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

Uzbekistan, S Korea to launch textile techno park in Sept

Textiles | On 19th Feb 2018

Uzbekistan, S Korea to launch textile techno park in Sept

Uzbekistan and South Korea plan to launch a modern textile techno...

Hyosung to invest Rs 3,000 cr in Maharashtra spandex unit

Textiles | On 19th Feb 2018

Hyosung to invest Rs 3,000 cr in Maharashtra spandex unit

The largest global spandex producer Hyosung Corporation of South...

Courtesy: VF Corporation

Apparel/Garments | On 19th Feb 2018

VF Corp Q4 revenue climbs 20% to $3.6 billion

The revenue of VF Corporation, a global leader in branded lifestyle...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Lynda Kelly
Suominen Corporation

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

February 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search