Tech Mahindra Launches ShelfMonitor(TM), Powered by Google Cloud
A comprehensive solution for monitoring on-shelf availability
ORLANDO, Florida, October 9, 2013 /PRNewswire/ –
Tech Mahindra Ltd. a specialist provider of connected solutions to the connected world
and enabling future digital enterprises, today announced the launch of its retail digital
enterprise solution ShelfMonitor(TM) – Mobile Merchandise Manager. This solution empowers
retail store personnel with intelligent information on potential shelf gaps and real-time
actionable insights, thereby helping retailers improve sales and avoiding lost
As per a survey conducted by Electronic Product Code (EPC), the top 100 retailers have
an estimated loss of $69 billion. One other research from Gartner indicates that out of
stock rates are close to 6-10% for non-promoted items and 18-24% for promoted items.
ShelfMonitor(TM) solution is conceptualized and developed at Tech Mahindra’s Retail
Digital Enterprise Solution Studio built on NMACSSS
[http://www.mahindrasatyam.com/IT-services/NMACS/NMACS.asp ] (Network, Mobility, Analytics,
Cloud, Security, Sensors and Social) technology stack foundation. This solution can be
provided as a service on pay per use model or as in-premise solution. The solution is
hosted on Google Cloud and offers a host of innovative engagement models with a very low
CAPEX requirement from retail customers.
“Tech Mahindra has a focused set of Digital Enterprise Solutions to help our customers
transform into Digital Enterprises. ShelfMonitor(TM) is an innovative solution that will
have significant impact on positive customer experience and increasing the topline
revenues of General, Food & Grocery retailers. Being hosted on Google Cloud Platform, this
solution is easy to deploy,” said Pravat Rath, Head, Retail Practice, Tech Mahindra.
By ensuring an optimum Minimum Presentation Quantity (MPQ) being present at the
shelves, retailers will be able to provide consumers with a wide choice to shop upon and
also create the right impulsive purchase intent with customers. This solution also helps
retailers optimize the store productivity thereby improving the bottom line.
Given the macro-environment with omni-channel initiatives, the customer in-store
experience is one-of-the key focus areas for Brick and Mortar stores. While retailers are
modernizing, digitizing and transforming store systems for better customer experience,
there still exists fundamental challenges in ensuring that right stock is available at the
right time for the consumers on the shelves.
“ShelfMonitor(TM) powered by Google Cloud is one of those cutting-edge solutions,
enabling future digital retail enterprises. The solution is live and tangible and has the
potential to significantly reduce the out-of-stock situation in retail stores. Google has
selected ShelfMonitor(TM) to be showcased at Google Stations during the Gartner
Symposium/ITxpo 2013,” said Brandon Jung – Lead, Cloud Platform Partners, Google.
Tech Mahindra’s Retail practice
serves over 20 of the Fortune 500 customers. The customer focus and bespoke
solutions make us stand out in the Retail and CPG space. We have a strong presence across
the Americas, Europe, Asia and Australia. Our dedicated pools of consultants help clients
add value across the core functions of retail. This team is focused on innovations across
the value chain with specific focus on Omni channel customer engagement, fulfilment, next
generation digital solutions & Supply Chain.
Gartner Symposium/ITxpo is the world’s most important gathering of CIOs and senior IT
executives. The 2013 edition is happening from 06 – 10 OCT, 2013 @ Orlando, Florida, USA.
Tech Mahindra will be showcasing ShelfMonitor(TM) at the event along with Google.
About Tech Mahindra
Tech Mahindra represents the connected world, offering innovative and customer-centric
information technology services and solutions, enabling Enterprises, Associates and the
Society to Rise(TM). We are a USD 2.7 billion company with 83,000 professionals across 49
countries, helping over 560 global customers including Fortune 500 companies. Our
Consulting, Enterprise and Telecom solutions, platforms and reusable assets connect across
a number of technologies to derive tangible business value.
We are part of the USD 16.2 billion Mahindra Group that employs more than 155,000
people in over 100 countries. The Group operates in the key industries that drive economic
growth, enjoying a leadership position in tractors
[http://www.mahindra.com/What-We-Do/Farm-Equipment ], utility vehicles
[http://www.mahindra.com/What-We-Do/Automotive ], after-market
[http://www.mahindra.com/What-We-Do/Aftermarket ], information technology
[http://www.mahindra.com/What-We-Do/Information-Technology ] and vacation ownership
Connect with us on http://www.techmahindra.com
For Further Queries: Aashish Washikar Global Media Relations Phone: +91-40-30675493 Email: email@example.com
SOURCE Tech Mahindra Ltd.