-
News - December 4, 2018
RIS News: Understanding Gen Z Habits to Help Boost Sales
Every year retailers spend hours planning campaigns to effectively market holiday sales to different consumer age groups. However, this year retailers are spending a little extra time focusing on Generation Z shoppers. Generation Z (Gen Z), the newest emerging consumer group born after the mid-1990s through the early 2000s, is set to reach 2.6 billion […]
Read More -
News - December 4, 2018
Chain Store Age: Commentary: A Closer Look at Gen Z
Generation Z (Gen Z) is the newest emerging consumer group, born after the mid-1990s through the early 2000s, these consumers are quickly reaching the age of substantive disposable income. According to a Bloomberg analysis of United Nations data, Gen Z will comprise 32% of the global population of 7.7 billion by 2019. This means […]
Read More -
News - November 29, 2018
Retail Customer Experience: Gen Z retail associates will impact industry, claims report
Gen Z retail store associates will drive adoption of digital solutions within the retail enterprise, given the increasing numbers working in the industry. Nearly 50 percent of today’s Gen Zers are working in retail, according to a Profitect survey, and 65 percent believe antiquated processes in task management and …[Read More]
Read More -
News - November 28, 2018
Money Inc: Debunking Misconceptions of Prescriptive Analytics
Many organizations realize they want a better understanding of their data and have identified the need to implement advanced analytic approaches. They have built beautiful dashboard visualizations and hired large teams of data scientists (many with Ph. D.’s and commanding high salaries) to gain the insight they lack. However, what is often forgotten are the […]
Read More -
News - November 21, 2018
Forbes: Pragmatic AI For Retail: An Introduction
Across many industries, innovators are looking at machine learning as a solution for bringing their organization to the next level of productivity. Retail is no different. Many organizations have already adopted machine learning and artificial intelligence solutions and are reaping the rewards. In my experience working with retail companies, those that have implemented AI solutions have […]
Read More -
News - October 23, 2018
Retail Touchpoints: How Retailers Can Make The Most Of “America’s Hottest Job”
Bloomberg recently declared the data scientist to be “America’s Hottest Job,” citing a national trend of employing those with a master’s degree in applied statistics or similar training by leading companies such as Airbnb and Uber. This hiring trend is driven by company leaders who realize the importance of capturing, understanding and learning from the […]
Read More -
News - October 17, 2018
Retail Leader: Gen Z to redesign holiday expectations
October 17, 2018 Retailers are trying to get a headstart with their holiday hiring strategy, but not all the available positions will likely be filled. However, according to a new survey done by Profitect, Gen Zers, aged 18-22, are already taking the retail industry processes by storm as both consumers and employees. The exclusive survey […]
Read More -
Press Releases - October 17, 2018
New Nationwide Consumer Survey Finds Gen Zers Will Redesign Expectations in Today’s Retail Workforce
Almost 50% of Gen Zers Already Working in Retail and Two-Thirds of this Digitally-Savvy Generation Crave New Solutions for Task Management and Reporting BURLINGTON, MA – October 17, 2018 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced new results from its survey of more than 1,000 U.S. […]
Read More -
News - October 5, 2018
Cultivating Your Tech Team’s Morale: 10 Ways To Motivate And Inspire Happiness
October 5, 2018 Motivating, engaging and improving team happiness are all goals of any good team manager. Low team morale can kill inspiration and creativity, as well as lead to poor performance. Meanwhile, higher morale and overall team happiness can lead to highly beneficial results. For example, a recent economics study at the University of […]
Read More -
Press Releases - October 3, 2018
Profitect’s Annual User Conference, PACT 2018 Commences in Hilton Head, South Carolina
