Home / Knowledge / News / Information Technology / Epicor launches retail business intelligence solution
Epicor launches retail business intelligence solution
Jan '10
Epicor Software Corporation, a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, announced the newest version of its retail Business Intelligence (BI) solution, Epicor Retail Business Intelligence 2.0, which provides new and enhanced features to help retailers gain critical and timely business insight to gauge and improve execution and assist in enterprise decision-making.

In addition to a new enhanced user interface that supports streamlined and intuitive information access, new features include an extended data model encompassing a broader range of retail operations across the enterprise.

Additionally, Epicor Retail BI 2.0 now supports the ability to integrate customer-defined external data elements. With this capability, retailers can further extend their data model, enabling them to access and analyze critical information and gauge performance across a broad range of data streams.

Epicor Retail BI 2.0 features a sophisticated retail data model powered by Microsoft business intelligence (BI) tools. Using a data warehouse and cube optimized for queries, the solution supports custom reporting with automatic drill downs, rich analysis capabilities, dashboards to monitor critical business metrics, plus a variety of direct action tools.

"The new features in our Epicor Business Intelligence 2.0 solution gives retailers greater insight across retail operations for improved management and business execution," said David Henning, executive vice president and general manager for Epicor Retail. "The expanded functionality gives retailers the ability to react to changing market conditions, identify customer segments and improve purchasing, forecasting and profitability while optimizing overall store performance."

"Business intelligence is absolutely essential given the current state of the economy, and retailers operating on very thin margins cannot afford wrong guesses about trends and customer needs -- all of which can have an immediate and devastating impact on profits and even viability," said Sahir Anand, retail research director at Aberdeen Group. "In addition to making better buying and merchandising decisions, access to business intelligence can help retailers be more strategic in areas such as store layout. For example, by understanding how product affinities work and applying the rules of suggestive selling, retailers can place low-selling products next to a related product that is a strong seller to increase their conversion rates and optimize sales. Retailers can also reduce labor costs by ensuring that more employees are on the floor during busy times and less during slower periods."

"Retailers today will benefit from the ability to integrate disparate 'silos' and unlock value by connecting systems that drive new efficiencies and accelerate innovation across global distribution and services networks," said David Gruehn, U.S. retailindustry solutions director, Microsoft Corp. "By bringing to the marketplace an integrated and interoperable solution that provides single-version visibility, manageability and usability of a retailer's data, the Epicor Retail BI 2.0 solution empowers retailers to make better business decisions and drive improved performance throughout the organization, using the familiar Microsoft Office interfaces they work with everyday."

Must ReadView All

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Courtesy: Trupik

Apparel/Garments | On 24th Oct 2016

Virtual 3D fitting rooms revolutionising online shopping

Virtual fitting rooms meant to bridge the gap between e-commerce...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Lynda Kelly
Suominen Corporation

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search