Retail

Bridal Cosmetics E-Commerce Luxury Office Products Supply Chain Management
News Release Digital Asset Direct

ToolsGroup Announces New User Interface for Enhanced User Experience and Supply Chain Performance

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is announcing the launch of a dramatically improved user experience for its industry-leading Service Optimizer 99+ (SO99+) supply chain planning solution. SO99+ release 8.62 introduces a sleek and modern interface, incorporating the latest UI/UX design principles. This reflects ToolsGroup’s continued commitment to creating products that are intuitive and user-friendly, leading to greater adoption and improved business performance. With a clean, sophisticated interface and feature enhancements, SO99+ aligns the latest software design trends with user requirements to elevate the user experience. While familiar favorite capabilities remain – including personalized dashboards and custom alerts – ToolsGroup has also added important new capabilities to SO99+ in this release, such as enhanced seasonality clustering and aggregate forecasting functions. The latest enhancements make it easier than ever for companies to leverage machine learning, streamline processes, and maximize efficiency, empowering teams to make better, faster planning and execution decisions. “At ToolsGroup, we pride ourselves on our close collaboration with our customers, gathering their input to continuously improve our product so that we can empower users to navigate the supply chain,” said Sahil Gupta, Chief Product Officer. “This refresh of our user interface is the result of deep conversations with the people who work closely with our software to plan on a day-to-day basis and the latest trends in modern web design. Ultimately, our goal is to deliver AI-powered supply chain solutions that are easy to use – as this is how modern users are best able to drive business results.” “Our customers rely on SO99+ every day to drive the supply chain decisions that power enhanced business performance and customer experience. We have been eagerly anticipating the new user interface and look forward to imminently implementing a wealth of enhanced capability,” said James Triggs, Managing Director at Brookes Supply Chain Solutions. “We’re thrilled to collaborate with such a dynamic and technologically innovative supply chain technology partner that we have in ToolsGroup.” Watch ToolsGroup’s new SO99+ product video for a first look at the enhanced interface HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

October 05, 2023 09:00 AM Eastern Daylight Time

Image

Energy Efficient Crypto Miners Maximize Profits

ASICRUN

ASICRUN has recently introduced three energy efficient crypto miners that are helping users maximize their mining profits. These power-packed ASIC miners are capable of mining Bitcoin, Litecoin, and Dash, delivering unmatched performance and ease of use. Most Powerful Miners AR1, AR2, and EliteAR miners from ASICRUN are arguably the most powerful mining rigs ever because of their high hash rates. Many industry experts strongly believe that the hash rates of these mining rigs are unprecedented in the industry. AR1 Miner: Bitcoin 1050 TH/s, Litecoin/Doge 400 GH/s, Dash 20 TH/s AR2 Miner: Bitcoin 2200 TH/s, Litecoin/Doge 900 GH/s, Dash 45 TH/s EliteAR Miner: Bitcoin 4900 TH/s, Litecoin/Doge 2200 GH/s, Dash 100 TH/s Energy Efficiency and Profit Maximization Though ASICRUN miners have very high processing power, their energy consumptions are moderate. AR1, AR2, and EliteAR have consumptions of 650 W, 1300 W, and 2800 W, respectively, translating into monthly energy expenditures ranging from $50 to $250 only. This is a key factor behind the high profitability of ASICRUN miners. Mentioned below are the projected monthly profits for AR1, AR2, and EliteAR. Another important advantage of ASICRUN miners is their ease of use. Unlike any other mining hardware designed so far, the rigs from ASICRUN require no prior mining experience or knowledge. This has allowed many common mining enthusiasts to start crypto mining successfully. To maximize mining profits of its customers, ASICRUN covers the delivery and custom fees for them. The products are delivered across the globe within just seven days. The company also provides comprehensive warranty coverage for all hardware and software problems. “High energy cost has always been an obstacle to profitable mining for many. If you are tired of losing your time and hard-earned money on power-hungry mining rigs, ASICRUN is here for you. Whether you are a seasoned mining expert or just a small time enthusiast, you would love using our powerful, user-friendly, and high-profit mining hardware,” said Matias Kotila, CTO from ASICRUN. To find out more, please visit https://asicrun.com/ About Us: ASICRUN is a technology company headquartered in Hong Kong with multiple offices across the globe. Led by a team of noted industry experts, the company is dedicated to improving the cryptocurrency mining space by leveraging the unique capabilities of the latest ASIC technology. Contact Details David Warner press@asicrun.com

