Home / Knowledge / News / Information Technology / Predictix launches retail's first SaaS suite
Predictix launches retail's first SaaS suite
09
Apr '09
Predictix announced the official launch of its consumer-centric merchandising solution suite, bringing disruptive innovation to the world of traditional merchandising software. Predictix delivers enterprise-class applications and superior performance without the drawbacks of competing solutions. The Predictix suite is delivered in a Software-as-a-Service (SaaS) subscription model that is up and running quickly and requires no up-front license payments, software installations, hardware purchases, or long-term commitments.

Predictix designed and continually enhances its products to help retailers and brands make better business decisions, from choosing the right merchandise assortment for each store to strategically pricing, promoting, and replenishing products. Breaking with the traditional model of enterprise software, Predictix's SaaS model shifts risks from the client to the software vendor, with no large up-front license payments or long-term contracts.

“Our clients must earn their customers' business every day, which is why we set up Predictix the same way,” said Molham Aref, CEO, Predictix. “They know they're getting our best effort 100 percent of the time, because if we don't deliver value or constantly improve our solutions, they can simply walk away.”

“Predictix is a real game changer for the retail software industry, giving merchandisers the advanced tools they need, combined with the unique flexibility, speed to value, and no-risk proposition of its SaaS model,” said John Buchanan, Chairman of the Board, Predictix and former CEO and Chairman, Retek (now Oracle Retail). “This technology and business model would be disruptive in any market – in the toughest market in memory, however, Predictix is turning the retail software industry on its ear.”

While the old-model merchandising software companies are built on technology that is 10 to 20 years old, Predictix solutions were built from the ground-up by some of the retail industry's leading technologists and domain experts. They understand that, for merchandising tools to provide real value, they must combine comprehensive functionality with outstanding ease-of-use. Predictix has already garnered multiple client successes in the United States and Europe, including apparel retailers, a global apparel brand, a leading grocer, and a global consumer electronics retailer.

The Predictix Consumer-centric Merchandising suite includes the following:
Planning + Allocation. Predictix Planning + Allocation consists of highly interactive web-based modules that include all of the features that planners need on a daily basis, and add powerful features such as dynamic hierarchies, dimensions and clustering, and built-in flexible reporting and analysis. More comprehensive and yet more easily accessible than any solution on the market, Predictix Planning + Allocation includes modules for strategic planning, merchandise financial planning, item planning, space management, assortment optimization, and more.

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search