KUALA LUMPUR, Malaysia, June 9, 2011 /PRNewswire/ --
- Malaysia Features Prominently on Manthan's Road Map for the Immediate Future With Plans Underway for Consolidating its Significant Presence on the Malaysian Retail Scene
Award winning provider of Retail BI solutions, Manthan Systems (http://www.manthansystems.com), joins hands with regional Malaysia partner Wincor Nixdorf to host an incisive and illuminating session for retailers entitled 'Action Points in Retail' at the Kuala Lumpur Convention Center on June 09, 2011. The exclusive session targeted at Top Retailers, Merchandising Managers and C-Level Executives from leading Retail Enterprises in Malaysia, is a run-up to a host of similar Discussion Platforms, Industry Forums and Retail Best Practice Workshops that Manthan will be conducting in Malaysia in their effort to make a significant impact to the retail landscape here.
South-east Asia's third largest economy and a vibrant shopping destination, Malaysia is a prominent player in Manthan's expansion strategy in the region. Having already made significant inroads in Malaysia with top-of-the-line deployments at leading retailers Mydin, Bonita, and KL Sogo, Manthan has ambitious plans to further extend reach in the country.
Says Atul Jalan, CEO of Manthan Systems, "Manthan has big plans for Malaysia and envisages immense potential to transform the retail landscape in this market, taking retailers to the next level with the use of advanced analytics, business intelligence and supplier collaboration solutions." For retailers in Malaysia this means an opportunity to leverage Manthan's cutting-edge BI capabilities currently deployed at some of the world's top retailers in the US and Europe, helping them transition to a top-down analytics-driven decision making environment.
Manthan's commitment to the Malaysian market is underlined by their continued engagements with retailers here and their partnership with Wincor Nixdorf, one of the world's foremost IT Solution Providers for retailers and retail banks, further highlights this fact. Also on the cards are future customer acquisitions, events, top line partnerships with regional players and the possibility of a direct Manthan office here, in due course.
The retail segment is growing at a steady pace in Malaysia and the BMI's Malaysia Retail Report, Q2 2011 predicts strong annual retail sales growth from 2011 to 2015. Low unemployment rates, rising disposable incomes and a vibrant tourism industry have helped fuel this. Says Jalan, "With retailers in Malaysia having much to look forward to, Manthan definitely plans to be part of this exciting period in Malaysia's growth."
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SOURCE Manthan Systems