October 05, 2023 05:34 AM Eastern Daylight Time

Image

Murgado Automotive Group Acquires Two Mercedes-Benz Dealerships in Central Virginia

Murgado Automotive Group

Murgado Automotive Group, a leading automotive retailer with dealer franchises in Florida, Illinois, and New Jersey, today proudly announced its acquisition of two Mercedes-Benz dealerships in Central Virginia. The addition of Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian marks the 25th and 26th dealerships, respectively, to join the Murgado Automotive Group portfolio. The company represents many of the top global automotive brands, ranging from economy to ultra-luxury vehicles. This acquisition aligns with Murgado Automotive Group's long-term strategic plans for expansion into burgeoning markets across the eastern and midwestern regions of the United States. The sale closed on October 3, 2023. No staffing changes have been announced. “Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian have been top performers for decades in Central Virginia,” said Mario Murgado, CEO of Murgado Automotive Group. “I want to thank both the McGeorge family for working with us on this opportunity, and Mercedes-Benz for trusting our company to build on the legacy of the dealerships and one of the most recognizable brands in the world.” Mercedes-Benz has been part of the McGeorge family of dealerships since 1968, as the dealership group has moved and expanded its facilities to better serve Central Virginia's luxury car marketplace. “It's humbling to succeed a dealership group that has been built from the ground up and is now run by a third-generation leader,” said Murgado. “We, too, are passionate about our family-owned operations and are eager to introduce our unique brand of automotive retailing to Central Virginia, all while honoring our predecessors and Mercedes-Benz." Murgado Automotive Group, founded in Miami, Fla. in 2001, is a family-owned and operated automotive retailer with 26 dealer franchises in Florida, Chicago, New Jersey, and now Virginia. The company represents leading automotive brands, including Acura, Alfa Romeo, Audi, Bentley, BMW, Buick, Cadillac, Ferrari, GMC, Honda, Infiniti, Maserati, Mazda, Mercedes-Benz, Porsche, and Volkswagen. With a commitment to exceptional customer service and operational excellence, Murgado Automotive Group has been recognized as one of the top automotive retailers in the United States. More information is available at MurgadoAutomotiveGroup.com. Contact Details John P. David +1 305-724-3903 john@davidpr.com Company Website http://www.MurgadoAutomotiveGroup.com

October 03, 2023 02:18 PM Eastern Daylight Time

High Performance Crypto Miners Disrupt the Market

ASICRUN

ASICRUN is well and truly on its way to causing a serious disruption in the crypto mining market. The company’s new AR1, AR2, and EliteAR miners have taken mining efficiency to unforeseen levels with their high hash rates. Market Leading Hash Rates *AR1 Miner: Bitcoin 1050 TH/s, Litecoin/Doge 400 GH/s, Dash 20 TH/s *AR2 Miner: Bitcoin 2200 TH/s, Litecoin/Doge 900 GH/s, Dash 45 TH/s *EliteAR Miner: Bitcoin 4900 TH/s, Litecoin/Doge2200 GH/s, Dash 100 TH/s Power Consumption: AR1 Miner: 650 W, AR2 Miner: 1300 W, and EliteAR Miner: 2800 W Potential Mining Profits As a result of their superior hash rates, ASICRUN miners are capable of earning block rewards with considerable ease compared to other miners. Summarized below are the potential monthly profits for the three miners. Hardware Bitcoin Litecoin Dash AR1 $1,897 $3,474 $3,591 AR2 $3,974 $7,813 $8,011 EliteAR $8,853 $19,700 $17,400 Easy to Use Interestingly, ASICRUN miners are not just about making handsome profits. In spite of the growing popularity of crypto mining, common people have not been able to benefit from it because of its complexity. ASICRUN is looking to bring a paradigm shift here by creating a suite of hardware that can be used by all. These plug-and-play mining rigs come preconfigured, and only need to be connected to a power source to start mining. There isn’t a great deal of additional expenses involved because these machines have minimum system requirements. The company has its own mining pool that can be accessed for free by all its customers. ASICRUN delivers its miners all over world with a delivery time of just 7 working days. Buyers pay nothing for delivery and customs because both these fees are covered by the company. All purchased products come with comprehensive warranty against all software and hardware related problems. “Gone are the days where only seasoned pros could profit from crypto mining. Our advanced ASIC miners were designed with the goal of opening up the market by allowing everyone to be part of the fun,” said Matias Kotila, CTO from ASICRUN. To find out more, please visit https://asicrun.com/ About Us: ASICRUN is a technology company headquartered in Hong Kong with multiple offices across the globe. Led by a team of noted industry experts, the company is dedicated to improving the cryptocurrency mining space by leveraging the unique capabilities of the latest ASIC technology. Contact Details David Warner press@asicrun.com

