If you're looking for a system that offers advanced analytics and insights to drive business decisions in the retail industry, ThoughtSpot is a top contender. This AI-infused analytics system lets users ask complex data questions in plain English and get immediate answers and insights. It includes features like search and AI-driven insights, embedded analytics and natural language queries that make it easier for business teams to explore, analyze and share data.
Another top contender is Profitect, a prescriptive analytics system that uses machine learning to help retailers and consumer goods companies maximize profit margins. It automatically processes vast amounts of data to deliver actionable insights and alerts in near real-time, so customers can optimize operations and improve sales, inventory accuracy and labor productivity.
For a more comprehensive system that covers supply chain and retail planning, check out RELEX. The system uses machine learning to help retailers make data-driven and adaptive decisions in areas like inventory management, production planning, supply chain planning and more. It offers real-time visibility and collaboration, helping companies improve forecasting, reduce costs and increase responsiveness to market changes.
Last, Particl offers an automated competitor intelligence system that uses AI to deliver real-time data on products, competitors and market share. It helps retailers set optimal prices, understand market trends and launch products at the right time, making it a good option for competitive analysis and strategic planning.