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RBTE 2017: Asda reduces workload involved in updating prices

Asda is using data analytics to identify a series of patterns to reduce unnecessary information in its weekly reports. The grocer conducts 95 weekly reports, but is working with software company Profitect to reduce the noise in those documents which are not actioned by the business. “I have a small team of five, and just under 100 pieces of
  • 2 Aug, 2017
  • Posted by Anik Bose
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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, Mass., June 26, 2017 (GLOBE NEWSWIRE) — Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the company will be attending and presenting
  • 28 Jun, 2017
  • Posted by Anik Bose
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Another Look: Why Amazon’s Acquisition of Whole Foods Another Example of their Innovation

The following blog article was written by Profitect CEO Guy Yehiav, June 16, 2017, in direct response to the announcement of Amazon’s purchase of Whole Foods.  Thought Leadership I recently wrote a blog about a month ago that spoke to the rumors swirling around Amazon possibly purchasing BJ’s. Amazon was quick to distance themselves from
  • 19 Jun, 2017
  • Posted by Anik Bose
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IntelliVision Awarded in Red Herring Top 100 2017

BGV portfolio company IntelliVision was awarded the honor of inclusion on the Top 100 Red Herring North America 2017 list on June 14th.  CEO Vaidhi Nathan was selected to present at the final panel of the Red Herring Finals Top 100 conference in LA this week.  From the Red Herring website, more about the Top 100
  • 16 Jun, 2017
  • Posted by Anik Bose
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RILA Announces 2017 (R)Tech Asset Protection Innovation Award Winners

In a ceremony at the Retail Asset Protection Conference in New Orleans yesterday, the Retail Industry Leaders Association (RILA) honored Digital Safety USA as first place winner of the 2017 (R)Tech Asset Protection: Innovation Awards. The Awards showcase emerging, game-changing technologies that mitigate total retail loss, as defined in a groundbreaking research report published by
  • 17 Apr, 2017
  • Posted by Anik Bose
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