October 03, 2023 10:32 AM Eastern Daylight Time

Image

Hammer & Nails Embarks on Expansion in the Thriving $80 Billion Men's Grooming Sector

Hammer and Nail

Hammer & Nails, a premier men’s grooming franchise, has announced a strategic 60-unit expansion plan for Texas, led by seasoned area developer Frank Muller. This significant move will enhance the brand’s presence in major Texas markets, including Dallas, Austin, Houston, and San Antonio. SRS Real Estate Partners’ Jack Dawson, Wes Babb, Drew Allen, and Ed Heap will lead site selection in those markets. “There’s a high demand in the market for these services,’” said Jack Dawson, SRS First Vice President. “We’re looking forward to partnering with Hammer & Nails to expand this innovative concept throughout Texas. After recording a remarkable 55% YoY membership growth and a 72% increase in overall revenue compared to 2022, Hammer & Nails is on an upward trajectory. The brand currently has over 70 licenses in development in addition to an existing footprint of 27 locations nationwide. Muller's Texas additions will complement the 70 currently under development. Aaron Meyers, CEO of Hammer & Nails, states, "The modern man is craving a place that is just for them. A place that treats them with respect and helps them look and feel their best. They are tired of impersonal take-a-number chop shops. Hammer & Nails addresses this underserved market by offering flexible, budget-friendly membership options while delivering a luxury experience.” On the partnership with Muller, Meyers adds, "Collaborating with Frank to fully tap into the Texas market marks a company milestone as the Hammer & Nails family celebrates its 100 th location in active development. Frank's expertise, network, and track record ensure our Texas expansion will be a resounding success. This partnership underscores and highlights franchise owners' appreciation of the market potential and the sustainable advantage our unique business model offers." Muller's choice to partner with Hammer & Nails is the result of an in-depth assessment of investment opportunities in Texas. He remarks, "In a booming industry saturated with generic options, Hammer & Nails stands out as a beacon of quality and innovation. The brand’s dedication to elevating the male grooming experience while offering a sustainable and profitable business model made it an irresistible investment opportunity. I’m thrilled to contribute to this dynamic brand's growth in Texas." Beyond Texas, Hammer & Nails is poised to open new locations in established areas throughout Florida, Georgia, Illinois, New York, Connecticut, New Jersey, Oregon, and California. Projections indicate that the men’s grooming industry is expected to grow from $80B to $115B by 2028, as reported by CNN. CNN further reports that current demand and projected spending are strong, with an estimated 389% surge in interest by men on TikTok concerning their grooming habits. Hammer & Nails is uniquely positioned to capitalize on this growth. Interested franchise partners can explore opportunities at https://hammerandnailsfranchise.com/. Hammer & Nails is a distinguished grooming destination dedicated to providing men with an exceptional grooming experience in an upscale environment. With a focus on quality, relaxation, and rejuvenation, Hammer & Nails has become synonymous with luxury in the grooming industry. Robert "Frank" Muller, Jr. is the Hammer & Nails area developer for Texas, orchestrating the acquisition of a substantial 60-unit expansion that sprawls across the state. Notably, Muller is also a distinguished distribution executive with a remarkable career that spans three decades within the financial sector. During his impressive tenure, he has adeptly spearheaded the strategic direction of multiple enterprises, diligently facilitating access to esteemed managers and exclusive investment prospects. Muller’s proficiency lies in constructing and overseeing intricate multi-channel distribution frameworks for investment management firms, showcasing his keen acumen for optimizing outreach. His multifaceted expertise in finance and strategic expansion underscores his exceptional reputation as a leader in the industry. Contact Details Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://hammerandnailsgrooming.com/

