20 Most Promising Retail Solution Providers – 2018
The retail industry is one of the most profitable industries in the world, flocking its way through success year on year. All thanks to the never-ending desire for ‘retail therapy’ among customers. The rise of new players in the market has resulted in a radical shift in the mindset of this sector from ‘caveat emptor (buyers beware)’ to ‘caveat venditor (sellers beware)’.
Personalization is one of retail industry trends that have been on the rise since 2017. The growing demand of customers to own and experience things that are unique has fueled this trend. Modern customers are placing more value on experiences over physical items or commodities. When shoppers purchase tangible products they want those items to either tell a story, fit into their lifestyle, be unique or all of the above. Data’s role in retail decision-making will rise, especially as technologies like Big data and machine learning continue to mature. Using useful customer data for sales, marketing, and after-sales services will be among the widely seen retail industry trends in 2018. Moreover, retailers need solutions that provide scalability to cater to specific events such as cyber sales or discount sales and peak season. Cloud native solutions based on Micro-services based architecture help in dynamically scaling solutions during such events. In addition, solutions on the cloud also lend the right support and agility in retail footprint expansion or setting up new stores.
What matters most now is to stay relevant through intelligent application of technology to your business. However, to begin with one must first narrow down on a solution provider besides the fact that one must also look after their core business and not go hunting for the suitable vendor. Understanding this quadrant’s dilemma of search for the best of retail solution vendors, we at CIOReview India present to you a list of “20 Most Promising Retail Solution Providers”. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts and CIOReview editorial board, we believe that these companies have the capability to impact the retail environment with every new style, product and season.
We present to you CIOTechOutlook 20 Most Promising Retail Solution Providers – 2018.
Top Retail Solution Providers –
|Company Name||Company Description|
|Benseron||Offers cloud-based point-of-sale systems (POS), merchant services, online ordering to the restaurant, retail and business community.|
|Capillary Technologies||Integrates Artificial Intelligence & Machine Learning to build technology solutions for connected cross-channel commerce experiences.|
|CitiXsys Tech Solutions||Core competency lies in retail management, BI, POS, customer loyalty,omnichannel, eCommerce, mPOS, inventory management, retail analytics, and ERP integration|
|CybateSoft||Avails retail focused solutions enclosing Digital Marketing, E-commerce websites, ERP applications, and Mobile & Web Applications.|
|Ginesys||Delivers a complete suite of solution that includes procurement, production, inventory, retail management, POS, data analytics, finance and e-commerce integration.|
|GoFrugal Technologies||Enables solutions for retail billing, inventory tracking, accounting, customer loyalty management, multiple/chain retail store management and eCommerce integration.|
|Hughes Systique Corporation||Develops a suite of components that include Data Analytics Portal, POS & mobile payments for retail technology vendors and retailers.|
|INFINIA Retail||Providers cloud based platform for SMB retailers with a mobile iPad/Android POS, merchandise management, accounting and integrated online shop.|
|JDA Software||Renders solutions for category management, warehouse management, Retail planning, merchandise & store operations and pricing & revenue management.|
|LOGIC ERP Solutions||Avails solutions for in-store operations management, retail POS software, CRM/loyalty management, and omni channel retail.|
|Omnisling||Offers Point of Sale applications for mobile & tablets, e-commerce, mobile commerce and market place integration.|
|Openbravo||A provider of cloud POS & retail management software solution for agile and omnichannel retailing.|
|PEDDLE PLUS||The portfolio caters inventory with bar-coding, POS, warehousing & CRM, stock verification & adjustment, financial accounting, stock transfer & MIS, and multi chain management.|
|PMC||Facilitates retail IT & consulting services and solutions such as cloud-based cash management system, in-store mobile solution etc.|
|Purple Pi||Leverages mobile & display technology to provide App and web based retailing solutions.|
|Tejas Software||An eCommerce systems integrator for B2C & B2B retailers, manufacturers and brands.|
|TXT Retail||A provider of end-to-end merchandise lifecycle management solutions for Luxury, Fashion and specialty retail sectors.|
|Tyco Retail Solutions||Expertise revolves around loss prevention, traffic intelligence, inventory intelligence, safety & security, and store performance solutions.|
|Vinculum Solutions||A software company enabling eCommerce & Retail ecosystem with SaaS-based products for multi-channel order management and fulfilment.|
|zOrder Technologies||Specializes in POS software, accounts & inventory software, CRM, HR software,and cloud computing.|