Through the integration, Stratus Analytics extracts all relevant retail business data; and loads it into a high-performance, cloud data warehouse. Interactive dashboards and reports can be created, allowing retailers to analyse the data in nearly real-time; and visualise their business in new ways, according to Celerant.
Stratus Analytics offers tools to help retailers define goals and monitor performance with actionable insights across their entire business, such as purchasing, inventory, assortment planning, and workforce management. Retailers can also create reports that combine customer analytics with cross-sales/up-sales analytics to improve the overall shopping experience and increase revenue. Visual reports can be automatically emailed to keep employees and managers informed on a regular basis; email reports are interactive, allowing users to drill down into further details, Celerant said.
Stratus Analytics is powered by an advanced query engine capable of producing interactive dynamic drill-down paths with sub-second response times, without relying on complex data aggregation; and data is updated in nearly real-time through a modern data-streaming interface. Unlike many business intelligence solutions, Stratus Analytics can be implemented within 24 hours, with over 100 metrics readily available, Celerant said in a media statement.
“As retail becomes increasingly competitive, retailers need the tools to help them visualise and analyse every aspect of their business. Stratus Analytics allows retailers to get a better picture of their business, and apply their findings to increase sales, reduce overhead, and optimise performance across their entire enterprise. We designed Stratus Analytics with the goal of providing our retail clients with unique, valuable and actionable insights into their business,” Ian Goldman, president and CEO of Celerant said in a press release.
Fibre2Fashion News Desk (GK)