October 02, 2023 05:56 PM Eastern Daylight Time

Image

Industrial ETF ‘XLI’: A Gateway to Infrastructure Revitalization and Industrial Expansion

Select Sector SPDR

The nation's focus on renewing its infrastructure, including railroads, aviation, and heavy machinery, has spurred a surge in demand for industrial space and has consequently been a catalyst for job creation in these sectors. As the country invests in revamping its infrastructure, the industrial sector represents an exciting opportunity, with sectors such as aerospace and defense, construction and engineering, and electrical equipment leading the charge. An exchange-traded fund (ETF) such as the Industrials Select Sector SPDR Fund (XLI) offers an accessible method of gaining exposure to this burgeoning industrial sector, a potential component of any diversified portfolio. The Industrials Select Sector SPDR Fund (XLI) consists of 75 U.S. stocks* representing key subsectors that fuel the U.S. economy. XLI tracks a market cap-weighted index of industrial-sector stocks drawn from the S&P 500, holds over $14 billion in assets under management, and has a 0.10%** annual expense ratio, making it one of the most efficient and most tradeable ways to gain access to this important sector. The top 10 holdings for XLI are: Caterpillar Inc. (4.67%) Union Pacific Corp. (4.23%) Honeywell International Inc. (4.17%) General Electric Co. (4.09%) Boeing Co. (3.82%) United Parcel Service, Inc. Class B (3.78%) Deere & Co. (3.61%) Raytheon Technologies Corp. (3.60%) Automatic Data Processing (3.29%) Lockheed Martin Corp. (3.11%) Caterpillar, Union Pacific, Honeywell, General Electric and Boeing are dominant by market capitalization in this sector. Aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road, and rail are all represented by XLI. XLI is employed by investors ranging from institutional, broker-dealers, financial advisors, and individuals to open the door to this important diversification vehicle, packed in the efficient and low-cost ETF wrapper. The foundation of any economy lies in the manufacturing of goods and their distribution to businesses and consumers. XLI provides investors with access to this fundamental process that is vital to the daily operations of commerce, retail, and services. Understanding the significance of each of the core 11 sectors of Select Sector SPDR ETFs is crucial when building a diversified portfolio, as it aids investors in their journey towards meeting their investment goals. For investors of all sizes, XLI can serve as an excellent entry point to consider. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. * Holdings, Weightings & Assets as of 9/15/23 subject to change ** Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006898 EXP 11/30/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 02, 2023 07:54 AM Eastern Daylight Time

Grooming Game Changer: Hammer & Nails Raises the Bar in the $80 Billion Dollar Men’s Grooming Industry

