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Predictix Leverages Retail's SaaS Suite for Consumer-Centric Merchandising
Apr 13, 2009 (Close-Up Media via COMTEX) --
Predictix announced the official launch of its consumer-centric merchandising solution suite.
In a release, the company noted that the Predictix suite is delivered in a Software-as-a-Service (SaaS) subscription model that is up and running quickly and requires no up-front license payments, software installations, hardware purchases, or long-term commitments.
Predictix said it designed and continually enhances its products to help retailers and brands make better business decisions, from choosing the right merchandise assortment for each store to strategically pricing, promoting, and replenishing products. Breaking with the traditional model of enterprise software, Predictix's SaaS model shifts risks from the client to the software vendor, with no large up-front license payments or long-term contracts.
"Our clients must earn their customers' business every day, which is why we set up Predictix the same way," said Molham Aref, CEO, Predictix. "They know they're getting our best effort 100 percent of the time, because if we don't deliver value or constantly improve our solutions, they can simply walk away."
"Predictix is a real game changer for the retail software industry, giving merchandisers the advanced tools they need, combined with the unique flexibility, speed to value, and no-risk proposition of its SaaS model," said John Buchanan, Chairman of the Board, Predictix and former CEO and Chairman, Retek (now Oracle Retail). "This technology and business model would be disruptive in any market - in the toughest market in memory, however, Predictix is turning the retail software industry on its ear."
((Comments on this story may be sent to health@closeupmedia.com))
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