CustoLogix Launches RetailPredix™ ( April 23, 2010)

Bangalore, India - April 23, 2010 - CustoLogix, a math based retail analytics firm, today announced the launch of RetailPredix™, a unique and simple forecasting service that can be easily integrated with any existing POS/ data management system to generate accurate and automated forecasts.

RetailPredix™ uses the latest from the field of mathematics as applied to retail data to generate forecasts that take into consideration various factors. The factors considered can include, trend, seasonality, weekday seasonality, holiday effects, weather, price, promotion and competitive factors. CustoLogix's proprietary data handling methodology is able to decipher this information given the raw data that is normally stored by retailers.

While the sophisticated algorithms are able to crunch the vast amounts of data effortlessly, the state of the art mathematics ensures that the retailers are able to generate an accurate forecast that can be used to plan inventory and budgets:

RetailPredix™ has evolved from a number of real life mathematical models used in the retail industry today. The high level of sophistication allows the model to take into consideration the practical shortcomings of real life data. For example, the algorithm is able to differentiate between zero sales and a stock out, both of which may read as zero on a data set:

Although this engine can be configured to fit different scenarios in different industries, the experience of retail strategy consultants in forecasting for shelf stable retail products is evident in the mathematical models. Currently RetailPredix™ is being used to predict sales at US and Indian Retail stores from a wide variety of verticals such as fashion, grocery and electronics.:

The product is available on a free trial basis for a period of 30 days. Further information about the product and pricing may be obtained by contacting Dipin from CustoLogix (Email:dipins@custologix.com)

CustoLogix launches DiscoverAnalytix™ (June 1, 2009)

CustoLogix Solutions, a sophisticated analytical firm, today announced the launch of DiscoverAnalytix, unique software offering fast, simple and effective analytical solutions with lower prices and top quality to midsized retailers.

The CustoLogix DiscoverAnalytix software provides midsized retailer with comprehensive bundle of services to understand better the pulse of the business in terms of sales, profit and units accurately which enables the retailer to stay on top of his everyday strategic decisions and steer the organization towards higher profitability and market share.

Unlike alternatives requiring multiple software vendors, consultants, hardware purchases or long-term commitments with uncertain ROI, CustoLogix’s offering includes the services midsized retailers need for one simple “all-in” subscription price.

The CustoLogix DiscoverAnalytix includes:
Reports that read the pulse of the business in terms of sales, profit and units accurately
Track the performance of each brand, category and Key Value Items (KVI)
Accurate forecasts at the chain, brand, category or unit levels
Monitor store performance and plan ahead by predicting store traffic

CustoLogix Launches "Go Green at CustoLogix" program. (May 25, 2009)

CustoLogix Solutions, a sophisticated analytical firm, understands the need to preserve the delicate balance of nature for future generations. As the climate changes, conservation areas will probably lose some species they were originally designed to protect, but overall they could still provide an important buffer against biodiversity loss. Our employees take opportunity to work on various fun and exciting initiatives that help conserve the local forests and also educate the younger generation about the benefits of nature conservation. Our employees dedicate one day in a month in activities that help in nature conservation.

Bangalore Retail Association: Monthly Breakfast Meeting

Date: April 3, 2010
Time: 8:30 AM to 11 AM
Place: IRIS- The Business Hotel; #70, Brigade road, Bangalore

CustoLogix Annual Conference - 2010

Date: March 12, 2010
Time: All Day Event
Place: CustoLogix Solutions (India) Private Limited, HSR Layout, Bangalore

Joint Application Development Meet - 2010

Date: February 27, 2010
Time: 9 AM to 1 PM
Place: CustoLogix Solutions (India) Private Limited ,HSR Layout, Bangalore, India