Hammer and Nail

Hammer & Nails Grooming for Guys, the trailblazing pioneer in comprehensive men's grooming experiences, has unveiled an ambitious growth strategy. They have signed a strategic 12-unit expansion plan for Florida, led by Franchisees Sergio Ozeken and Jon Robinson. This visionary move will establish new Hammer & Nails establishments in key Floridian markets, Miami and Tampa. These remarkable achievements underscore the robust demand within the men's grooming sector, propelling Hammer & Nails into a rapid expansion phase, boasting over 70 licenses actively in development in addition to the 27 existing thriving locations nationwide. "We are thrilled to embark on this exciting partnership with Sergio and Jon to bring our concept to life in Florida," explains Aaron Meyers, President & CEO of Hammer & Nails. "Sergio and Jon bring an ideal blend of experience and passion to help power our rapid expansion in the Sunshine State. The swift growth of our unique model demonstrates that franchise owners recognize the immense market potential in the men's grooming sector, ensuring both quick expansion and long-term stability." These forthcoming ventures augment the ongoing growth of the brand. When asked about the pivotal factors that distinguished Hammer & Nails, Sergio Ozeken enthusiastically asserts, "I firmly believe that Hammer & Nails represents the future of men's grooming by offering a comprehensive array of services all under one roof. This concept is unparalleled, particularly in the vibrant Miami market. I am incredibly excited!" Jon Robinson, the franchisee for Hammer & Nails in the Tampa area, shares Sergio’s conviction, "Partnering with Hammer & Nails to introduce this concept to Florida is a thrilling endeavor. In this era of growing male interest in grooming and self-care, Hammer & Nails stands ready to redefine the industry. Tampa is in for an exciting transformation, and I’m excited to be part of this dynamic journey!" Looking beyond the horizon of Florida, Hammer & Nails is poised to open new locations across the United States, including Georgia, Illinois, Connecticut, New Jersey, Tennessee, Texas, and California. This strategic nationwide progression mirrors the brand's unwavering commitment to disrupting the burgeoning men's grooming sector with its scalable and proven business approach. Overall, men’s attitudes toward grooming have recently changed across all age demographics, with over 50% either having a daily skincare routine or feeling skincare and grooming are very important, according to a 2022 Ipsos study. Harnessing its distinctive and comprehensive service repertoire, Hammer & Nails is strategically positioned to seize this exponential growth trajectory. Hammer & Nails is seeking dynamic franchise partners nationwide to join this remarkable journey. For a deeper insight into development prospects, kindly explore https://hammerandnailsfranchise.com. Hammer & Nails Grooming for Guys is a distinguished grooming destination dedicated to providing men with an exceptional grooming experience in an upscale environment. With a focus on quality, relaxation, and rejuvenation, Hammer & Nails has become synonymous with luxury in the grooming industry. Contact Details Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://hammerandnailsgrooming.com/

September 29, 2023 01:47 PM Eastern Daylight Time

Image

ToolsGroup Acquires Evo for Industry-Leading Responsive AI

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo, a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization. The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. “The acquisition of Evo brings together two companies with complementary products, values, visions, and customers,” said ToolsGroup CEO, Inna Kuznetsova. “ToolsGroup is a leader in Dynamic Planning, and the addition of Evo extends that lead with dynamic price optimization. The Evo capabilities in non-linear optimization, quantum learning, and advanced prescriptive analytics will enable us to make the next leap in our journey toward Decision-Centric Planning. And Evo’s responsive AI gives us an essential ingredient to deliver the autonomous supply chain of the future. Evo’s technology directly supports our mission to make the supply chain a force for good, and we are excited to welcome the Evo team to our company.” Dr. Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. Our goal is to make the complex science of artificial intelligence easy to use and deliver products that don’t just work, but work for you. Joining together with ToolsGroup will allow us to extend the impact we can deliver beyond pricing and inventory optimization, to better decision making across the entire value chain.” ToolsGroup supports over 400 customers in optimizing their inventory to meet service level or assortment requirements while achieving the best financial outcomes. By combining the proven data science capabilities of Evo, with the end-to-end capabilities and mature ML models of ToolsGroup’s retail and supply chain planning applications, organizations can truly optimize business outcomes. Customers using ToolsGroup will deliver the right product to the right customer at the right time – and now, with EvoAI, at the right price. “At Event Network, we aim to optimize the retail potential of experiential attractions. Pricing is critical for achieving that objective, but the inherent complexity of our business and of the broader retail landscape created a challenge to get timely, relevant insights,” said Evo customer, Larry Gilbert, CEO of Event Network. “EvoAI pricing optimization provides sustainable innovation, supporting our delivery of the outstanding guest experiences we aim for. We are very excited about this new chapter in Evo's journey.” Following a significant investment in 2021 from tech-focused private equity firm Accel-KKR, ToolsGroup has expanded its product offerings through the Just Enough demand management acquisition in 2021 and Onera retail execution acquisition in 2022. In August 2023, ToolsGroup was listed among the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions (Midmarket Context). Park Durrett, Managing Director at Accel-KKR, stated, “We’re pleased to support ToolsGroup’s commitment to deliver continuous innovation that help customers optimize their supply chain operations. The Evo acquisition is part of an ongoing strategic plan to ensure that ToolsGroup remains the category leader at delivering strategic solutions and unlocking new value for customers.” Resources · Learn more about the acquisition HERE. · EvoAI achieves Quantum Learning · Evo HBR article · Evo Harvard case study About Evo Since 2015, Evo has used revolutionary prescriptive AI to help managers around the world make better business decisions. Our easy-to-use AI applications optimise planning across pricing, inventory, customer scoring and retention. With EvoAI, clients set the business goals and direct the strategy, and the app shows the best inventory levels, prices, and offers to help to achieve them. Evo has a track record of generating over $300 million in profit for its clients, unique patents, and results published in multiple Harvard Business School cases. Evo is the AI company that bridges the gap between management and data to drive impact. About ToolsGroup ToolsGroup, a global leader in retail and supply chain planning and optimization software, is backed by leading tech-focused private equity fund Accel-KKR. ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

