Common software platform leverages store, employee, inventory and shopper intelligence to optimize retail operations
New York, NY - NRF Convention (Booth #775) – January 16, 2012 – Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions sold through ADT Security Services, Inc., and authorized business partners worldwide, today announced the Integrated Store Performance Platform, combining Tyco’s leading store performance and security solutions to break down traditional retail operational silos and promote holistic decision making in the store.
The software platform leverages Tyco’s store performance and security solutions to capture, interpret, report and intelligently respond to real time operational data from stores, employees, inventory and shoppers to optimize retail operations. Designed to help retailers address a number of objectives – optimize inventory, increase conversion rates, minimize shrink, drive employee productivity and/or enhance overall store performance--the integrated platform leverages Tyco’s 45 years of excellence in retail and arms retailers with real time intelligence to make strategic business decisions.
The integrated platform delivers interoperability across a wide variety of sensor devices (EAS, RFID, Traffic, Video) and based on “cross sensor” data analysis, retailers gain unprecedented in-store and enterprise level intelligence. Leveraging Tyco’s common software platform, retailers may minimize redundant costs associated with supporting multiple silo based or point solution sensor technologies, minimize implementation, support and maintenance costs and reduce time to deployment and value. The platform scales to support multiple sensor technologies and is flexible to meet a retailer’s changing needs.
Benefits of the Store Performance Platform include:
- Strategic capability to drive innovation and performance in the store
- Opportunity to reduce / consolidate overall store infrastructure and complexity
- Lower operating, ownership, and energy costs
- Increase functionality by leveraging other complementary data sources
“Our goal is to arm retailers with valuable store intelligence to fuel their retail operations,” said Scott Clements, President, Tyco Retail Solutions. “By integrating our portfolio of mission critical solutions and services, we now offer the market a comprehensive solution to address today’s most pressing retail challenges. Our platform will help retailers not only increase profitability and ensure customer satisfaction, but also gain a competitive edge by offering real-time integrated access to valuable store, employee, inventory and shopper intelligence to support critical business decisions.”
As an open standards based platform, third-party sensors, systems, and solutions may also be integrated, extending their useful life and value. Earlier today Tyco announced the first formal teaming relationship with Reflexis, Inc., a leading provider of retail workforce/task management solutions. By combining Tyco’s innovative solutions such as Inventory Visibility and Traffic Intelligence with the Reflexis Adaptive Real-Time Execution platform, retailers will be able to better understand key data about their inventory, shoppers and associates, and intelligently respond to events as they happen in stores to increase on-shelf availability and improve customer satisfaction.
About Tyco Retail Solutions
Tyco Retail Solutions, a unit of Tyco International, is a leading global provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world’s top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations, optimize profitability and create memorable shopper experiences.
The Tyco Retail Solutions portfolio for retailers is sold through ADT Security Services Inc., and authorized business partners around the world. For more information, please visit www.tycoretailsolutions.com.