Retail Pro International unveils new data action software
Retail Pro International has launched Retail Pro Planning, its latest software designed to optimize the use of data in the industry.
The global-leading retail management software company from California revealed the details of its new product on Thursday.
Its software leverages retailers’ Retail Pro POS data to forecast future sales and make data-driven recommendations in the areas of assortment, quantity, and timing to optimize inventory purchases.
- Vantiv’s $10bn buyout of Worldpay expected to lead to more deals
- Amazon’s new Utah fulfillment center to create 1,500 jobs
- Business Review USA magazine - latest issue
Seasoned consultants with extensive retail expertise provide one-on-one guidance and training to help retailers realize profit potential in their inventory and purchasing strategy.
“Retailers are focused on integrating their key business technologies. This is creating a single, unified source of retail data and Retail Pro Planning empowers retailers to do something productive with it,” said Retail Pro International Director of Product Strategy, Kevin Connor.
“Retail Pro Planning converts inventory data into actionable insight that helps retailers improve forecasting accuracy, turn, and cash flow, and increase sales and profit.”
Retail Pro Planning software and consulting helps retailers analyze their current merchandising strategy to determine:
• Improvements for class performance
• Potential for increased sales
• Capacity for reduced markdowns
• Scope for generating more cash flow
• Expense structure fit for the business
Retailers using Retail Pro Planning experience significant business results, including:
• Increased turn
• More than doubled GMROI
• Substantive ROI increase, frequently ranging from 5 to 12.9 dollars for every dollar spent
Check Point: Securing the future of enterprise IT
Cybersecurity solutions provider Check Point was founded in 1993 with a mission to secure ‘everything,’ and that includes the cloud. Conscious that nothing remains static in the digital world, the company prides itself on an ability to integrate new technology with its solutions. Across almost three decades in operation, Check Point, with its team of over 3,500 experts, has become adept at protecting networks, endpoints, mobile, IoT, and cloud.
“The pandemic has been somewhat of an accelerator in the evolution of cyber risk,” explains Erez Yarkoni, Global VP for Cloud Business. “We had remote workers and cloud adoption a long time beforehand, but now the volume and surface area is far greater.” Formerly a CIO for several big-name telcos before joining Check Point in 2019, Yarkoni considers the cloud to be “part of [his] heritage” and one of modern IT’s most valuable tools.
Check Point has three important ‘product families’, Quantum, CloudGuard, and Harmony, with each one providing another layer of holistic IT protection:
- Quantum: secures enterprise networks from sophisticated cyber attacks
- CloudGuard: acts as a scalable and unified cloud-native security platform for the protection of any cloud
- Harmony: protects remote users and devices from cyber threats that might compromise organisational data
However, more than just providing security, Yarkoni emphasises the need for software to be proactive and minimise the possibility of threats in the first instance. This is something Check Point assuredly delivers, “the industry recognises that preventing, not just detecting, is crucial. Check Point has one platform that gives customers the end-to-end cover they need; they don't have to go anywhere else. That level of threat prevention capability is core to our DNA and across all three product lines.”
In many ways, Check Point’s solutions’ capabilities have actually converged to meet the exact working requirements of contemporary enterprise IT. As more companies embark on their own digital transformation journeys in the wake of COVID-19, the inevitability of unforeseen threats increases, which also makes forming security-based partnerships essential. Healthcare of Ontario Pension Plan (HOOPP) sought out Check Point for this very reason when it was in the process of selecting Microsoft Azure as its cloud provider. “Let's be clear: Azure is a secure cloud, but when you operate in a cloud you need several layers of security and governance to prevent mistakes from becoming risks,” Yarkoni clarifies.
The partnership is a distinctly three-way split, with each bringing its own core expertise and competencies. More than that, Check Point, HOOPP and Microsoft are all invested in deepening their understanding of each other at an engineering and developmental level. “Both of our organisations (Check Point and Microsoft) are customer-obsessed: we look at the problem from the eyes of the customer and ask, ‘Are we creating value?’” That kind of focus is proving to be invaluable in the digital era, when the challenges and threats of tomorrow remain unpredictable. In this climate, only the best protected will survive and Check Point is standing by, ready to help.
“HOOPP is an amazing organisation,” concludes Yarkoni. “For us to be successful with a customer and be selected as a partner is actually a badge of honor. It says, ‘We passed a very intense and in-depth inspection by very smart people,’ and for me that’s the best thing about working with organisations like HOOPP.”