September 27, 2023 09:00 AM Eastern Daylight Time

Image

ToolsGroup acquisisce Evo e integra l’AI reattiva leader di settore

ToolsGroup

ToolsGroup, leader globale nel software di pianificazione e ottimizzazione della supply chain, annuncia oggi l'acquisizione di Evo, fornitore di soluzioni di intelligenza artificiale (AI) e machine learning (ML) per l'ottimizzazione delle prestazioni aziendali. L’integrazione delle funzionalità AI reattive di Evo con le suite ToolsGroup Service Optimizer 99+ (SO99+) e JustEnough® offrirà ai clienti la soluzione per l’ottimizzazione in tempo reale della supply chain e l’ottimizzazione dei prezzi più efficiente disponibile sul mercato. "L'acquisizione di Evo unisce due società con visione e valori comuni, e con prodotti e clienti complementari", ha affermato Inna Kuznetsova, CEO di ToolsGroup. “ToolsGroup è leader nella pianificazione dinamica ed Evo estende l’offerta con l'ottimizzazione dinamica dei prezzi. Le funzionalità di Evo nell'ottimizzazione non lineare, nell'apprendimento quantistico (Quantum Learning) e nell'analisi prescrittiva avanzata ci consentiranno di fare il prossimo passo avanti nel nostro viaggio verso la pianificazione centrata sulle decisioni. E l’intelligenza artificiale reattiva di Evo ci fornisce un ingrediente essenziale per delineare la supply chain autonoma del futuro. La tecnologia di Evo supporta direttamente la nostra missione di rendere la supply chain una forza positiva e siamo entusiasti di accogliere il team Evo nella nostra azienda”. Fabrizio Fantini, fondatore e CEO di Evo, ha commentato: "Insieme a ToolsGroup possiamo costruire la supply chain del futuro, in grado di supportare le organizzazioni nella definizione di un processo decisionale più intelligente, con funzionalità di calcolo ottimali per il pricing e la gestione dell’inventario. Il nostro obiettivo è rendere la complessa scienza dell'intelligenza artificiale facile da usare, e fornire prodotti che non solo funzionano, ma creano valore per i clienti. L'acquisizione da parte di ToolsGroup ci consentirà di estendere la portata della nostra tecnologia per migliorare il processo decisionale lungo l'intera catena del valore". ToolsGroup supporta oltre 400 clienti nell’ottimizzazione delle scorte, con l’obiettivo di soddisfare i livelli di servizio pianificati e i requisiti di assortimento, migliorando i risultati finanziari. Combinando le comprovate capacità di data science di Evo con le funzionalità end-to-end e i modelli ML avanzati delle applicazioni di pianificazione retail e della supply chain di ToolsGroup, le organizzazioni possono davvero ottimizzare i risultati aziendali. Combinando le comprovate capacità di data science di Evo con le funzionalità end-to-end e i modelli ML avanzati integrati nelle soluzioni di pianificazione di ToolsGroup, le organizzazioni possono potenziare le performance aziendali. I clienti ToolsGroup potranno sempre garantire il prodotto giusto al cliente giusto nel momento giusto - e ora, con Evo, al prezzo giusto. “Evo ha completato con successo il suo percorso di crescita in I3P, l’Incubatore di Imprese Innovative del Politecnico di Torino, tanto da meritarsi nel 2021 il premio di Startup dell’Anno. Siamo orgogliosi del raggiungimento di questo nuovo importante traguardo, che dimostra pienamente la qualità e il valore delle tecnologie AI sviluppate da Evo nel corso degli anni”, ha commentato Giuseppe Scellato, Presidente di I3P. ToolsGroup ed Evo condividono un solido legame con il mercato italiano, noto per la sua ricchezza e complessità nei modelli di business. Proprio in Italia, infatti, entrambe le aziende hanno avviato lo sviluppo e la sperimentazione della loro tecnologia innovativa, destinata a ottenere presto riconoscimento a livello globale. Larry Gilbert, CEO