Prescriptive Analytics Collaborative Training (PACT) Conference Brings Senior Retail Executives Together BURLINGTON, MA – October 3, 2018 — Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industries, today announced the launch of it’s annual user conference, Profitect PACT (Prescriptive Analytics Collaborative Training) conference. The user conference is taking place at the […]
Read More -
News - September 19, 2018
Drug Store News: Study: Younger Shoppers Prefer Brick-and-Mortar Stores
September 19, 2018 The majority of Gen Z shoppers prefer to do their shopping in brick-and-mortar stores — especially when the locations are convenient. According to a survey of Gen Z shoppers (aged 18 to 22) by prescriptive analytics provider Profitect, 42% of respondents prefer to shop in-stores versus online. A further 34% prefer to […]
Read More -
News - September 19, 2018
Chain Store Age: Study: Gen Z Shoppers Like Physical Stores
September 19, 2018 The majority of Gen Z shoppers prefer to do their shopping in brick-and-mortar stores— especially when the locations are convenient. Study: Gen Z craves ‘novelty’ and experience According to a survey of Gen Z shoppers (aged 18 to 22) by prescriptive analytics provider Profitect, 42% of respondents prefer to shop in-stores vs […]
Read More -
News - September 18, 2018
Retail Leader: Here’s What Retailers Should Know About Gen Z
September 18, 2018 Generation Z is here to show that brick-and-mortar may indeed have a future, while also emphasizing the importance of retailers’ omnichannel execution. A recent study released by Profitect reveals that 76 percent of Generation Z (Gen Z) shoppers picked in-store as their top shopping destination. The survey of more than 1,000 U.S. […]
Read More -
News - September 18, 2018
NY Daily News: Gen Z Won’t Kill Brick-and-Mortar, New Surveys Say
September 18, 2018 If millennials are killing brick-and-mortar stores, then their successors might save it, according to new surveys that say some young shoppers actually like to shop in person. A survey from analytics firm Profitect Inc. said about 42 percent of shoppers age 18-22 (the post-millennial age group) prefer to shop in-store versus online. […]
Read More -
News - September 18, 2018
HomeWorld Business: Survey: Generation Z Consumers Enjoy In-Store Advantages
September 18, 2018 Profitect, a prescriptive analytics provider for the retail and consumer packaged goods industry, reported that, in a survey of Generation Z shoppers ages 18 to 22, 42% of respondents prefer to shop in-store versus online. A further 34% indicated that they prefer to shop in-store and online equally, while only 23% said […]
Read More -
News - September 18, 2018
RetailDive: Seventy-Six Percent of Gen Z Shoppers Pick Stores as Shopping Destination
September 18, 2018 New Survey Explores Shopping Preferences of U.S. Consumers, Ages 18-22 BURLINGTON, MA – September 18, 2018 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the results of a new survey of more than 1,000 U.S. Generation Z (Gen Z) shoppers aged 18-22. The results […]
Read More -
Press Releases - September 18, 2018
Seventy-Six Percent of Gen Z Shoppers Pick Stores as Shopping Destination
New Survey Explores Shopping Preferences of U.S. Consumers, Ages 18-22 BURLINGTON, MA – September 18, 2018 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the results of a new survey of more than 1,000 U.S. Generation Z (Gen Z) shoppers aged 18-22. The results indicated that 42 […]
Read More -
News - September 18, 2018
Orlando Sentinel: Gen Z Won’t Kill Brick-and-Mortar, New Surveys Say
September 18, 2018 If millennials are killing brick-and-mortar stores, then their successors might save it, according to new surveys that say some young shoppers actually like to shop in person. A survey from analytics firm Profitect Inc. said about 42 percent of shoppers age 18-22 (the post-millennial age group) prefer to shop in-store versus online. […]
Read More -
Press Releases - September 13, 2018
Profitect to Present at The 12th Annual New England Loss Prevention Expo
