Kiabi, a leading French apparel retailer, has selected Predictix, provider of retail predictive and prescriptive analytics solutions, to implement a unified suite of merchandising and supply chain optimization solutions.
Predictix harnesses predictive and prescriptive analytics, and the unlimited computing power of the cloud to bring unprecedented insights into consumer demand. Predictix applications leverage advanced machine learning to take advantage of thousands of data attributes for the clearest, most accurate forecasts of consumer demand in the industry. With Predictix’ unified suite of solutions, retailers can discover a deeper, richer understanding of what drives consumer demand and reach a new level of customer intimacy, according to a press release.
Christophe Alie, CIO, Kiabi said, “At Kiabi, we are constantly innovating to offer trendy, accessible and affordable fashion for families around the globe. In Predictix, we have found a partner with the same focus on innovation and on truly understanding our customers’ needs.”
Molham Aref, CEO, Predictix said, “We are honored to be working with Kiabi, as they share our passion for constantly finding new ways to deliver unique and superior value to customers. Predictix merchandising and supply chain optimization solutions will allow Kiabi to continue to deliver on its promise of innovation and value.”
Predictix solutions are most used by retailers representing over $300 billion in retail revenue and more than 15,000 stores make better decisions. Powered by the LogicBlox smart database, a hybrid transaction/analytical processing (HTAP) database, the company harness cloud-native technology, Big Data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising, and supply chain. (GK)
