Anodot Announces AI Analytics for Retail

Nov 30, 2017

Anodot, the AI-powered analytics company, announced the launch of  AI Analytics for Retail.

During Black Friday and Cyber Monday, retailers lose, on average, $250,000 per incident on glitches that would set a company back approximately $40,000 outside the holiday season. Anodot AI Analytics for Retail uncovers hidden insights in vast troves of business data, identifying outliers in key performance indicators, correlating across multiple sources, and providing valuable real-time insights. For example, Anodot enables retailers to maintain confidence in the market presence (search/comparison sites/forums), product presence (inventory, types, options, product images), site and store performance, customer journey, payment process, shipping process, return process, and more.

Anodot’s AI-powered data analytics system -- with multiple patents pending -- uncovers incidents in real time, revealing glitches that would cost retailers millions in lost revenue, and identifying opportunities.

Traditional BI tools, such as dashboards, require humans to create and interpret them, which is time-consuming and frustrating when every hour costs retailers significant revenue loss. The challenge to retailers is amplified with mobile users, who are less patient than desktop users and will jump to a competitor site when running into the smallest slowdown or glitch.

Anodot AI for Retail works with:

ERP Systems for tracking inventory, product families, pricing history, shipping information  Inventory systems (e.g. ERP)

  • Web/ Mobile analytics (e.g. Google Analytics, Adobe Analytics, MixPanel)
  • Point-of-Sale data including groupings by SKUs and cross-promotion information
  • Call Center (e.g. CRM)
  • Social Media Monitoring
  • Marketing campaigns including coupon redemption
  • Shipping information
  • Devops/IT data