20 Most Promising Retail Software Companies - 2014

The Indian retail industry has been on an upward growth trajectory for the past few years. The industry which comprises of the organized and unorganized sector is currently estimated at $490 billion. As the mom and pop stores make way for swanky shopping destinations, the use of technology as an enabler has also come in the spotlight. Trends such as e-commerce, omni-channel retailing and multi-channel retailing are gaining momentum as the needs of the consumer have altered and they expect a seamless shopping experience across all channels, be it mobile, web, or in brick and mortar stores. Retailers face challenges such as accumulating and analyzing data related to consumers and their preferences; system integration between manufacturer and consumer to follow sales information; an efficient Supply Chain Management system to keep track of product information from a manufacturer etc. This has put the onus on software solution providers who must come up with innovative and effective solutions that can help both, e-retailers as well as brick and mortar stores function better. The market today has several players who offer software solutions for the retail industry however, it is essential to pick out the company that addresses your organization’s specific requirements. To help you make the choice CIOReview presents to you ’20 Most Promising Retail Software Companies. These companies are helping retailers evolve with time and gain an edge over their competitors. A distinguished panel comprising of CEOs, CIOs, industry analysts and CIOReview editorial team scrutinized various companies before finalizing the Top 20 names.

We present to you CIOTechOutlook 20 Most Promising Retail Software Companies - 2014.