Progressive Grocer Highlights the Importance of Using Predictive Analytics Combined with Prescriptive BI

Progressive Grocer Highlights the Importance of Using Predictive Analytics Combined with Prescriptive BI Waltham, MA – July 10, 2014:  Profitect announces that in July’s issue of Progressive Grocer, an article was published that examines new methodology for improving sales, as highlighted by Weis Markets use of Profitect’s Applications.  Based on an interview with Weis Markets,…

Profitect Adds Ahold USA to Client List

Profitect Adds Ahold USA to Client List Waltham, MA – May 29, 2014: Profitect Inc., the leading pattern seeking analytics provider for the retail industry announced Ahold USA as their newest customer.  Ahold USA selected Profitect because of its ability to identify operational shrink opportunities.  Profitect is rolled out in Ahold’s Giant Landover Division. Profitect’s…

Profitect Announces Motorola Solutions Investment

Profitect Announces Motorola Solutions Investment WALTHAM, Mass. and SCHAUMBURG, Ill. — April 28, 2014 — Profitect, a profit amplification solutions provider, announced today an investment by Motorola Solutions, Inc. (NYSE:MSI) through its strategic investment arm, Motorola Solutions Venture Capital. This investment will be used to further Profitect’s global growth in the world of data analytics….

Profitect releases Queue Analytics solution

Profitect releases Queue Analytics solution Waltham, MA – March, 10, 2014 – Profitect announced today, at FMI’s Asset Protections conference in Jacksonville, FL,  that they will be releasing the Queue Analytics solution as part of its Point of Sale module.  The Queue Analytics solution integrates the store traffic data with Profitect’s predictive analytics.  The integration…

PAZ Fuels Profitability with Latest Offering From Profitect

PAZ Fuels Profitability with Latest Offering From Profitect Roadside retailer capable of leveraging Profit Amplification Application Waltham, MA — January 23 2014 — Profitect announces the upgrade of their longtime customer, PAZ, to the new version 3.2 of their Profit Amplification Suite. Version 3.2 of Profitect’s Profit Amplification solution is a complete technology redesign, focused…

Profitect and i3 announce new analytic automation and intelligent video solution

Profitect and i3 announce new analytic automation and intelligent video solution Waltham, MA — Monday January 13, 2014 — Profitect, a profit amplification solution provider for retail, announces its partnership with i3 International, a leading designer, manufacturer, and supplier of digital video technologies for the retail industry. The partnership, announced at booth #3275 from the…

Profitect Continues to Expand Massachusetts Office

Profitect Continues to Expand Massachusetts Office Profitect planning to hire an additional 20% Waltham, MA — December 5, 2013 — Profitect, an Israeli founded company headquartered in Waltham, MA, announced today the continued expansion of its Massachusetts office. The profit-amplification solution provider for retailers is looking to increase its workforce by at least 20% in…

Joe Zucchero Joins Profitect Board of Advisors

Joe Zucchero Joins Profitect Board of Advisors Waltham, MA —November 12, 2013 —Profitect announced today that Joseph Zucchero has joined the company’sBoard of Advisors. With his expertise in IT operations, cross-organizational implementation, and an understanding of the technology needs of the retail industry,Zucchero provides a unique combination of experience and knowledge that aligns perfectly with…

Deborah Weinswig Joins Profitect as Chief Customer Officer

Deborah Weinswig Joins Profitect as Chief Customer Officer Waltham, MA, Oct. 28, 2013 – Profitect, a global leader in pattern seeking analytic solutions for retail, is pleased to announce the appointment of Deborah Weinswig to Chief Customer Officer. Reporting directly to the CEO, Deborah will be responsible for ensuring Profitect customers achieve the metrics that…