Profitect
Profitect's prescriptive analytics solution leverages pattern detection and machine learning to identify opportunities that impact sales and margin. Profitect takes retail and CPG company data and identifies areas for improvement including: inventory accuracy, out of stocks, pricing accuracy, unsellable merchandise, and assortment discrepancies. Profitect customers typically realize a 2-5 percent increase in sales, better consumer experience, 10-15 percent basis point margin improvement, and labor productivity improvement within 6 months.
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About Profitect
Founded
2012Estimated Revenue
$10M-$50MEmployees
1-10Funding / Mkt. Cap
$14MCategory
Sector
Information TechnologyIndustry Group
Software & ServicesIndustry
SoftwareLocation
City
BurlingtonState
MassachusettsCountry
United StatesProfitect
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