January 13, 2020, Santa Clara, Calif. – Prevedere, a leader in predictive analytics software for economic intelligence, today announced it is presenting at Microsoft Startup Showcase during NRF 2020: Retail’s Big Show. NRF 2020 is the world’s largest retail conference and expo, providing a venue for retailers to converge and discuss industry outlook in an era of change.
At Microsoft’s Showcase, Prevedere will highlight its ERIN Predictive Analytics Cloud, which is one of the first augmented analytics solution to predict and quantify the impact of external influences on future business performance. Prevedere has chosen Microsoft to enable intelligent retail by leveraging Microsoft Azure to power ERIN. Azure empowers retailers and consumer goods companies around the world to gain better insights into their customers, empower employees with modern tools and platforms, deliver on an intelligent supply chain, and ultimately reimagine their businesses.
“The retail industry continues to evolve due to changing consumer behavior and global market conditions. More than ever, retail leaders are looking for strategic insights to guide decisions in 2020,” said Rich Wagner, CEO of Prevedere. “The ERIN Predictive Analytics Cloud couples the latest technology with relevant world data, to provide a holistic view of what is to come, enabling companies to better prepare for financial risks, the threat of economic uncertainty, and opportunities to capitalize on changes in the market.”
The ERIN Predictive Analytics Cloud leverages the power of Azure Machine Learning to rapidly analyze and deliver insights from vast volumes of data streamed daily from hundreds of global sources. Companies can quickly discover the specific external leading indicators (e.g., wages, employment, consumer sentiment, weather patterns, online search trends) that will affect their sales, costs, or profitability.
“We’re pleased that Prevedere is joining us at NRF to showcase how technology is being applied to help retailers compete and succeed,” said Greg Jones, director of business strategy for Worldwide Retail at Microsoft. “As the retail industry continues to transform, our partners are critical in helping us solve retailers’ biggest challenges and uncover valuable new opportunities to reimagine retail.”
Prevedere is a predictive analytics software company that delivers insights into future business outcomes based on economic trends. Our predictive economic intelligence offering helps executives see what lies ahead for their business and solve for upcoming risks and opportunities. Our SaaS solutions apply the power of machine learning and predictive modeling to millions of indicators of global economic and consumer activity. Prevedere customers include Fortune 500 industry leaders in retail, manufacturing, and consumer packaged goods. To learn more, visit www.prevedere.com and follow @Prevedere on Twitter.