/* ---- Google Analytics Code Below */

Wednesday, February 15, 2012

IBM Announces Completion of DemandTec Acquisition

Announced today.  The integration of the DT abilities into IBM's Smarter Commerce effort makes much sense.  Looking forward to see the details of how it will all integrate together.   I have followed DT here since their first presentation to our innovation center in 1999:

" ... IBM Smarter Commerce on Cloud gives companies broader insights about customer merchandising and pricing preferences to better market, sell and deliver their products and services," said Craig Hayman, General Manager of Industry Solutions at IBM. "With IBM and DemandTec, marketing and sales executives in retail, CPG and other industries will be able to deliver the best prices and product mix based on consumer buying trends."

DemandTec delivers cloud-based analytics software to help organizations improve their price, promotion, and product mix within the broad context of enterprise commerce: retail, business-to-consumer, and consumer goods. As a result, companies can spot trends and shopper insights to make better price, promotion, and assortment decisions that increase revenue and profitability. By gaining a quick analysis of consumer trends, for example, a category manager at a consumer products company can collaborate with the retailer to understand price elasticity and set a more competitive price point.... "

No comments: