Top 20 Retail Solution Companies - 2020
The retail industry is experiencing a paradigm shift and this transformation at scale is quite significant. At various levels, it touches the core of what the consumers do – shop. Whether it is grocery or general merchandise, whether it is fashion or budget shopping – the dynamics are changing in a rapid pace. The most obvious change is the rate at which retail is becoming digital. eCommerce, as it is popularly known as, is revolutionizing everything. There is no room for doubt that digital is here to stay, and it will power almost all operations of the business in the near future.
One of the factors responsible for the retail sector’s steady growth is the rise of digitalization and modern technology, leading to retail 4.0 being born. Many processes in the retail workflow, such as purchasing, inventory management, customer service, payments, and supply chain management, became automated after the introduction of advanced technologies. Intensified communication platforms have created a more connected landscape across the board. Thus, with the help of retail 4.0, the retail industry is witnessing a shift in the working culture, giving rise to innovative business models.
In order to help companies who struggle in this space, CIOReview brings forth a comprehensive list of the leading retail veterans who deliver expertise in this ever evolving sector. This listing provides a view of how the technology solutions in this domain can deliver optimization to the retail operations.
We present to you “20 Most Promising Retail Solution Providers - 2020.”