Sonata Software makes a strategic investment in Retail10X, an AI services software platform company for retail, based in Silicon Valley

BANGALORE, India, March 25, 2019 / PRNewswire / – Sonata Software today announced the completion of a strategic investment in Retail10x, a Palo Alto, California Headquarters of the software platform company as a Retail AI service.

R10x is a software platform as a retail AI service for retailers, distributors and consumer products companies that helps them to:

• Improve Operational efficiency through advanced demand detection, inventory optimization and marketing.
• Real time Supply Chain Collaboration.
• Building Consumer loyalty by helping to communicate with their customers in a personalized, relevant and timely manner during their buying experience.

The platform leverages advanced AI and ML features to provide concrete recommendations at the field level. The Retail10x team has extensive industry experience and has worked for some of the largest organizations such as Apple, Walmart, Coke, Heineken, Moet Hennessy, SC Johnson and IRI.

Sonata software has been designed to become a digital transformation premium partner for retail, distribution, manufacturing and travel customers with their unique platform.^TM methodology, end-to-end digital platforms. This investment is a continuation of its digital transformation efforts for retail, distribution and consumer goods companies, providing them with a rich integrated data platform in real time. As a result of this investment, Sonata has exclusive worldwide rights to implement and maintain the R10x platform and market the R10x platform under its own brand names.

Commenting on the partnership, Srikar ReddySonata Software, CEO of MD, said, "Our strategic business partnership with Retail10x delivers value to our vertical verticals in distribution, distribution and CPG by providing them with a platform that leverages the industry's leading technology. more recent in AI, ML and deep learning This partnership would further strengthen our desire to become the preferred partner for digital transformation in these areas. "

Prasad KR – Founder and CEO of R10x, said: "Sonata's global expertise in retail and digital distribution software chains will give R10x leading market capabilities by providing a powerful Retail AI platform Retailers, Distributors and GICs We are excited to build this partnership as Sonata's global footprint will help accelerate our growth in the US and help R10x enter new markets by helping customers achieve their business goals. digital transformation. "

About the Sonata software: https://www.sonata-software.com/company

SOURCE Sonata Software