QuantiSense today announced a partnership with Teradata Corporation to help retailers benefit from the QuantiSense Decision Orchestration Platform, integrated directly into the Teradata Database.
Retailers such as The Gap, Hallmark Cards and Hudson’s Bay currently are using the combined QuantiSense and Teradata solution. Results to date include decreased stock-outs, improved inventory productivity and fewer markdowns, resulting in a boost in overall sales, QuantiSense reported in a company press release.
Version 6 of the QuantiSense Decision Orchestration Platform™ has been tested to work with all versions of the Teradata Database. The QuantiSense solution includes executive dashboards and personalized Retail Scorebooks™ designed to deliver intuitive business graphics — via desktop or mobile access. Additionally, QuantiSense Retail Playbooks™ help retail executives use leverage best practices and make better decisions across business processes.
With the addition of the Teradata Retail Logical Data Model (RLDM), retailers can extend the scope of the integrated data warehouse and expand their analytical capabilities into other parts of the business, such as those focused on the customer, finance and logistics.
“Combining the QuantiSense and Teradata solutions gives retailers the best of both worlds — a quick return on investment in key aspects of their business with the power to expand the data warehouse across their entire operation,” said Tim Simmons, VP of Retail Industry Marketing for Teradata. “This unique combination of powerful retail analytics and the most scalable platform family available will appeal to companies that want to expand their analysis and to those who want to stand up an integrated data warehouse very quickly.”