Top Retail Analytics Solutions Companies - analytics Companies

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Vision Group Inc.: The Essential Tools to Measure Retail Performance

Top 10 Retail Analytics Solutions Companies - 2022

Advancements in data analytics are taking the retail industry by storm. From predictive insights and analytics using big data to inventory management with IoT applications, retail analytics is scaling new heights to help retailers make profitable purchasing and business decisions. In the wake of these trends, the global retail analytics market size is estimated to reach $11.1 billion by 2025, at a CAGR of 21.2 percent.

Among the factors driving this market growth, Internet of Things (IoT) technology plays an indispensable role. IoT-enabled devices consist of sensors that monitor and track data transmitted to an array of connected devices like smartphones, POS systems, and security systems to provide visibility to retailers in monitoring and tracking product movement and location. Through continuous monitoring of warehouse shelves, IoT devices relay real-time inventory data to the management system and ensure retailers with effective inventory management. IoT also helps retailers build dynamic pricing and labeling based on the items’ popularity and expiration dates. Through IoT analytics tools, retailers gain actionable insights that help them make sound business decisions and forecast future events.

To put the spotlight on such developments in the industry, Retail Tech Insights illustrates how retail analytics solution providers are leveraging the latest developments to enhance retail performance. The edition also features thought leadership articles from Sean MacCarthy, Executive Director Global Analytics and Store Segmentation, Claire’s, Inc., Ken Collins, Director, Information Security at Sunbelt Rentals, and Leah Balter, Chief Information Officer, Bunnings, who shed light on various trends in the retail analytics industry, including key developments in digital transformation, e-commerce, supply chain, and analytics agility.

In this edition of Retail Tech Insights, we also bring to you the story of some of the top retail analytics solutions providers that deliver the best outcomes for their clients. The list comprises Vision Group Inc., offering innovative AI and IoT solutions to digitalize and automate retail operations; Forklift Data, for its robust retail analytics solution for impactful e-commerce growth; and AWAS Solutions, which delivers strategic analytic tools to provide insights into the four key pillars of retail sales: inventory, pricing, merchandising, and shelving.

Through the following pages, we aim to shine a light on the innovative trends and latest developments in the retail analytics industry. We would like to know your thoughts.

    Top Retail Analytics Solutions Companies

  • Vision Group Inc. Inc is a leading technology company that helps digitize brick-and-mortar stores using AI and IoT technology. Its solutions allow customers to design the perfect store, optimize category management execution, and track customer behavior.

    visiongroupretail.com

  • IgniteIQ is a dynamic dashboard solution, offered by AWAS Solutions, that provides deep insight into the ‘four pillars’ of retail sales - inventory, pricing, merchandising, and shelving.

    awassolutions.com

  • Everseen is working with global retailers to transform the entire retail experience, from checkout to the shop floor and backroom, and all the way up the supply chain to the warehouse. The company’s visual AI mitigates loss and protects a combined value of more than $400 billion in customer assets.

    everseen.com

  • Forklift Data specializes in retail operations and analytics. The services they provide their clients with are mainly focused on supply chain, financial planning, reporting, inventory management, and assortment analytics with the ultimate goal of improving the bottom line and day-to-day operations.

    forklift-data.com

  • ALTO

    ALTO

    ALTO is an innovative international solution provider bringing proven asset protection and risk management programs to the North American marketplace. helps reduce crime and other disruptions to the retail environment. This makes employees and customers feel safer when working or shopping in local stores.

  • Appriss Retail

    Appriss Retail

    Appriss Retail transforms ecommerce and omnichannel consumer interactions by providing real-time, actionable recommendations that reduce fraud, drive efficiency, and maximize profitability. The company’s AI-driven, SaaS platform generates analytical insights and recommendations by applying proprietary models developed from the collective intelligence of more than 75 billion aggregated transactions to a retailer’s own data.

  • Edge by Ascential

    Edge by Ascential

    Edge by Ascential delivers some of the industry’s most accurate and actionable sales-driving data, insights, and advisory solutions for global brands looking to win in today’s ecommerce-driven world. Their solutions enable the world’s top brands to implement strategies that maximize revenue growth, optimize product listings, and increase sales faster than the category and the competition.

  • inReality

    inReality

    inReality is a software platform that fuels smart, integrated solutions for venues, DOOH and Safe Spaces. They do it by integrating disparate IoT sensor data into one simple platform that produces critical KPIs, reporting and enterprise management, but without the complexity or limitations of multiple systems.

  • Obase

    Obase

    Obase provides Pre-Packaged analytical solutions for Retail, Telco and Airlines. Partnering with leading technology providers, develops value-added, repeatable, industry-specific analytical solutions, especially in the Retail, Telecommunications and Airline industries and contributes to accurate decision making, based on data and forecasts.

  • SupplyPike

    SupplyPike

    SupplyPike enables clients to grow their retail business without frustration. With the company’s help, clients can fight deductions, meet OTIF goals, and maximize cash flow in the built-for-you platform, powered by machine learning capabilities.

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