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Digital Wave Technology Named a "Vendor to Watch" in IDC MarketScape for Retail Promotions Management

Digital Wave Technology Named a "Vendor to Watch" in IDC MarketScape for Retail Promotions Management

Business Wire

Published on : Dec 27, 2024

Digital Wave Technology has been named a "Vendor to Watch" in the IDC MarketScape for Worldwide Retail Promotions Management, 2024-2025. The company is gaining attention for its AI-native enterprise solutions designed to streamline data management and optimize retail, consumer goods, and healthcare operations.

 

  1. Recognition in IDC MarketScape:

    • Digital Wave Technology’s AI/GenAI native ONE platform has earned recognition as a leading solution in the IDC MarketScape for Retail Promotions Management.
    • The report highlights the company’s capabilities in providing AI-powered solutions for promo planning, optimization, and other critical business functions.
  2. Key Features of Digital Wave’s ONE Platform:

    • AI/GenAI Native Architecture: The ONE platform integrates all product and customer data into a single, accessible location, eliminating data silos and ensuring consistent, accurate data across all enterprise applications.
    • Low-Code/No-Code Platform: The platform enables rapid application development, significantly reducing development time and cost.
    • Extensibility: Digital Wave’s solutions are highly configurable, allowing businesses to tailor them to meet specific operational needs.
  3. Enterprise Solutions Offered by Digital Wave:

    • Promo Planning and Optimization: Helps businesses optimize their promotional strategies to improve effectiveness and profitability.
    • Additional Enterprise Solutions: Includes PIM/PXM, Merchandise Planning, Assortment Planning, Lifecycle Pricing, Allocation, Replenishment, Order Management, and GenAI Content Management and Marketing.
  4. CEO’s Statement:

    • “Digital Wave Technology is honored to be included as a vendor to watch in this report,” said Lori Schafer, CEO of Digital Wave Technology. “Our platform enables best-in-class pricing solutions alongside a host of enterprise-ready operations and marketing solutions, made possible by unifying company data into a single source of truth.”



Digital Wave Technology’s inclusion in the IDC MarketScape underscores its leadership in delivering cutting-edge solutions for the retail industry. By providing AI-driven data integration and highly configurable enterprise solutions, Digital Wave continues to innovate and drive efficiency across the retail, consumer goods, and healthcare sectors.