20 Most Promising Retail Software Companies - 2015

20 Most Promising Retail Software Companies - 2015

According to a Reuters report, analysts have forecasted that the Global Retail Software market will grow at a CAGR of over 4 percent till 2018. The growth of this market is driven by several factors like the increase in demand for improved customer interaction. Retailers spend a considerable amount on IT solutions to provide customers with various facilities that enable them to manage their activities conveniently, regardless of their location. Another important driver is technological differentiation because of intense competition.  

The key challenge faced by retailers today is the lack of data security in IT systems; they are struggling to provide customers with a secure platform for transactions. Moreover, to deploy a real-time retail model across all channels to enhance the customer experience, retailers look for software vendors who can play a proactive role in realizing their vision. Retailers need to create a single, unified commerce platform which can eliminate individual channel silos and offer a holistic customer experience across all customer touch-points. However, it is difficult for the retailers to find a partner who can help them address all the issues of data management, inventory visibility and technology innovation with one end-to-end solution.

To assist retailers in selecting the most suitable retail software company for them, CIOReview has come up with a list of “20 Most Promising Retail Software Companies”. These companies have prepared for the fact that their applications can achieve penetration in this market. A distinguished panel comprising of CEOs, CIOs, industry analysts and CIOReview editorial team scrutinized various companies before finalizing the Top 20 names.

We present to you CIOTechOutlook 20 Most Promising Retail Software Companies - 2015.

Company Name Company Description
Capillary Technologies A provider of Retail CRM, Retail Analytics, Campaign Management and Customer Engagement Solutions
Channel Play A provider of Visual Merchandising, Mystery Shopping, Market Research, Retail Audits, Sales Management, Training and Loyalty Programs
CitiXsys A provider of Retail Management solution, Mobility Solutions (Mobile POS), Integrated eCommerce solution and other solutions.
Discover Dollar Technologies A provider of solutions for pricing errors, missed discounts and allowances, duplicate payments, miscalculated promo incomes and rebates etc.
Dynamic Verticals A provider of the LS Retail suite of solutions, Cenium, Miracle, AGR and Handpoint product solutions
Enterprise Business Technologies A provider of Web Development, Enterprise Resource Planning Systems, Point of Sale Systems, Fixed Assets Management, Financial Accounting and Manufacturing systems for retails.
Ginesys A provider of web solutions and integrated retail solution and other solutions for the retail sector
GoFrugal Technologies A provider of end-to-end business automation solution for Retail and Supply Chain business needs of independent and chain retailers
Intouch Consumer Care Solutions A provider of end-to-end platform for seamless Omni-channel shopping experience
Island Pacific India A provider of merchandising and store operation software solutions for the retail industry globally
Marg Compusoft A provider of Point Of Sale Software, Inventory & Accounting Software for Retail, Distribution and Manufacturers
Pathfinder Enterprise Solutions A provider of retail software products and solutions, and retail intelligence advisory services
RanceLab A provider of Retail Software, Barcode & POS Hardware, Restaurant Software and Retail Business Consultancy
Retailware Softech A provider of retail solutions for traditional as well as upcoming modern SME retailers
Software Paradigms International Group A provider of Retail IT solutions across the retail value chain to address OmniChannel challenges
Uniprotech A provider of IT solutions for retail business , Saas and sales mangement solutions for retailers
Vanuston Intelligence A provider of Retail POS & Billing software, Skill Assessment zsoftware, Recruitment Software and other solutions
Vinculum Solutions A provider of multi channel fulfilment software products and niche domain services for eCommerce and brick n mortar retailers
Wintuit Minds A provider of consulting on Retail, Implementation of Retail application, product development, Application maintenance and remote offshore accounting outsourcing service
Wondersoft A provider of Omni channel capability, SAAS , ERP Integration, mobile apps, Retail software and POS software