Tech Mahindra Launches ShelfMonitor™, Powered by Google Cloud
A comprehensive solution for monitoring on-shelf availability
ORLANDO, Florida, October 9, 2013
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™- 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
(Logo: http://photos.prnewswire.com/prnh/20130118/588985 )
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™ solution is conceptualized and developed at Tech Mahindra's
Retail Digital Enterprise Solution Studio built on NMACSSS (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
"Tech Mahindra has a focused set of DigitalEnterpriseSolutions to help our
customers transform into Digital Enterprises. ShelfMonitor™isaninnovative
solution that will have significant impact on positive customer experience and
increasingthetopline revenues ofGeneral,Food & Grocery
retailers.Beinghosted on Google Cloud Platform, this solution is easy to
deploy," said PravatRath, 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
"ShelfMonitor™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™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™ 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™. 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
intractors,utility vehicles, after-market, information technologyand
Connect with us on http://www.techmahindra.com
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SOURCE Tech Mahindra Ltd.
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