Manthan Named a Visionary Leader in the Retail Analytics Market
MUMBAI, INDIA, DECEMBER 08, 2017- Manthan, a global leader in AI-powered advanced analytics solutions and a recognized innovator in bringing pathbreaking, intuitive solutions to retailers worldwide has been named in the Visionary Leaders Quadrant in MarketsandMarkets’ latest report titled ‘Retail Analytics Market Global Forecast to 2022'. The report features the top global retail analytics companies with a wide range of solutions for the retail market. According to the report, visionary leaders have strong and established product portfolios combined with a very strong market presence. Manthan’s comprehensive product portfolio covers all critical application areas such as Merchandising, Pricing, Inventory, Assortment, Forecasting, Customer Management across key business functions like Sales, Marketing, Store Operations and Supply Chain. The maturity of the solution, as well as breadth and depth of its offering is reflected in a perfect evaluation score of 4/4. Manthan also received a high score for its business strategy resulting in an overall market ranking of 4, next to IBM, Oracle and Microsoft.
“The reportforecasts the global retail analytics market on the basis of several criteriaincluding applications, business functions, deployment models, organizationsize, end users and regions. It features the top 25 global retail analyticscompanies with a wide range of solutions,” said Rakhi Vig, AVP, MarketsandMarkets. Manthan’s retail analyticssolutions, underpinned by Manthan Maya, its AI platform, provides retailerseasy access to predictive and prescriptive analytics capabilities. Itsinnovations with natural language interfaces (voice and text) will continue tobolster the offerings, making it simple for retail business users to consumeand act on data-driven insights when it matters.
“We are delighted tobe named a visionary leader by MarketsandMarkets. We believe AI and prescriptiveanalytics are shifting the way retailers use data and act on insights, enablingprecise, intelligent and timely decisions across every retail function. Theseare key differentiators for Manthan’s offerings and compelling reasons formodern retailers to adopt next generation analytics solutions as they seek tounify retail customer experience,” saidSameer Narula, Chief Product Officer, Manthan. “Amongthe evolving retail analytics technologies, machine learning and artificialintelligence will be instrumental in improving customer shopping experience andhelp retailers to drive sales and increase customer loyaltysignificantly,” claims the report.Manthan has been a forerunner in making these technologies accessible toretailers in their everyday decision making.
Manthan will beexhibiting its suite of AI-powered advanced analytics products at the National Retail Federation (NRF)Convention & Expo to be held between January 14-16, 2017 at New York City’sJacob K. Javits Convention Center. Meet Manthan’s Analytics experts toexperience Manthan’s AI-powered prescriptive analytics in action at booth#4311.