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- Nuqleous Acquires Interactive Edge to Revolutionize Retail Analytics
Nuqleous Acquires Interactive Edge to Revolutionize Retail Analytics
Slice of Retail Team
December 01, 2024
Key Highlights:
Nuqleous acquires Interactive Edge, combining expertise in retail analytics and automation.
XP3 BI Cloud platform automates customized category reviews, line reviews, and business plans.
Integration reduces manual reporting tasks by up to 90%, empowering strategic insights.
Retailers and CPG teams benefit from deeper, retailer-specific analysis without increasing resources.
Enhanced scalability and analytics drive greater value across the retail supply chain.
Source: PR Newswire
Notable Quotes:
"Interactive Edge's XP3 BI Cloud platform has demonstrated extraordinary ability to solve this challenge, with customers reporting up to 80% reduction in time spent on data management and presentation creation."
"Our combined platform will enable teams to automatically generate customized, data-driven presentations that use multiple data streams and adapt to each retailer's specific needs."
"By combining Interactive Edge's proven presentation automation capabilities with our advanced analytics platform, we're creating a solution that fundamentally transforms how category management teams work."
Our Take:
The acquisition of Interactive Edge by Nuqleous represents a significant leap forward in retail analytics and category management productivity. By integrating the XP3 BI Cloud platform with Nuqleous' robust analytics capabilities, the combined solution addresses a critical industry need: delivering actionable insights at scale without increasing operational overhead. The automation of reporting tasks frees up resources for strategic decision-making, enhancing agility and competitive advantage. This partnership not only empowers existing customers but sets a new standard in retail intelligence and collaboration, positioning Nuqleous as a leader in B2B SaaS solutions for retail and consumer goods.