ATLANTA--(BUSINESS WIRE)--Gartner released its “Magic Quadrant for Merchandise Assortment Management Applications,” positioning Predictix the highest on the ability to execute axis and furthest along the completeness of vision axis in the Challengers Quadrant.1
In all, 17 vendors were invited to participate in the “Magic Quadrant for Merchandise Assortment Management Applications.” Nine vendors were excluded because they did not meet all of the inclusion criteria.
“Predictix is the only cloud-native solution provider included in the Magic Quadrant, and we have a fundamentally different model for assortment planning and management,” said Molham Aref, CEO, Predictix. “We believe the Gartner placement validates the unique strengths of the Predictix approach, which is driving substantial revenue and margin improvements for some of the world’s top retailers.”
Predictix assortment solutions enable planners and buyers to make optimal decisions in a continuous assortment planning and management process—transforming assortment from a periodic, static bookkeeping exercise to an ongoing, collaborative decision-making process with anytime-anywhere access. Unlike traditional assortment applications, Predictix’ highly adaptive solutions facilitate user adoption and easily evolve to meet retailers' constantly changing needs. The cloud-native design lets even the largest retailers optimize their assortments with real-time performance—leveraging the power of Big Data and advanced predictive and prescriptive analytics.
For more information on the “Magic Quadrant for Merchandise Assortment Management Applications,” visit: www.gartner.com/doc/2792128/magic-quadrant-merchandise-assortment-management
1 Gartner, Inc., “Magic Quadrant for Merchandise Assortment Management Applications,” Robert Hetu, July 8, 2014.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Predictix solutions are helping retailers make better decisions for more than 8 billion store-SKU combinations generating $168 billion in annual sales. We’re the foremost provider of cloud-native, predictive analytics solutions for retailers, harnessing the unlimited computing power and elasticity of the cloud to solve the toughest problems in planning, merchandising and supply chain. Powered by the LogicBlox Smart Database, a hybrid transaction/analytical processing database, Predictix applications leverage the power of Big Data and advanced predictive and prescriptive analytics to drive substantial revenue and margin improvements for some of the world’s top retailers. Learn more at www.predictix.com.