Nuqleous, a leader in B2B SaaS solutions for retail analytics and space planning optimization, has acquired Interactive Edge, a trailblazer in category management and reporting automation. This acquisition integrates Interactive Edge's XP3 BI Cloud platform with Nuqleous' advanced analytics, providing a cutting-edge solution to scale category management, reduce manual workloads, and enhance retailer collaboration.
Key Features of the Acquisition
- Seamless Integration: XP3 BI Cloud, Interactive Edge’s platform, automates custom reports directly within Microsoft Office.
- Scalable Analytics: Combines automation with data insights to enhance productivity without adding resources.
- Advanced Insights: Supports category reviews, line reviews, and joint business plans tailored to specific retailers.
Customer Success Stories
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Global Confectionery Company:
- Automated 7 seasonal deployments and 50+ category reviews across channels.
- Achieved significant growth while supporting 4 retail captaincies with a lean team.
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American Snack Foods Company:
- Reduced report updates across 17 regions from hours to just 19 minutes.
- Recaptured 80% of personnel time, equating to 129 days, for strategic tasks.
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Global Food and Beverage Company:
- Automated 100+ sales and performance reports, saving 90% of time on tactical tasks.
- Enhanced agility in market trend responses and strengthened leadership in the dairy category.
Industry Perspective
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Garrett Levey, Co-CEO of Nuqleous:
- Highlighted XP3’s ability to reduce data management time by up to 80%, allowing teams to focus on growth.
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Zel Bianco, CEO of Interactive Edge:
- Emphasized the transformative potential of merging advanced analytics with customized reporting.
Benefits for Retail Analytics
- Automate retailer-specific category and line reviews.
- Simplify complex data into actionable insights without technical expertise.
- Enhance collaboration with consistent insights for internal and external stakeholders.
- Scale analytics capabilities to meet growing demands efficiently.
The strategic acquisition of Interactive Edge by Nuqleous creates an unparalleled ecosystem for retail analytics and category management. By combining advanced automation and tailored analytics, this partnership promises to transform how category management teams operate, providing deeper insights and fostering stronger retailer relationships.