Top Retail Analytics Solution Companies - analytics Companies

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The NPD Group : Helping Retailers Measure, Predict, and Improve Business

Top 10 Retail Analytics Solution Companies – 2021

As the coronavirus pandemic spread across the globe, it has substantially impacted consumer behavior, product demand, and logistical services availability. So, store owners are turning to retail analytics to analyze risks and devise appropriate re-opening strategies. Several significant retail analytics firms are working on the creation of unique solutions to attract a broader customer base and increase their market position. The rapidly increasing eCommerce sector has significantly pushed merchants to use advanced analytical solutions to improve supply chain efficiency and reduce bottlenecks. Large retailers can use supply chain analytics solutions to improve inventory planning and forecasting, optimizing supply chain operations.

Apart from that, with the booming eCommerce and retail industries, cloud-based retail analytics solutions are becoming increasingly popular. They provide merchants with on-demand computing capability to manage enormous volumes of data and produce actionable insights promptly. Additionally, the rise of big data and predictive analytical models has enabled merchants to forecast future events by integrating data from applications, social media platforms, sensors, and other sources. Advanced analytics solutions are being adopted by the retail industry’s major organizations, which is positively boosting the market growth.

A high predisposition for enterprises is strengthening the market environment for emerging technologies such as artificial intelligence and machine learning in the retail sector for effective supply chain and inventory management solutions and giving a better consumer experience. The retail data analytics solution market is predicted to increase dramatically over time as these technologies progress.

At this moment, there are a variety of retail analytics solution providers entering the market to cater to the different needs of enterprises. To help them choose the solution that best fits their requirement, Retail Tech Insights has compiled a list of the most promising retail analytics solution providers. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you Retail Tech Analytics’, “Top 10 Retail Analytics Solution Providers - 2021.”
 

    Top Retail Analytics Solution Companies

  • The NPD Group

    The NPD Group

    NPD can identify the trends and quantify opportunities through its data and provide thought leadership to make the data actionable for decision making. With more than 55 years of experience, NPD uniquely combines both point-of-sale tracking data from retailers and receipt data from its Checkout omnichannel panel of 150,000 active, engaged buyers who share purchase information with it monthly. This robust data means that the company has the most reliable view of what is selling in the more than 20 industries they serve, plus the buyer analytics that provides insight into what’s happening and what to expect.

    www.npd.com

  • Amplitude

    Amplitude

    Amplitude is the product intelligence platform that helps companies use their customer data to build great product experiences for systematic business growth. Headquartered in San Francisco with offices in New York, London, Paris, Amsterdam, and Singapore, Amplitude is the cross-platform intelligence solution of choice for modern product and growthteams. Amplitude serves over 30,000 teams at companies like Microsoft, Twitter, Adidas, CapitalOne, NBC, Hubspot, and Procter & Gamble

  • Daasity

    Daasity

    Daasity is a Data as a Service company specializing in helping e-commerce companies become data-driven by addressing their data integration, data management, data visualization and data analytics needs

  • Domo

    Domo

    Domo operates a cloud-based platform in the United States. Its platform digitally connects chief executive officer to the front-line employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones. Domo also offers a Programmatic RevenueSolution that brings complex data from ad servers and sell-side platforms into a set of cards and dashboards built on practices in the ad tech industry

  • Grey Suit Retail

    Grey Suit Retail

    Grey Suit Retail provides web design, email marketing, SEO and internet services. Rave Retailer allows customers to control their entire online strategy from one simple dashboard. Websites, Facebook Apps, Email Marketing, GeoMarketing and integrated shopping cart

  • Numerator

    Numerator

    Numerator is a market intelligence firm that brings together omnichannel marketing, merchandising and sales data to make pursuing new possibilities simple for brand, retail and agency clients. Owned by Vista Equity Partners, Numerator is uniquely able to link what people buy to the reasons and influences behind their purchases, combining the powerof the InfoScout OmniPanel, which to-date has captured over 500 million brick-and-mortar and ecommerce purchase receipts, and the advertising, promotion, ecommerce pricing, and digital shelf messaging that influence the path to purchase

  • Planalytics

    Planalytics

    Planalytics is one of the global leader in business weather intelligence helping companies effectively assess and proactively address how the weather impacts their business. Their analytics, online tools and services help companies measure and manage the impact of weather throughout all facets of an organization. They are the pioneers of climate-driven solutions, making it possible for companies to use weather as a metric in their everyday business practices

  • RetailNext

    RetailNext

    RetailNext engages in Applied Big Data for physical retail, delivering real-time analytics that enables retailers, shopping centers, and manufacturers to collect, analyze, and visualize in-store data. The patented solution uses best-in-class video analytics, Wi-Fi detection, Bluetooth, on-shelf sensors, beacons, and data from point-of-sale systemsand other sources to automatically inform retailers about how people engage with their stores. The highly scalable RetailNext platform easily integrates with promotional calendars, staffing systems, and even weather services to analyze how internal and external factors impact customer shopping patterns – providing retailers the ability to identify opportunities for growth, execute changes, and measure success

  • Socilogica

    Socilogica

    Socilogica offers loyalty program management solutions to businesses. Enables businesses to launch custom campaigns and rewards through the campaign designer platform. Customer activity including spending patterns, redemptions history etc. can be viewed on the dashboard. Reports regarding the performance of the campaigns are also provided. Additionally, customized and white-labeled apps can be created for improving customer mobile experience

  • True Fit

    True Fit

    True Fit is also helping to unlock digital growth with its Discovery Engine™, which allows retailers to curate highly personalized collections for each consumer, and its True Insight™ platform provides retailers and brands unparalleled insights to optimize marketing, merchandising and product development. True Fit is led by an experienced team of executives and leaders from the fashion, retail, big data and e-commerce, and is backed by top investors

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