retailer's business needs change.

Predictix is on the forefront of one of the most important trends in retail today, as retailers seek new answers to their toughest problems in a highly competitive era marked by Big Data, omni-channel retailing, and an intense battle for the customer. As a McKinsey Global Institute article pointed out, "radical customization, constant experimentation, and novel business models will be new hallmarks of competition as companies capture and analyze huge volumes of data"1—an approach that is embraced by Predictix.

The Predictive Adaptive Platform for Intelligent DecisionsTM is at the heart of the Predictix approach, with a cloud-based platform that provides unprecedented scale and the ability to manage, mine and process data volumes that were previously unachievable. The platform includes a component library platform that encompasses unlimited cloud-computing power, predictive analytics combined with the latest forecasting science, and fully configurable processes. The platform drives Predictix' tailored solutions that are uniquely suited to each retailer's purposes and processes and that are designed for rapid user adoption.

As a result, Predictix is helping retailers compete more effectively with solutions that challenge the status quo in retail technology.

For example, the Merchants and Assortment Planning teams at one STORES Top 10 retailer had very different needs for both deciding product/store eligibility for future merchandise seasons, as well as managing the current assortments week-to-week in-season. The retailer had large sets of SKUs/stores to manage but also wanted to give their stores input in their assortment decisions. The retailer selected Predictix as the only vendor that was able to provide a single solution to recommend actions in-season to maximize current assortment performance, while also offering end-to-end pre-season assortment planning.

In another case, a Tier 1 specialty retailer needed to improve its localized assortments and increase inventory turns, encompassing core products, as well as, highly seasonal merchandise with a well-defined selling period. Predictix was able to meet the retailer's precise needs with Predictix Financial Planning, Assortment Planning and Item Planning solutions that can adapt to a complex business model that includes distinct needs across each of the retailer's channels, brands and geographies.

"Predictix is proud to work with some of the most successful and innovative retailers in the industry, and to deliver differentiated solutions that can't be found with any other technology provider," said John Simon, CEO, Predictix. "Predictix dares to think differently, and we look forward to expanding the breadth and capabilities of our solutions even further in 2013 and to helping our Predictix clients compete even more effectively."

About Predictix

Predictix empowers retailers and brands to drive competitive advantage and market differentiation through innovative planning, merchandising and supply-chain solutions. The Predictix Adaptive Platform for Intelligent Decisions™ leverages Big Data, sophisticated predictive analytics, the latest high-performance retail science, and the unlimited elasticity and computing power of the cloud. Our unified decision support platform quickly enables retailers to gain real-time, accurate insights that shape better decisions, improve agility, and reduce risk.

Predictix transforms the way decisions are made – allowing retailers to create market differentiation and outperform the competition. Learn more at www.predictix.com.

1 McKinsey Quarterly, "Are you ready for the era of ‘big data’?," October 2011

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.