Infor Announces $25 Million Partnership with Predictix Retail Cloud Service Provider

The Partnership will allow Infor to support, manage and deploy the applications for its clients in Infor Cloud  and the Predistix will also used for development of Infor CloudSuite Retail.  Infor, which is a leading contributor of trade applications, specialized by business and constructed for the cloud, announces a partnership with Predictix, an innovative provider of cloud based, analytical, and machine readable elucidations for the retailers.

In this partnership, Infor has put in $25 million in Predictix, whose applications use most innovative data skill and big data analytics to help resolve several most difficult and tricky troubles faced by merchants today. Info will be a reseller of Predictix, deploying, running, and supporting the applications for clients in the Infor cloud, and it will also introduce Predictix into the improvement of Infor CloudSuite Retail.

“Predictix is a company that shares our belief that modern technology can power a generational shift in retail software, and has delivered true innovation to merchandising and assortment management,” said Duncan Angove, President of Infor. “Infor and Predictix sit at the intersection of cloud, analytics, and self-service and this partnership will only accelerate our joint mission to change the retail landscape.”

The Predictix experienced more than 40 % increase in SaaS subscriptions in 2015 and got the 5th position out of 15 global retailers as clients, and manage $60bn in weekly predictions. The corporation has an engineering and science ambitious culture with deep proficiency in the trade and a motivation to transform the business.

“Partnering with Infor will provide Predictix access to the scale and resources of an enterprise software giant with the mentality of a forward-looking, entrepreneurial start-up,” said Molham Aref, CEO of Predictix. “Predictix customers will benefit greatly from the cutting-edge work coming out of Hook & Loop, Infor’s internal creative agency.”

The Predictix software was made inhabitant to the cloud, with connection to its expandable supercomputer potentials to solve difficult troubles on an enormous level and to provide trade benefits ahead of those attainable from the cloud as an operational model. The Predictix applications include characteristic machine-wisdom, and analytical (what will happen) and prescriptive (how to respond) analytics.

The Predictix supports several systems and different kinds of retailing on a worldwide scale, which includes social, mobile, fashion, online, hard lines, mass-merchant, brick-and-mortar, and grocery. Incorporating Predictix with the products co-development being done with Whole Foods Market, Infor will bring development and optimization jointly to product implementation.

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