Click here to close now.


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

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.

Latest Stories
As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ability. Many are unable to effectively engage and inspire, creating forward momentum in the direction of desired change. Renowned for its approach to leadership and emphasis on their people, organizations increasingly look to our military for insight into these challenges.
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll sha...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driv...
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
SYS-CON Events announced today that Machkey International Company will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Machkey provides advanced connectivity solutions for just about everyone. Businesses or individuals, Machkey is dedicated to provide high-quality and cost-effective products to meet all your needs.
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Docker is hot. However, as Docker container use spreads into more mature production pipelines, there can be issues about control of Docker images to ensure they are production-ready. Is a promotion-based model appropriate to control and track the flow of Docker images from development to production? In his session at DevOps Summit, Fred Simon, Co-founder and Chief Architect of JFrog, will demonstrate how to implement a promotion model for Docker images using a binary repository, and then show h...
The enterprise is being consumerized, and the consumer is being enterprised. Moore's Law does not matter anymore, the future belongs to business virtualization powered by invisible service architecture, powered by hyperscale and hyperconvergence, and facilitated by vertical streaming and horizontal scaling and consolidation. Both buyers and sellers want instant results, and from paperwork to paperless to mindless is the ultimate goal for any seamless transaction. The sweetest sweet spot in innov...
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
DevOps and Continuous Delivery software provider XebiaLabs has announced it has been selected to join the Amazon Web Services (AWS) DevOps Competency partner program. The program is designed to highlight software vendors like XebiaLabs who have demonstrated technical expertise and proven customer success in DevOps and specialized solution areas like Continuous Delivery. DevOps Competency Partners provide solutions to, or have deep experience working with AWS users and other businesses to help t...
The modern software development landscape consists of best practices and tools that allow teams to deliver software in a near-continuous manner. By adopting a culture of automation, measurement and sharing, the time to ship code has been greatly reduced, allowing for shorter release cycles and quicker feedback from customers and users. Still, with all of these tools and methods, how can teams stay on top of what is taking place across their infrastructure and codebase? Hopping between services a...
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at @DevOpsSummit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Enterprises can achieve rigorous IT security as well as improved DevOps practices and Cloud economics by taking a new, cloud-native approach to application delivery. Because the attack surface for cloud applications is dramatically different than for highly controlled data centers, a disciplined and multi-layered approach that spans all of your processes, staff, vendors and technologies is required. This may sound expensive and time consuming to achieve as you plan how to move selected applicati...