Kelli Woelfel, VP of Industry Solutions to Discuss Prescriptive Analytics Benefits at Leading Asset Protection Conference September 13, 2018 — (Burlington, MA) Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced that Kelli Woelfel, VP of Industry Solutions will present a keynote session at 2:30 pm ET today at The New England […]
Read More -
News - August 31, 2018
Understanding Keys to AI Vendor Selection, Deployment
August 31, 2018 The world of artificial intelligence is frightening. No, not the danger of an army of AI-powered robots taking over the world (though that is a bit concerning). The real fear is that the wrong vendor is chosen or the rollout handled poorly. After all, AI is complex, not fully mature, in some cases […]
Read More -
Press Releases - August 29, 2018
The Loss Prevention Foundation (LPF) Announces Profitect as Newest Bachelor Level Partner
Profitect, the Leader in Prescriptive Analytics, Supports the LPF by Advancing Sponsorship Matthews, NC, August 29, 2018 – The Loss Prevention Foundation (LPF) today announced that Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, is its newest Bachelor level scholarship partner. As a Bachelor sponsor, Profitect is awarding numerous certification […]
Read More -
News - August 10, 2018
Profitect CEO: Build Tech With Speed And Simplicity In Mind
August 10, 2018 Throughout his career, Guy Yehiav, CEO of Profitect, a prescriptive analytics software company based in Burlington, Mass., has learned two vital strategies when implementing large-scale tech projects. One—move fast. “When you implement something for six to nine months, a lot of things happen. People move their career onwards and upwards, and they […]
Read More -
News - August 7, 2018
Prescriptive Analytics Ushers in a New Era of Supply Chain Optimization
August 7, 2018: Supply chain digitization has escalated quickly as enterprises seek a better way to manage the huge volumes of data now associated with procurement, production and distribution. Supply chain executives have always tried to maximize their profitable operations, first locally within the manufacturing plant to minimize batch cost, and later linking it to […]
Read More -
Amazon News - July 18, 2018
Amazon’s Prime Day Rolls On Despite Technology Let Down
July 18, 2018: Now in its fourth year, the big news out of Amazon’s annual Prime Day event has taken a drastic shift. Traditionally, the days following the massive flash sale is filled with reports highlighting Amazon’s latest record-breaking sales numbers, but this year the back-patting narratives have taken a negative spin. The seemingly bulletproof […]
Read More -
News - July 16, 2018
Helping Retailers Stay Ahead By Gauging Sentiment
July 16, 2018: Online brand and product reviews today are an important part of the retailer-shopper relationship. As more consumers take to the Internet and social media to share their retail experiences and feedback, retailers must be keenly aware of how reviews impact brand reputation, risk and even their bottom line. Given this impact, reviews […]
Read More -
News - July 2, 2018
Loss Prevention Magazine: Using Analytics to Maximize On-Shelf Availability and Supply-Chain Processes
June 2018: Using Analytics to Maximize On-Shelf Availability and Supply-Chain Processes
Read More -
News - June 18, 2018
Supply Chain World: Looking Inside
June 18, 2018: It can’t be denied – supply chain digitization has escalated quickly over the last 30 years as enterprises needed a better way to manage the amount of data coming through their doors. With the increased availability of analytical solutions and the adoption of machine learning capabilities, looking inside consumer packaged goods and […]
Read More -
NRF Protect 2018 Press Releases - June 11, 2018
Profitect and Leading Beauty Retailer Present at NRF Protect 2018 Conference in Dallas
Session to Focus on Combined Efforts of Finance & Loss Prevention for Success in Today’s Retail Market BURLINGTON, MA – June 11, 2018 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the company will be presenting alongside one of their leading beauty retail customers at NRF Protect […]
Read More -
Press Releases - June 6, 2018
Profitect Presents Prescriptive Analytics Successes at Rethinking Commerce Summit
