Predictix Closes Out 2014 With New Global Client Wins For Its Cloud-Native, Retail Analytics Solutions

Predictix recently announced continued company momentum in 2014 through a number of wins with leading U.S. and international retailers as well as expanded relationships with its existing customers. 

New client wins include the following:

• Kiabi, a leading French apparel retailer with more than 400 stores throughout Europe, selected Predictix to implement a unified suite of merchandising and supply chain optimization solutions that incorporate advanced machine learning. 
• A Top 10 U.S. retailer has selected and is implementing Predictix Assortment Planning applications.
• One of the top 10 grocers in the U.S. is implementing Predictix Forecasting and Demand Planning applications.

In addition, existing customers continue to expand their investments in Predictix solutions. As a result, Predictix now provides solutions to retailers representing over $300 billion in retail revenue and more than 15,000 stores in the United States, Europe and Asia.

Predictix is the foremost provider of predictive and prescriptive analytics solutions for retail. Predictix applications harness cloud-native technology, Big Data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising and supply chain. In its “Magic Quadrant for Merchandise Assortment Management Applications,”  Gartner positioned Predictix as the highest on the ability to execute axis and furthest along the completeness of vision axis in the Challengers Quadrant.

Predictix’ momentum is further fueled by a $15M investment in late 2014, led by Marlin Equity Partners and including Kinetic Ventures and ITC Holding Company. The financing will support the company’s strategic growth plans to continue driving substantial revenue and margin improvements for the world’s leading retailers.

“Predictix brings an incredible amount of momentum into this year’s NRF Show,” said Molham Aref, CEO of Predictix. “Our executive leadership and world-class science and technology teams are constantly innovating our core retail applications and analytic models, allowing us to deliver solutions that drive sizable profit and revenue growth for the world’s leading retailers.” 

To learn more about Predictix’ full suite of cloud-native analytic solutions, including advanced machine learning, visit Predictix booth #3569 at the NRF Big Show, Jan. 11-13, 2015. To schedule an appointment at the show, please emailnrf@predictix.com.

About Predictix
Predictix solutions are helping retailers representing over $300 billion in retail revenue and more than 15,000 stores make better decisions. We’re the foremost provider of retail predictive and prescriptive analytics solutions. Powered by the LogicBlox Smart Database, a hybrid transaction/analytical processing (HTAP) database, we harness cloud-native technology, Big Data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising and supply chain. The results are changing the way leading retailers do business. For more information, visit www.predictix.com.