Strategic investment will bring leading predictive analytic applications to Infor CloudSuite Retail.
Infor has announced a strategic partnership with Predictix, a ground-breaking provider of cloud-native, predictive, and machine-learning solutions for retailers. As part of this partnership, Infor has invested $25 million in Predictix, whose applications use next-generation data science and big data analytics to help solve some of the most complex and challenging problems faced by retailers today. Infor will become a reseller of Predictix, deploying, managing, and supporting the applications for customers in the Infor cloud, and will infuse Predictix into development of Infor CloudSuite Retail, a new modern suite of enterprise applications delivered in the cloud and designed for today's retailing landscape announced in October in collaboration with Whole Foods Market, a mutual Infor/Predictix customer.
"Predictix is a company that shares our belief that modern technology can power a generational shift in retail software, and has delivered true innovation to merchandising and assortment management," said Duncan Angove, president of Infor. "Infor and Predictix sit at the intersection of cloud, analytics, and self-service and this partnership will only accelerate our joint mission to change the retail landscape."