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[January 16, 2014]
Profitect and i3 Reports New Analytic Automation and Intelligent Video Solution [Food and Beverage Close - Up]
(Food and Beverage Close - Up Via Acquire Media NewsEdge) Profitect, a profit amplification solution provider for retail, announced its partnership with i3 International, a designer, manufacturer, and supplier of digital video technologies for the retail industry.
According to a release, the partnership will create a direct link between the i3 camera integration and traffic analysis and Profitect's pattern seeking analytics, giving retailers a more efficient and effective way to gain insights into consumer behavior, store performance, and methods of sales improvement.
"The partnership between Profitect and i3 International will provide customers with seamless integration of industry-leading video technology combined with a powerful pattern recognition software and analytical solution," said Mike Limauro, Vice President of Asset Protection for Weis Markets, a user of both Profitect and i3 technologies. "By combining resources, this partnership will open a new door to the future of profit amplification, driving any program far beyond the boundaries of traditional Asset Protection." "We're truly excited about the partnership with i3," said Guy Yehiav, CEO of Profitect. "By incorporating i3 data and video, customers will be able to better engage their stores. The combination of pattern analytics, like those provided by Profitect, and cutting edge digital video technology, like those provided by i3, automatically identifies hidden insights and patterns, guiding the business user to take action, in plain English rather than with millions of reports." ((Comments on this story may be sent to firstname.lastname@example.org)) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.
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