SOURCE: Profitect


April 21, 2016 10:52 ET

Profitect Selected as First Place Winner and Retailers' Choice Winner at the RILA Innovation Awards

Industry Recognition Validates Profitect's Leading Prescriptive Analytics Solution and Commitment to Delivering Outstanding Customer Experiences

WALTHAM, MA--(Marketwired - April 21, 2016) - Profitect Inc., the leading prescriptive analytics provider for the retail industry, today announced that it has been named a first place winner and the retailers' choice winner for the Retail Industry Leaders Association (RILA) 2016 Innovation Awards. These achievements showcase the value the Profitect solution and the team bring to retail brands.

"Winners were chosen by our team of expert judges because their innovative solutions exemplify our industry's dedication to asset protection," said Lisa LaBruno, RILA's senior vice president of retail operations. "It was an honor to be able to recognize their developments before their peers in Dallas."

The RILA Innovation Awards are designed to showcase the most cutting-edge, retail technologies within the major areas of asset protection. Winners of the Innovation Awards address retail AP challenges, reduce shrink, improve the customer experience and showcase innovative market capabilities.

"Industry recognition from RILA in the form of two award wins is a direct result of our unparalleled commitment to our customers, partners and employee success," said Guy Yehiav, CEO of Profitect. "I am proud and humbled to be leading an organization that is paving the way for the business intelligence industry as it continues to grow and evolve. As the need for prescriptive analytics increases, I am honored to work alongside employees that have created a solution that provides exceptional results to customers."

Winners of the Innovation Awards were recognized at the Retail Asset Protection Conference in Dallas, Texas on Tuesday, April 19th. Award recipients represent the most visionary and influential solution providers and serve as a model for exciting new technologies in major areas of asset protection.

About Retail Industry Leaders Association (RILA)
RILA is the trade association of the world's largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers. 

About Profitect
Since 2012, Profitect has helped companies leverage existing big data investments to identify, resolve, and measure opportunities for improvement by delivering actionable prescriptive analytics to the right person, at the right time.

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