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October 17, 2023 : RETAILIGENCE, a specialist provider of AI-driven retail category management solutions, has announced plans for a major global expansion following record growth, with revenues reaching over 2500 percent since its launch in 2019.
Founded by retail and tech industry veteran Sid Sarangi, RETAILIGENCE has experienced significant growth, with clients across Europe, the USA, Asia, and Africa. The company has two patents pending and a third in progress.
“We are excited by our current talks with investors and have finalized business plans to build a large global sales and account management capability, with our goal to grow by ten times in the next 18 months,” said Sarangi. “While this may sound too ambitious to most, we know that we have now significantly enhanced our AI based on data from existing clients.”
RETAILIGENCE’s AI-powered platform helps retailers optimize their category management strategies, including product selection, pricing, promotion, and inventory management. The platform uses data from various sources, including sales data, customer data, and market data, to generate insights and recommendations that help retailers improve their profitability and customer satisfaction.
The company’s global expansion plans reflect the growing demand for AI-powered retail solutions around the world. Retailers are increasingly turning to AI to help them to make better decisions and to stay ahead of the competition.
RETAILIGENCE is well-positioned to capitalize on this growing demand. The company has a strong team of experienced professionals who deeply understand the retail industry and AI technology. The company’s platform is also highly scalable and can be customized to meet the needs of retailers of all sizes and industries.
RETAILIGENCE’s global expansion is an exciting development for the retail industry. The company’s AI-powered platform has the potential to help retailers improve their profitability and customer satisfaction.