BURLINGTON, MA – June 6, 2018 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the company will be presenting at the Rethinking Commerce Summit 2018 in Tel Aviv, Israel. Profitect Managing Director of EMEA Yonatan Olsha will keynote “Prescriptive Analytics for Retail” at 12:40 pm on June […]
Read More -
News - June 6, 2018
Retail TouchPoints: 3 AI Success Stories: Tips From Overstock.com, Finish Line And H&M
June 6, 2018: An expanding group of retailers are implementing AI solutions to solve specific operational problems, from merchandising and marketing to promotions and pricing. AI’s growth reflects this — the technology’s market within retail is projected to reach $27.2 billion by 2025. Retailers are tapping AI to drive sales and anticipate demand (50%); understand consumer […]
Read More -
News WWD - June 4, 2018
WWD: Buried in Data? Prescriptive Analytics Helps Fashion Retailers Sift Through the Numbers
June 4, 2018: In today’s consumer-centric retail and fashionmarket, data is king. And retailers and brands generate a lot of it. From sku-level product information to point of sale data, the numbers can help inform pricing and merchandising strategies. But sorting through mountains of data and daily reports can strain retailers and brands, and pull them from doing […]
Read More -
News - June 4, 2018
Venture Fizz: Summer Reading – Boston Tech Shares What They Are Reading (Part 1: Business/Entrepreneur Books)
June 4, 2018: Summer Reading – Boston Tech Shares What They Are Reading (Part 1: Business/Entrepreneur Books)
Read More -
News - May 30, 2018
Progressive Grocer: Doubling Down on Data
May 2018: In today’s world of grocery, retailers are no longer the ones calling the shots — consumers are. And more than ever before, they want a closer relationship with the stores they shop. This reality is especially true in the grocery business. According to the “2018 Private Brand intelligence report,” from stamford, conn.-based branding […]
Read More -
Press Releases - May 16, 2018
Retail Industry Luminary Andrea Weiss Joins Profitect Board of Directors
Weiss Joins a Board of Six Industry Veterans and Innovators Advising the Organization BURLINGTON, MA – May 16, 2018 – Profitect Inc., the leading prescriptive analytics solution provider for the retail and CPG industry, today announced Andrea Weiss has joined its Board of Directors, effective immediately. The appointment of Ms. Weiss expands Profitect’s Board of […]
Read More -
Press Releases RILA AP 2018 - May 8, 2018
Profitect Wins Retailers’ Choice Award for Third Consecutive Year at RILA Retail Conference 2018
Profitect’s Machine Learning Also Wins for Innovation at Leading Retail Event in Orlando BURLINGTON, MA – May 8, 2018 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced its third consecutive win of the Retailers’ Choice Award at the 2018 Retail Industry Leaders Association (RILA) Retail AP Conference. […]
Read More -
Press Releases RILA AP 2018 - April 30, 2018
Profitect to Co-Present on Mobile-First Approach to Total Retail Loss at 2018 RILA Asset Protection (AP) Conference in Orlando
Profitect Contending Finalist for Third Consecutive Year of (R)Tech AP Innovation Award BURLINGTON, MA – April 30, 2018 – Profitect Inc., the leading prescriptive analytics solution provider for the retail and CPG industry, today announced the company will co-present with customer Walgreens at the 2018 RILA AP conference. The presentation, titled, “Walgreens Mobile First Approach […]
Read More -
News - April 16, 2018
Fierce Retail: Q&A—The growth of prescriptive analytics
April 16, 2018: Retailers have been diligently capturing data, but many still struggle with harnessing that information to take needed action. In the past, most retailers turned to business intelligence and reports to help take action. But Guy Yehiav, CEO of prescriptive analytics provider Profitect, says that reports are continuously delivered and employees are spending countless hours […]
Read More -
News - March 16, 2018
Sports Insight Extra: Bob McGee’s podcast with Guy Yehiav
March 16, 2018: Sport’s Insight Extra’s Bob McGee’s podcast with Guy Yehiav
Read More -
Press Releases - February 26, 2018
