Press Release

October 29th 2018

Appriss Retail Named a Top 10 Retail Tech Solution Provider by CIO Applications Magazine

Appriss Retail, the industry leader in retail performance improvement solutions, was recognized by CIO Applications Magazine as one of the Top 10 Retail Tech Solution Providers of 2018. The announcement caps a year of achievement, including the release of its groundbreaking Secure™ Store version 5 into the Appriss Retail performance improvement platform.

“We are proud to serve more than 90 of the largest, most advanced retailers in the world,” said Krishnan Sastry, president of Appriss Retail. “The consumer, the retail environment, and the retail supply chain have changed dramatically, and they continue to evolve with today’s multi-channel shopper. Our focus is on helping our clients adapt to these changes, and this nod from CIO Applications Magazine is a nice recognition of our success in achieving that goal.”

With more than 20 years of retail data science expertise, Appriss Retail’s Software-as-a-Service (SaaS) platform generates advanced analytical insights and real-time decisions that drive action throughout the organization, including operations, finance, marketing, and loss prevention. Its performance improvement solutions yield measurable results with significant ROI among retail store, ecommerce, and inventory functions. The Appriss Retail platform offers an extensive analytics data store that powers three flagship products. One is the post-transactional analytics platform, Secure™, a sophisticated vertical BI solution which helps identify important issues at the store level. Another is Verify® return authorization, a real-time analytics and decisioning platform that enables a positive customer experience by quickly approving all legitimate returns and ensuring only those consumers with highly suspect return-and-exchange behavior are addressed. The third component in the portfolio is Incent™ targeted incentives which optimizes the consumer experience by offering the most profitable consumers intelligent incentives to make additional purchases from the retailer that day.

About Appriss Retail
Appriss Retail, a division of Appriss Inc., provides artificial intelligence-based solutions to help retailers protect margin, unlock sales, and cut shrink. With more than 20 years of retail data science expertise, the company’s Software-as-a-Service (SaaS) platform generates advanced analytical insights and realtime decisions that drive action throughout the organization, including operations, finance, marketing, and loss prevention. Its performance-improvement solutions yield measurable results with significant return on investment among retail store, ecommerce, and inventory functions. Appriss Retail serves a global base of leading specialty, apparel, department store, hard goods, big box, grocery, pharmacy, and hospitality businesses in more than 100,000 locations (brick and mortar and online) in 45 countries across six continents. For more information about Appriss Retail, visit https://apprissretail.com.