Askuity Named One of the CIX Top 20 Innovative Technology Companies

Askuity
By Askuity
Oct 21 2014

Askuity is recognized for excellence in innovation for its retail analytics software platform October 21, 2014 (TORONTO) Askuity Inc., (http://www.askuity.com), creator of a leading cloud retail analytics platform, is proud to announce it has won the CIX Top 20 award, given to the most innovative technology companies in Canada. Chosen by a panel of experts in technology and finance, the winning companies were chosen based on their strength in a number of key areas, including product and service offering, depth of management, market opportunity and business model. “We’re thrilled to see Askuity recognized for its innovation leadership,” said Eric Green, Askuity’s CEO. “We started Askuity because we saw an opportunity to transform the way retailers and product suppliers collaborate through better analytics, and our rapidly growing customer base is validating our approach.” Askuity was launched to address an age-old problem in retail, namely the lack of collaboration and poor information sharing between retailers and their product suppliers, which results in missed opportunities to improve their joint business. Askuity’s cloud analytics platform provides a shared, real-time view into what’s occurring in store in order to improve the customer experience by optimizing merchandising and promotions, as well as improving on-shelf availability and reducing frustrating out-of-stock situations. “The traction we’re seeing for Askuity spans many retail channels and product markets,” said Green. “The benefits of retail analytics solutions used to be limited to the largest retailers and consumer packaged goods companies; however, the convergence of big data, cloud and mobile technologies has enabled forward-thinking retailers and suppliers of all sizes in channels such as home improvement, sporting goods and beauty care to improve their businesses through better analytics. We’re honoured to be a part of the CIX20 community of innovative technology leaders.” About Askuity Askuity is a cross-retailer big data analytics platform that connects retailers and product manufacturers with insight and information, enabling better collaboration, planning and retail execution. Accessible in the cloud from any device, at any time, Askuity combines automated data sharing with easy-to-use, powerful analytics tools and mobile technology to drive better sales, marketing and supply chain outcomes. Askuity – See What’s in Store. For more information, please visit http://www.askuity.com. About Canadian Innovation Exchange The Canadian Innovation Exchange (CIX) is a leading technology innovation destination where investors, innovative companies, entrepreneurs and facilitators converge to drive economic growth and accelerate the development and implementation of new ideas. This forum attracts the key players behind Canadian’s innovative technology products and services in order to learn from each other, meet and pursue customer partnerships and investment relationships, and encourage the development of innovative technology that will be an integral part of Canada’s economic growth. It also features the CIX Top 20, an exclusive showcase that celebrates Canada’s best innovations and the people behind them.

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