Profitect and Beauty Supply Customer Present on Supply Chain Success at RILA Retail Supply Chain Conference in Phoenix
Profitect Customer to Detail How the Retailer Has Leveraged Prescriptive Analytics to Drive Supply Chain Efficiency, Monday February 26 at 3:00 pm BURLINGTON, MA – February 26, 2018 – Profitect Inc., the leading prescriptive analytics solution provider for the retail and CPG industry, today announced the company will co-present with customer Ulta Beauty in a […]
Read More -
News - January 28, 2018
Forbes: This Is What The Retail Industry Is Talking About Now
January 28, 2018: In the retail industry, the largest annual exposition is usually the National Retail Federation Big Show that takes place every January in New York. Not withstanding the enormous amount of recent retail store closings, the mood at this year’s just-concluded Big Show was buoyant. Mike Webster, Senior Vice President at Oracle said it straight out, “We’re […]
Read More -
News - January 26, 2018
Forbes: The Top Technology Solutions For Customer Engagement At NRF 2018 Retail’s Big Show
January 26, 2018: The products and services on display are designed to help retailers improve service, awareness, shopper consideration, engagement and the postpurchase experience. Three of the customer engagement solutions on display in the Innovation Lab struck me as especially useful. Profitect has created an analytics platform that provides retailers with real-time data from all areas of […]
Read More -
News - January 22, 2018
RIS News: Guy Yehiav & Kelli Woelfel of Profitect Talk Practical Artificial Intelligence
January 22, 2018: RIS News’ Editorial Director Joe Skorupa talks to Guy Yehiav, CEO & Chairman of the Board, and Kelli Woelfel, Vice President Industry Solutions, both of Profitect, during NRF’s 2018 Big Show in New York. [Read More]
Read More -
News - January 16, 2018
RIS News: Bombogenesis at the 2018 NRF Big Show
January 16, 2018: The weather was not frigid at the 2018 NRF Big Show, but there was a winter cyclone under the roof of the Jacob Javits Convention Center. Coming off a year of booming sales and historic store closings, 35,000 retailers gathered to search for methods to survive and thrive in a time of […]
Read More -
Press Releases - January 15, 2018
ascena retail group, Belk Join Profitect for Executive Panel on Artificial Intelligence, Machine Learning, & Prescriptive Analytics at NRF 2018
Senior Executive Panel Monday at 4:00 pm ET at NRF Expo Hall, Big Ideas Room 4, Level 3 New York, NY (NRF Big Show – Booth #4253) – January 15, 2018 – Profitect Inc., the leading prescriptive analytics provider for retail, wholesale, and CPG, announced that senior executives from customers ascena retail group and Belk […]
Read More -
Press Releases - December 13, 2017
Profitect Holds Celebration for New Headquarters in Burlington, MA Featuring Governor Charlie Baker, Friday, December 15 at 4:00 pm ET
Larger Headquarters to Support Second Consecutive Year of 200%+ YoY Growth BURLINGTON, MA – December 13, 2017 – Profitect Inc., the leading prescriptive analytics provider for retail, wholesale, and the CPG industry, today announced that Governor Charlie Baker will be joining the company in celebrating its new office headquarters on Friday, December 15 at 4:00 […]
Read More -
Press Releases - December 11, 2017
Profitect Voted #1 by Retailers in 2017 RIS Software LeaderBoard
Profitect Secures #1 Rankings in Overall Performance, Total Cost of Operations, and Ease of Installation and Integration BURLINGTON, MA – December 11, 2017 – Profitect Inc., the leading prescriptive analytics provider for retail, wholesale, and the CPG industry, today announced the company achieved several #1 rankings in the recently published RIS 2017 Software LeaderBoard. The […]
Read More -
News - November 30, 2017
STORES: Making Knowledge Powerful: Inventory integration drives loss prevention efforts at DSW
December 2017: Making Knowledge Powerful: Inventory integration drives loss prevention efforts at DSW “Profitect can take very detailed data and express it in layman’s terms for anybody to be able to interpret with those prescriptive actions,” says Jordan Rivchun, director at DSW.
