According to a recent press release, “Agilence, Inc., the leading provider of predictive data analytics & reporting solutions to the retail, restaurant, and convenience industries, today announced it’s 2.8 release of the Agilence Data Analytics Platform. The release adds new Artificial Intelligence (AI) features and a dedicated app-based user experience to shorten the analytics learning curve for enterprise businesses. ‘Innovative retail & restaurant organizations are adapting to the evolving consumer landscape through smarter stores that deliver fantastic customer experiences while optimizing store operations,’ said Russ Hawkins, President and CEO of Agilence. ‘Our goal is to enable all retail and restaurant chain operators to unlock the power in their data assets, breakdown data access bottlenecks and empower all associates to make better, data-driven decisions throughout the organization’.”

The release continues, “Key features of 2.8 include: (1) Forecasting – Predict future sales, margin and inventory levels, as well as store and associate performance to maximize operations and enable early action to capitalize on previously unseen opportunities and to mitigate hidden issues.​ (2) New Mobile App – Deliver actionable prescriptive alerts right to the store manager so they can be on the floor and not locked in their office. This enhanced mobile experience allows on-the-go users to improve operational efficiency. Available for iOS and Android. (3) Agilence Scoring – A new proprietary algorithm that utilizes customer-specific indicators to ensure that the algorithm learns and adapts to the unique characteristics of their business. The scoring allows for pinpointing performance and trends within locations and employees.”

Read more at Newswire.

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