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Top 10 Retail Tech Companies - 2021

At the start of the pandemic, there was panic buying, retail store closures, and a surge in online demand. However, nationwide lockdowns and a halt to vehicle movement combined resulted in the disruption of the supply chain across all industries. It was interrupted at every point, from component suppliers to manufacturing locations to the last mile to the client. Making use of mobile technology in the supply chain is a necessity for merchants, especially now when consumers want fast and trackable deliveries. Consumers were also compelled to change their purchasing habits from traditional in-person payments to online-based alternatives as a result of the pandemic.

COVID-19 has unintentionally proven the significance of utilizing the correct technology to manage vital supply chains and customer service for numerous companies. With an increase in online purchasing and a desire for speedier delivery, businesses must do inventory checks, automate orders for high-demand products, and track orders in real-time. While providing excellent customer service, the proper mobility and IoT management solutions may help them stay compliant, streamline operations, and prevent business downtime.

Convenience has now become an essential expectation for consumers such as curbside pickup, secure contactless payments, and a smooth purchase experience across mobile, web, and e-commerce channels. Merchants who can offer alternative payment solutions such as online and contactless payments will make it a lot easier for new and prospective consumers to interact with their brand, while those who do not adapt will likely lose clients to more modern competitors.

At this juncture, various retail tech companies are entering the market to cater to the different needs of enterprises. To help them choose the solution that best fits their requirement, Retail Tech Insights has compiled a list of the most promising retail tech companies. Besides, the magazine also comprises insights from thought leaders on industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you Retail Tech Insights ‘Top 10 Retail Tech Companies - 2021.’

Top Retail Tech Companies

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Fexa enables facilities-focused business and operational processes with a software solution platform and a team of industry experts. Fexa incorporates a robust foundational architecture that recognizes every field, whether standard or custom, as a potential data point or a trigger to leverage smart automations. In fact, any data point can be incorporated as a trigger for smart automation. Trigger events can prompt progression of a task such as invoice approvals or prompt unique custom communications delivered via email or text to any address as defined by the client’s business requirements. ... read full profile

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Founded in 2017, QVALON is driven by the mission of ensuring consistency in the execution of operational standards across clients' entire retail network. The company helps businesses ensure higher customer satisfaction and loyalty through an exceptional brand experience while maximizing business efficiency, resource utilization, and compliance requirements to increase profitability. At its core, QVALON's solution provides a mobile app for field teams to streamline tasks, inspections, audits, and communication. It enables clients to have a better understanding of what's going wrong in their business environment and eliminate all the inefficiencies. ... read full profile

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Founded in 2017, QVALON is driven by the mission of ensuring consistency in the execution of operational standards across clients' entire retail network. The company helps businesses ensure higher customer satisfaction and loyalty through an exceptional brand experience while maximizing business efficiency, resource utilization, and compliance requirements to increase profitability. At its core, QVALON's solution provides a mobile app for field teams to streamline tasks, inspections, audits, and communication. It enables clients to have a better understanding of what's going wrong in their business environment and eliminate all the inefficiencies. Connects and lists your products on the world’s most powerful marketplaces, syncs inventory, and automates order fulfillment. And that’s just the beginning. Apart from its revolutionary ability to connect merchants to leading and emerging markets, the company’s software simplifies inventory data synchronization and automates order fulfillment to further free up human personnel to focus on more business-critical tasks. Shoppingfeed is enabling business leaders to bypass IT development costs as well as cumbersome API integration and maintenance processes. ... read full profile

BRdata Software Solutions

BRdata is a leading provider of end-to-end enterprise software solutions for the grocery retail and wholesale industry. Applications include master item management, hosting, inventory, ordering (CAO/CGO), price optimization, DSD/DEX receiving, ad planning/deal tracking, merchandising, fresh item management, and warehouse management system (WMS). BRdata Cloud services include dashboards, basket analysis, financials, item movement, customer loyalty, digital coupons, loss prevention, production planning, and meat grind-log tracking. BRdata e-commerce is an easy, affordable online shopping solution. BRdata Connect is a white-label consumer app to reach customers before, during, and after they shop.

Flightware Solutions

Flightware Solutions has over 25 years of experience developing innovative software and hardware solutions for restaurants, the hospitality industry, and the general retail and wholesale distribution industry. Over these years, Flightware Solutions has developed a great understanding of how various businesses operate and has leveraged that knowledge by developing point of sale and inventory management software that solves many of the challenges business operators face. These solutions delight business owners, saving time and increasing productivity as the software automates various day-to-day operations and provides the numbers and other business data they need to manage and improve their operations.

IT Retail

IT Retail is committed to providing innovative, simple, and powerful technology solutions that boost grocery retailers’ profitability. IT Retail focuses on developing robust grocery POS software on the Microsoft platform, and its solutions work with the entire Microsoft suite of products. The company’s development platform combines Microsoft Windows, SQL Server, .Net, and several web frameworks. IT Retail develops, customizes, sells, and services grocery retail solutions for grocers of every size, from independent retailers to national grocery chains.

Pattern

Pattern provides a proven blend of marketplace analytics, product distribution, MAP compliance, and brand management to drive ecommerce acceleration for premium brands. The company thrives on high energy, professional excellence, and disciplined creativity. Born out of a global retail consultancy, Pattern has become the Middle East’s leading player in ecommerce intelligence, marketplace management, and omnichannel retail strategy and execution. Pattern is the ecommerce partner of choice for a growing number of consumer brands, acting as their authorized marketplace seller.

Retail Acuity

Retail Acuity provides in-store servicing software solutions for merchandising organizations, retailers, and manufacturers. The company's flagship product is quick to implement and allows its clients to increase operational efficiency and gain valuable insight immediately. Retail Acuity's user-friendly features, in-depth analytics, and real-time reporting allow our clients to do more. The company's roots originate in managing and growing merchandising companies, making it keenly aware of its clients' challenges. Its mission is to not only provide world-class software, but to utilize its industry experience to improve the clients' process and workflow.

Retail Management Hero

Founded in 2014 in Northern California, Retail Management Hero is a privately-owned software development company focused on continually innovating retail in ways that empower retailers with intuitive point-of-sale (POS) solutions that simplify and streamline store management. The company's flagship product, Retail Management Hero (RMH) point-of-sale, was launched in early 2016 to give small-to-medium retailers a seamless next-generation replacement solution for the end-of-life Microsoft Dynamics Retail Management System (RMS). The Retail Management Hero development team members, on average, each have 15+ years of experience in software development, implementation, support, quality assurance, and partner management.

Zynstra

Zynstra has a proven track record of anticipating crucial developments in information technology that can be leveraged to deliver innovative, game-changing business software and deliver that step change in partnership with some of the most complex and rigorous IT organizations globally. Zynstra enables retailers to deliver superior customer and employee experiences through faster innovation and radically reduces the cost to serve in-store. Purpose-built for the edge, its powerful software optimizes existing store technology and enables digital transformation.