SCHAUMBURG, Illinois, January 3, 2012 /PRNewswire/ --
Optimal use of information assets is critical to drive business success in a globalized and competitive retail industry
Peter Charness, President of Manthan Systems USA, will lead the upcoming Big Ideas session at the NRF 2012 when he will engage top practitioners from the retail industry at an insightful session entitled 'Lights! Camera! And finally a BI solution that speaks ACTION!' Asking pertinent questions that highlight critical performance gaps in traditional retail BI, Charness will throw light on some of the futuristic solutions emerging in the space to effectively address these gaps.
Today's organizations are seeing a virtual explosion of data with Gartner's 2010 trend report indicating data volumes that are nearly doubling every 18 months. Retailers are no exception to this data deluge as they deal with massive volumes of data from multichannel retail interactions and innumerable customer touch points.
"Traditional Business Intelligence helped retailers make sense of all this data and transform it into meaningful information. But this is no longer enough today. Information without action is just one more interesting distraction in a retailer's daily operations;" notes Peter Charness, President, Manthan Systems.
Adds Charness; "Retailers are waking up to the need for the right kind of analytics that can not only provide information but also lead associates through alternative choices, and then implement the best outcome through the right execution systems."
The NRF 2012, to be held from 15 - 18 January at New York, brings together some of the world's leading retailers, on a common forum to share ideas, network and discuss technologies to drive the industry forward.
At the Big Ideas session, attendees will have a high-level introduction into the 3rd i, Manthan's game-changing retail analytics product, which fits the bill with advanced capabilities to 'inform, initiate and implement' business critical decisions through appropriate execution mechanisms.
Charness' session at NRF 2012 will be held on Tuesday, January 17, from 9.30 - 10.00 AM at Room 3D09, Expo Hall at the Jacob K. Javits Convention Center, New York City. For more information go to nrf.manthansystems.com.
About Manthan Systems
Manthan Systems produces cutting edge analytic solutions for global retail and CPG organizations. Manthan's award winning products span a wide range of retail segments and formats, having transformed decision making for some of the biggest names in retail across the globe. For more information, visit http://www.manthansystems.com.
SOURCE Manthan Systems