di Event Network, cliente di Evo, ha aggiunto: "In Event Network miriamo a ottimizzare il potenziale della vendita al dettaglio esperienziale. La definizione del prezzo è fondamentale per raggiungere questo obiettivo, ma la complessità intrinseca della nostra attività e del più ampio panorama retail ha aperto una sfida per ottenere informazioni tempestive, accurate e pertinenti. La soluzione Evo di ottimizzazione dei prezzi ha fornito innovazione sostenibile, supportandoci nel nostro obiettivo di offrire esperienze eccezionali. Ogni retail manager può trarre vantaggio dalle informazioni dettagliate sul pricing che solo l'intelligenza artificiale permette, e siamo entusiasti di questo nuovo capitolo nel viaggio di Evo". A seguito di un importante finanziamento da parte del fondo di investimento Accel-KKR, focalizzato nel settore tecnologico, ToolsGroup ha ampliato il portafoglio prodotti tramite l’acquisizione di Just Enough nel 2021 e di Onera nel 2022. Nell'agosto 2023, ToolsGroup è stata inclusa nel Gartner® Magic Quadrant™ per le soluzioni di pianificazione della supply chain (Midmarket Context). Park Durrett, Managing Director di Accel-KKR, ha dichiarato: “Siamo lieti di sostenere l’impegno di ToolsGroup verso una continua innovazione per aiutare i clienti a ottimizzare i processi della supply chain. L’acquisizione di Evo fa parte di un piano di crescita che mira ad assicurare a ToolsGroup una posizione di leadership nella fornitura di soluzioni strategiche e nella creazione di valore per i clienti”. Risorse Scopri di più su questa importante partnership. EvoAI achieves Quantum Learning (testo in inglese) Evo - Articolo su Harvard Business Review (testo in inglese) Evo - Harvard case study (testo in inglese) ToolsGroup ToolsGroup, leader globale nel software di pianificazione e ottimizzazione della supply chain, è partecipato dal fondo di private equity Accel-KKR. Con le sue innovative soluzioni basate sull'intelligenza artificiale, ToolsGroup consente a produttori, distributori e retailer di navigare con successo nell’incertezza della supply chain. Le nostre suite di pianificazione retail e della supply chain consentono un processo decisionale di livello avanzato intelligente e flessibile, e garantiscono miglioramenti tangibili in termini di accuratezza delle previsioni di vendita, livelli di servizio e scorte, soddisfacendo i clienti e raggiungendo KPI finanziari ed ESG. Per maggiori informazioni, seguici su LinkedIn, Twitter, YouTube, o visita www.toolsgroup.com. Evo Dal 2015, Evo utilizza l’approccio rivoluzionario dell’intelligenza artificiale prescrittiva per migliorare i processi decisionali. Le nostre applicazioni AI di facile utilizzo supportano e ottimizzano i processi di pricing, gestione dell’inventario, scoring e fidelizzazione dei clienti. Con EvoAI, i clienti definiscono gli obiettivi aziendali ed eseguono la strategia, e l'app mostra i valori ottimali per scorte, prezzi e offerte utili a centrare tali obiettivi. Evo ha una comprovata esperienza nel generare oltre $300 milioni di profitti per i suoi clienti, vanta brevetti unici e risultati su casi reali pubblicati dalla Harvard Business School. Evo è la società di intelligenza artificiale che colma il divario tra gestione aziendale e dati per generare risultati tangibili. About ToolsGroup ToolsGroup, a global leader in retail and supply chain planning and optimization software, is backed by leading tech-focused private equity fund Accel-KKR. ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan Public Relations, LLC Meir Kahtan +1 917-864-0800 mkahtan@rcn.com ToolsGroup Angela Iorio +39 02 8706 4250 aiorio@toolsgroup.com Company Website https://www.toolsgroup.com

September 27, 2023 09:00 AM Eastern Daylight Time

Image

1 ... 23 24 25 26 27 ... 95