To provide capabilities in BI platform for retail decision making space
Manthan Systems, a provider of business intelligence and analytics software, has unveiled ARC 6.0 that features advanced analytics, data mining and optimisation capabilities in their comprehensive performance management suite.
The company said with the new version 6.0, it aims to target the spectrum of decision making from business intelligence (BI) and performance management (PM) to advanced analytics and optimisation, aiming to compete in new areas with a broad range of analytic capabilities.
According to Manthan Systems, the new version comes with a portfolio of analytic products targeted at major functions within retail, like Merchandise Analytics, Finance Analytics, Customer Analytics, Supplier Collaboration and Analytics.
In addition, advanced analytics and data mining capabilities allow retailers to explore data to find patterns, relationships and hidden insights that can be modelled for decision making.
Major optimisation areas include Customer Segmentation, Market Basket Analysis, Customer Churn Analysis, Sales Forecasting, Product Rationalisation, Activity Based Costing Analysis and Product Affinity Analysis.
Atul Jalan, CEO of Manthan Systems, said: With ARC 6.0, I can confidently say that we’re the first and only player in the retail decision making space offering such a broad and complete range of capabilities in a BI platform. When we set out designing ARC 6.0, we aimed at defining retail BI 2.0, and I believe ARC 6.0 is exactly that. You have to see it to believe.
Vikas Gupta, chief technology officer of Manthan Systems, said: In addition to advanced analytics, ARC 6.0 also has more than eighty new and cutting edge features in business intelligence and performance management, including new dashboard and scorecard applications for benchmarking, initiative tracking, course correction, balanced scorecards, to name a few.
“With these best in class capabilities, ARC 6.0 will aim for the leadership position in the retail performance management space.