Read More -
Press Releases - September 25, 2017
Profitect and Global Retail Customer Community Come Together to Kick Off Annual User Conference PACT 2017
Profitect Brings Senior Executives of Global Retailers to Fort Lauderdale for Three Days of Education, Networking, and Collaboration September 25-27 WALTHAM, MA – September 25, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the start of the company’s annual user conference, Profitect PACT (Prescriptive Analytics Collaborative […]
Read More -
Press Releases - September 5, 2017
Profitect to Discuss Prescriptive Analytics Success at Goldman Sachs 24th Annual Global Retailing Conference in New York City
Profitect CEO Guy Yehiav to Detail Developments in Machine Learning, Artificial Intelligence, and Retail Trends on Panel Session of Emerging Technology Solutions for Retail on Wednesday September 6 at 3:55 pm ET WALTHAM, MA – September 5, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industries, today announced company […]
Read More -
Press Releases - June 26, 2017
Leading Retailers Make Waves with Prescriptive Analytics at NRF Conference in Washington, DC
Breakout Session to Feature How DSW Leveraged Prescriptive Analytics to Redefine Shrink and Exception Based Reporting (EBR) to Drive Success at Renowned Retail Technology Conference WALTHAM, MA – June 26, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the company will be attending and presenting at […]
Read More -
News - June 19, 2017
IT talent: How to recruit the class of 2017
June 19, 2017: In the ongoing war for tech talent, CIOs want to recruit the next generation of IT professionals – those graduating in the class of 2017 – before they are scooped up by competitors. But now that every company is a technology company and competition is at an all-time high, enterprises have to go much further than […]
Read More -
News - May 8, 2017
RBTE 2017: Asda Reduces Workload Involved in Updating Prices
May 8, 2017: RBTE 2017: Asda reduces workload involved in updating prices
Read More -
Press Releases - May 8, 2017
Profitect to Co-Present with Customer on Prescriptive Analytics at Retail Business Technology Expo 2017 in London
Companies to Discuss Using Data-Driven Strategies to Drive Actions and Results at Renowned European Technology Conference
London (Stand 826) – May 8, 2017: Profitect Inc., the leading prescriptive analytics provider for the retail industry, announced its CEO Guy Yehiav will co-present with customer Asda, a leading UK supermarket retailer, at the Retail Business Technology Expo (RBTE) 2017 today, Monday 8 at 12:35 pm. The session titled, “Prescriptive Analytics, Machine Learning, and the Internet of Things,” will explore how deploying prescriptive analytics can improve profits and drive action-based, data-driven strategies across retail organizations.
Read More -
Press Releases - April 19, 2017
Profitect Wins Retailers’ Choice Award at RILA Retail AP Conference 2017 for Second Consecutive Year
Profitect’s New Predictive Shrink Technology Also Honored for Innovation at Awards Ceremony
WALTHAM, MA – April 19, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail industry, today announced its second consecutive win of the Retailers’ Choice Award at the 2017 RILA Retail AP Conference.
Read More -
Press Releases - April 6, 2017
Profitect to Present Two Sessions During RILA Retail Asset Protection Conference 2017
Two Senior Profitect Executives to Lead Discussions with Retail Leaders on Unlocking the Power of Prescriptive Analytics
WALTHAM, MA – April 6, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail industry, today announced that CEO Guy Yehiav and Vice President of Industry Solutions, Kelli Woelfel, will be speaking at the 2017 RILA Retail Asset Protection Conference, April 9 – 12, 2017, held at the Hyatt Regency New Orelans.
Read More -
Press Releases - April 4, 2017
Profitect Adds Tania Stockbridge to Executive Team as Vice President of Marketing to Support Rapid Double-Digit Growth
Leading Provider of Prescriptive Analytics for Retail & CPG Continues to Advance Senior Management with the Strategic New Hire of Marketing Leader
WALTHAM, MA–April 04, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail/CPG industry, today announced the appointment of Tania Stockbridge as Vice President of Marketing. Stockbridge joins the Profitect team with proven experience in marketing, branding, communications, and growth strategies, as well as a deep background in guiding programs within the retail and technology landscape. She will work closely with the Profitect leadership team to drive revenue, increase brand awareness and success, while educating the market on the critical need for prescriptive analytics.
Read More -
News - March 29, 2017
Finalists Announced 2017 Rtech Asset Protection Innovation Awards
Profitect named as a finalist for the 2017 Rtech Asset Protection Innovation Awards.
Read More -
News - March 21, 2017
Q&A: Profitect’s Guy Yehiav Talks Innovation Awards, Keeping It Simple
Profitect’s CEO Guy Yehiav discusses the Innovation Awards with RILA's Caroline Stec.
Read More -
News - February 22, 2017
Keys To A Successful IoT Strategy
February 22, 2017: Keys To A Successful IoT Strategy
February 24, 2017: How IoT Has Changed in the Past Year
February 27, 2017: Problems Being Solved By IoT
February 28, 2017: Hindrances to IoT’s Success
March 1, 2017: The Future of IoT
March 3, 2017: IoT Skills For Developers
March 6, 2016: Additional IoT Considerations for 2017
Read More -
News - February 8, 2017
What are Prescriptive Analytics? Interview with Profitect
Podcast: What are Prescriptive Analytics? Interview with Profitect
Read More -
News - January 24, 2017
NRF 2017: Personalization, Deep Analytics And Talking Robots
January 24, 2017: NRF 2017: Personalization, Deep Analytics And Talking Robots
Read More -
News - January 19, 2017
Loss Prevention Technology Providers Exhibit at Retail Industry’s BIG Show
January 19, 2017: Loss Prevention Technology Providers Exhibit at Retail Industry’s BIG Show
Read More -
News - January 16, 2017
Turn Useless Reports Into Actionable Data
January 16, 2017: Turn Useless Reports Into Actionable Data
Read More -
Press Releases - January 13, 2017
Profitect Kicks off 2017 with Continued Momentum Heading into NRF Presentation
Over 200% growth in customer portfolio and revenue, alongside 75% increase in staff contributed to a successful 2016
Waltham, MA – January 13, 2017: Profitect Inc., the leading prescriptive analytics provider for the retail industry, today announced growth statistics for 2016, revealing a revenue increase of over 250 percent compared to 2015. This, alongside a reported twofold increase in customer portfolio, mirrors the retail industry’s desire to make better use of their data with actionable analytics solutions. In addition to its already impressive list of clients, Profitect partnered with Ascena Retail Group’s Lane Bryant and Catherines divisions as well as ASDA to give store managers a holistic view of shopper behavior, loss prevention and Internet of Things data management. Profitect’s modules work in tandem to maximize value, offering analytics to operations such as inventory or sales. Customers leveraging additional modules and expanding to new organizations in the business served as a significant driver for 2016’s revenue increase.
Read More -
News - January 12, 2017
The NRF BIG Show 2017: Pre-Show Buzz
January 12, 2017: The NRF BIG Show 2017: Pre-Show Buzz
Read More -
Press Releases - January 10, 2017
Profitect Appoints Art Dirik to Leadership Team as Chief Customer Officer
Leading Provider of Prescriptive Analytics Enhances Commitment to Customer Service and Support with Customer Experience Veteran
WALTHAM, MA – January 10, 2017 – Profitect Inc., the leading prescriptive analytics provider for the retail industry, today announced the appointment of Art Dirik as Chief Customer Officer. Dirik joins the Profitect team with a unique combination and skillset within retail business processes and technology as well as an extensive background in merchandising, shopper analytics, supply chain and information technology. He will work closely with Profitect’s executive team in driving the company’s commitment to customer success.
Read More -
- October 13, 2016
Profitect Expands European Footprint with Strategic New Hire, Yonatan Olsha
The prescriptive analytics leader adds a key position, continuing growth in Europe, solidifying leadership position in the business analytics and reporting industry WALTHAM, MA –October 13, 2016: Profitect Inc., the leading prescriptive analytics provider, today announced the appointment of Yonatan Olsha as the Managing Director of EMEA at Profitect. Adding this position exemplifies Profitect’s commitment […]
Read More -
- July 19, 2016
Profitect Achieves Record Momentum with 241 Percent Revenue Growth
The prescriptive analytics leader continues to dominate the business intelligence and reporting industry through customer, talent acquisition and product recognition WALTHAM, MA – July 19, 2016: Profitect Inc., the leading prescriptive analytics provider, today announced a 241 percent revenue growth year-over-year, demonstrating the increased demand for, and the advancement of, prescriptive analytics. Surpassing market expectations, […]
Read More -
- February 3, 2016
Profitect Strengthens Leadership Team with Addition of Bob Donald
Industry Veteran Joins as Vice President of Engineering Waltham, MA – February 3, 2016: Profitect Inc., the leading prescriptive analytics provider for the retail industry, today announced Bob Donald has joined as Vice President of Engineering as a critical addition to its leadership team in 2016. As Vice President of Engineering, Donald is responsible for the development […]
Read More
Profitect Social
Connect
Follow
SubscribeTweets
#ProfitectCustomer @ultabeauty's physical locations continue to produce strong same-store sales growth with total sales increasing 16.2% to $1.56 billion during the third quarter. Learn more via @RtlLdr: growprof.it/2QvrLUs
