360pi and IBM Together Deliver Real-Time Retail Intelligence
Integration of 360pi retail intelligence within IBM Commerce unveiled at NRF’s BIG Show
NEW YORK – JAN 17, 2017 – Today at NRF, 360pi, the leader in next generation commerce analytics, revealed that retailers can now access 360pi’s real-time retail intelligence directly within IBM Watson Commerce Insights. NRF attendees are encouraged to drop by 360pi’s Booth 815 or IBM’s Booth 1720 to see how the two solutions work together to give retailers real-time business and customer insight.
360pi delivers online retail intelligence including pricing, availability, regional, and shipping information for exact matched products and “like” items. Through the IBM Watson Commerce ecosystem, retailers can now embed 360pi’s real-time competitive intelligence directly within their IBM Watson Commerce Insights merchandising workspace. This enables merchandisers to quickly and easily gain insight about competitive solutions and take immediate merchandising action without having to switch between systems or tools.
“Retailers can ill afford the cost of late or wrong pricing or product decisions in today’s hyper-competitive market,” said Jenn Markey, VP Marketing, 360pi. “Real-time retail demands real-time retail intelligence and we are honored to extend our relationship with IBM to include Watson Commerce Insights to deliver just that to our mutual customers.”
“We are extremely pleased to work with 360pi to deliver our clients real-time retail insight and intelligence where they need it most – on their storefront, with their own products and categories,” said Steve Mello, Vice President, IBM Watson Commerce Solutions and Strategy. “Together with 360pi, retailers are now able to quickly identify and remedy pricing problems that are adversely impacting conversions and highlight opportunities for pricing and margin increases.”
360pi delivers next generation commerce analytics to retail and brand innovators helping them make sense of retail and shopper big data to realize a winning product-price position across channels and create a consistent shopper experience. 360pi’s customer base accounts for over $US300 billion in annual product sales and includes Ace Hardware, Build.com, Overstock.com, and Walgreens, along with several Fortune 500 consumer products companies. Ultimately, 360pi customers use the company’s product and pricing intelligence to make smarter decisions faster, driving increased revenues and margins across all channels.
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