Teradata and Antuit.ai Partner to Deliver Pragmatic AI Business Solutions for Retail and CPG
April 27 2021 - 9:00AM
Business Wire
With Teradata Vantage and Antuit.ai Tools,
Joint Customers Can Right-size Inventory and Optimize Assortment
and Pricing
Teradata and Antuit.ai have announced a partnership to help
retailers and consumer packaged goods (CPG) companies digitally
transform their operational decision making and drive revenue
growth. Teradata (NYSE: TDC) is the connected multi-cloud data
platform for enterprise analytics. Antuit.ai is the leader in SaaS
AI Demand Intelligence solutions for supply chain, merchandising
and marketing.
The partnership brings together Teradata Vantage, the modern
multi-cloud data platform for enterprise-scale analytics, and
Antuit.ai’s AI solution portfolio, which delivers incredibly
accurate demand forecasting, demand shaping and omnichannel
inventory optimization. Together, Teradata and Antuit.ai will
deploy the latest AI innovation over the best data platform for
managing the breadth and depth of consumer data to optimize
decision making for demand planning, assortment, allocation and
pricing. The combined cloud-based solution creates the opportunity
for significant return on investment.
“With omnichannel and e-commerce booming, companies need to be
even more exact in their inventory and merchandising decisions
across all sales channels. Leveraging Teradata Vantage and
Antuit.ai enables demand forecasting and merchandise planning
optimization across any multi-cloud environment. This joint
solution is exactly what retail and CPG companies need to create a
competitive advantage in the marketplace right now,” said John
Knieriemen, Industry Vice President, Retail / CPG at Teradata.
“Teradata has long been the data warehouse and data platform of
choice for many of the world’s most forward-thinking retailers and
consumer products companies. We are pleased to offer our AI
solutions to their customer base to help drive transformational
decisions across supply chain, revenue growth management and
merchandising, and we look forward to this partnership,” said
Patrick Smith, Chief Customer Officer of antuit.ai.
About antuit.ai
Antuit.ai is the leader in AI-powered solutions for Forecasting
and Merchandising, empowering world-class retailers and consumer
products companies to digitally transform their businesses and
achieve substantial business results. To learn more, visit
www.antuit.ai.
About Teradata
Teradata is the connected multi-cloud data platform for
enterprise analytics, solving data challenges from start to scale.
We help businesses unlock value by turning data into their greatest
asset. See how at Teradata.com.
The Teradata logo is a trademark, and Teradata
is a registered trademark of Teradata Corporation and/or its
affiliates in the U.S. and worldwide.
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version on businesswire.com: https://www.businesswire.com/news/home/20210427005337/en/
Jennifer Donahue, Teradata 858-485-3029
Jennifer.Donahue@Teradata.com
Mary Pitzer, antuit.ai 1-214-618-0939 mary.pitzer@antuit.ai
Ronald Margulis, RAM Communications 1-908-272-3930
ron@rampr.com
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