SAN JOSE, Calif. – October 22, 2014 – RetailNext Inc., the worldwide leader in comprehensive in-store analytic Big Data platforms for brick-and-mortar retailers, today announced the general availability of RetailNext 5.1.
“The RetailNext in-store analytics platform is quickly becoming the de facto standard in the industry,” said Arun Nair, Chief Technology Officer and co-founder of RetailNext. “This latest iteration of the platform builds upon our foundational pillars of real-time data integration with the widest possible array of data sources, scalability, and retail focus, and delivers our customers a one-stop solution to better understand shoppers, enhance the delivery of their shopper experience, and increase their key store performance metrics.”
New features in RetailNext 5.1 are multiple video stream export, Micros XBR integration, Japanese-language support for user interface and reports, appliance security improvements, and more.
“With RetailNext 5.1, customers can more easily review interactions across several cameras at a higher video resolution,” said Devana Bhargava, RetailNext product manager, “and the integration of Micros XBR makes it easier for retailers to match transaction exception reporting with video, making functions like Loss Prevention more efficient and effective.”
“RetailNext 5.1 continues our practice of customer-centric continuous improvement,” added Nair. “The frequency of our development cycle enables the RetailNext platform to agilely respond to changing retail conditions and the creation and adoption of new technologies, and provides RetailNext’s customers the most advanced data analytics platform in the market.”
The first technology platform to bring e-commerce style shopper analytics to brick-and-mortar stores and malls, RetailNext enables retailers to collect and correlate data from the broadest available set of data sources. More than 160 retailers and brands worldwide have adopted RetailNext solutions to glean the insights necessary to improve customer experience, increase same-store sales, reduce theft and eliminate unnecessary costs.
RetailNext measures the behavior more than one billion shoppers per year by collecting data from more than 65,000 sensors in retail stores and analyzing trillions of data points annually. Headquartered in San Jose, CA, RetailNext is a growing global brand operating in 40 countries. For more information, please visit www.retailnext.net.
RetailNext Inc. and RetailNext are trademarks of RetailNext Inc. in the United States.