Project Description
The Parker Avery Group Wins Analytics Solution of the Year
Firm’s leading demand analytics platform edges out competitor technologies for breakthrough award
ATLANTA, GA — May 10, 2023 — The Parker Avery Group, a leading retail and consumer brand consulting firm, is pleased to announce that the company’s Enterprise Intelligence solution has won the Analytics Solution of the Year in the 2023 RetailTech Breakthrough Awards.
RetailTech Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies, and products in the global retail technology industry. Their annual awards program is designed to highlight breakthrough technologies and companies that drive innovation and supply exceptional value to customers. With over 1,200 nominations from across the globe, the competition was intense. After thorough review, scoring, and analysis, Parker Avery’s Enterprise Intelligence platform emerged as the leader in the analytics solution category.
Using advanced artificial intelligence (AI), sophisticated machine learning (ML) modeling, and reinforcement learning (RL), Parker Avery’s solution delivers enterprise-wide, connected demand planning through a unified demand signal.
At the heart of Enterprise Intelligence is Parker Avery’s demand analytics platform, designed exclusively for the retail and consumer goods industries. Using advanced artificial intelligence (AI), sophisticated machine learning (ML) modeling, and reinforcement learning (RL), Parker Avery’s solution delivers enterprise-wide, connected demand planning through a unified demand signal. The platform’s open-source architecture provides a stable and accurate demand signal across hierarchy and time.
Further, the demand platform disseminates tens of millions of consumable forecasts across multiple dimensions and metrics with the capacity of using over 70 Tb of input data within a tight overnight window. These dynamic forecasts are updated in near-real time to reflect changes in causal factors and demand drivers across the enterprise.
Enterprise Intelligence has already been deployed in several dominant global retailers. Business results are bolstered by Parker Avery’s business process and change management expertise to ensure end-user adoption and optimal use of the solution. Moreover, Parker Avery’s analytics team, headed by the firm’s Chief Analytics Officer and Managing Partner Sam Iosevich, continues to enhance the platform in collaboration with tenured analytics experts, partnerships with global brands, industry consulting professionals, and relationships in mathematics academia.
This award further validates The Parker Avery Group’s leadership in the retail industry.
About Parker Avery
The Parker Avery Group is a retail and consumer goods consulting firm that helps clients transform through the infusion of deep industry experience with strategy development, business process design, change management, advanced analytics, and solution implementation. The company’s roster of clients includes many of the world’s most prominent retail and consumer brands.
To learn more about The Parker Avery Group, please visit https://parkeravery.com.
About RetailTech Breakthrough
RetailTech Breakthrough is part of the Tech Breakthrough organization, a leading global market intelligence and recognition platform for today’s most competitive categories of technology. Founded in 2014, Tech Breakthrough creates market intelligence and industry recognition programs for companies ranging from Fortune 500 to early-stage startups in today’s most competitive technology sectors. The RetailTech Breakthrough Awards program aims to perform the most comprehensive evaluation of retail technology tools, services, and companies today, with nominations coming in from the best and brightest innovators around the world.