RetailNext has been recognized by CIO Review magazine as a most promising Big Data Analytics company in its 2014 CIO Big Data 100 list. The list is compiled annually and identifies the 100 companies that are in the forefront of tackling Big Data challenges and impacting the marketplace.
Companies in every industry are investing in tools and integrating technology platforms in an effort to align Big Data solutions with the achievement of their organizational goals. The CIO Big Data 100 list is designed for CIO’s and IT decision makers to quickly identify the most relevant solution providers in a variety of vertical markets and niches.
RetailNext is the market leader in applied Big Data solutions for brick-and-mortar retailers. Through real-time analytics, the patented RetailNext technology enables worldwide retailers, shopping centers, and manufacturers to collect, analyze, and visualize in-store data. The deep, data-driven insights into customer shopping behaviors and store performance empower retailers to identify opportunities for growth, implement change, and evaluate success.
“With better understanding and the information to make better decisions, retailers are greater equipped to improve service, retain loyal customers, and improve bottom-line performance, and RetailNext’s world-class team and collaborative partners are here to lead their way,” said RetailNext founder and CEO Alexei Agratchev.
RetailNext works with over 130 global brands and measures the behavior of more than 800 million shoppers per year by collecting data from more than 70,000 sensors in over 7,000 store locations. With each shopping trip generating an average of 10,000 data points, RetailNext now analyzes over 8 trillion data points annually.