PRN: Retail Analytics Leader to Host a Conference in Dubai for Top Retailers
Retail Analytics Leader to Host a Conference in Dubai for Top Retailers
BANGALORE, India, July 6, 2011 /PRNewswire/ --
Manthan Systems Says Actionable Analytics Can Help Retailers Capitalize on a Recession Triggered Shift in Shopping Trends and Customer Behavior
Manthan Systems, a leader in retail Business Intelligence (BI) and Analytics solutions, will host a conference entitled 'Action Points in Retail' for leadership in top retail organizations in Dubai, UAE on July 12, 2011 (http://www.manthansystems.com/dubai). Top level executives from the retail industry across the UAE and the Middle East will discuss industry challenges and hear thought leaders speak on major trends shaping the retail industry.
Increased competition and higher customer expectations are driving the need for business agility in retail enterprises worldwide. Manthan Systems will speak on the critical role of actionable Business Intelligence (BI) in helping retailers gain business agility and build competitive advantage. Major dubai-based retail group Landmark is a Manthan customer.
Manthan's CEO Mr. Atul Jalan says, "At Manthan we believe in actionable Business Intelligence which not only transforms data into information, but also gets it to the right people at the right time to ensure timely action."
With the slowing down of the economy in US and Europe, the Middle East is emerging as one of the top global retail markets. A strong expatriate presence and investments in high end retail concepts have fuelled the UAE's emergence as the second most attractive international retail market (CB Richard Ellis Annual Report 2011) and Dubai as the top retail destination drawing 56% of all international brands.
Despite the optimistic outlook, retailers have to deal with a dramatic shift in consumer spending. Shoppers are moving away from luxury retail towards value merchandise, and retailers and mall owners here are exploring competitive pricing and creative marketing concepts to lure customers. Building the right BI capabilities is absolutely essential for retailers trying to streamline operational costs and capture greater customer wallet share.
Â "The effective use of analytics will help retailers optimize inventory costs and run lean, agile operations which can translate to better value for customers," reiterates Jalan.
Retailers wanting to attend the event can register at http://www.manthansystems.com/dubai
About Manthan Systems: Â Manthan Systems produces cutting-edge analytic solutions for global retail organizations under the brand name ARC. Manthan's solution suite ARC is an acclaimed innovation and is being used by over 50 top retailers worldwide, helping them drive business goals and build competitive advantage.
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