Top 20 Retail Tech Companies - 2018

Top 20 Retail Tech Companies - 2018

The business of retail has been intricate. To ride the tide of e-commerce and hold the market share through brick-and-mortar locations, knowing customer preferences and intent have become imperatives. To this end, data-driven retail solutions aggregate and analyze the data from multiple sources like POS terminals, social media, and numerous avenues of customer interaction to help retailers make strategic business decisions.

On the other hand, retail IoT solutions are transforming in-store customer experience by delivering offers and promotions based on customers’ browsing and purchase history. Furthermore, to help retailers address customers’ “mobile-first” mentality, the mobile payments solutions are not only reducing the transaction time but also becoming an integral part of loyalty programs that forge a bond with customers and facilitate value delivery.

The retailing solution’s scope of utility and application grows further as they help retailers determine and address the problems, and enhance the efficiency level of their retail operations. For instance, retailers can affix the problems in supply chain management for faster delivery of products—another crucial criterion in enhancing customer experience.

Like any other arena, retail solutions landscape has no dearth of solution providers and thus zeroing in on the apt one remains an uphill task for CIOs. To help them tread on the right path, CIOReview’s distinguished panel comprising CEOs, CIOs, VCs, industry analysts and the editorial board has come with 20 Most Promising Retail Solution Providers - 2018. In our selection process, we have evaluated the vendor’s competency to provide efficient as well cost-effective retail solutions and services.

Company Name

Company Description

Agilence Provides data analytics software to the retail industry
Cegid Provides cloud-based retail software to retailers
Celerant Technology Enables retailers to deliver a great customer experience while optimizing back end operations through a powerful multi-channel retail solution
Diebold Nixdorf An end-to-end provider of software and services for the retail space
ECR Software Provides a front-to-back retail automation solution suite built with a class-leading technology platform
Exchange Solutions Designs, builds, and operates customer engagement programs that use data-driven, personalized incentives to increase valuable customer behaviors
JustEnough Provides solutions that help companies to forecast customer demand; plan assortments, allocations and inventory and more
Legion Technologies Offers a workforce engagement solution, built to help the retail industry build, connect, and engage network of employees while driving satisfaction and loyalty
MobentIT Provides information security, network security, advanced data protection, forensics and remote access VPN for end-to-end protection
Moblty Moblty build cross-channel programs that connect shoppers’ in-store and online customer journeys
National Retail Solutions Providing a robust portfolio of tools to help retailers compete more effectively via rewards programs, consumer coupons, wholesaler discounts, and payment service products
Obase Provides technological solutions focused on analytics and scientific retailing
Openbravo Streamlines Retail Management with robust merchandise, supply chain, omnichannel and retail store operations management in the Cloud
PERCH Provides a retail marketing platform that lets brands message shoppers based on what products they are touching or picking up in-store
Reflexis Systems Reflexis offers real-time store operations and workforce management solutions that help retailers simplify work and unleash the power of store associates
Shopify [NYSE:SHOP] Offers cloud-based, multi-channel commerce platform designed for small and medium-sized businesses
Simplain Software Solutions Facilitates efficient collaboration and data exchange between retailers and vendors using an easy to use common platform
StoreForce The company helps retailers thrive, by improving the overall performance of their stores sales associates to drive the top line
Verve Wireless Provides a location-based mobile marketing platform that connects advertisers with consumers to deliver successful business outcomes
VTEX VTEX provides cloud based e-Commerce Platform and Omnichannel solutions