Relex Solutions Strengths, Domain Expertise, and Key Differentiators
RELEX Solutions integrates machine learning and artificial intelligence (AI) technologies to support retail businesses in enhancing their competitiveness. The company focuses on localized assortments, efficient utilization of retail space, precise forecasting and replenishment, and streamlined workforce planning. Its Software as a Service (SaaS) solutions ensure a rapid return on investment, offering standalone usability or seamless integration for comprehensive retail planning. This facilitates cross-functional optimization across key retail processes such as merchandising, supply chain, and store operations.
Relex Solutions Recent Developments
In February 2024, RELEX Solutions unveiled RELEX Mobile Pro, an innovative AI-driven in-store execution application designed for retailers, suppliers, wholesalers, and manufacturers. This advanced solution serves as a comprehensive tool for retailers seeking to streamline their in-store operations. RELEX Mobile Pro empowers store colleagues with a user-friendly and precise store ordering and tasking system, placing a special emphasis on addressing the intricacies of the fresh business. Beyond enhancing store efficiency, RELEX Mobile Pro aids retailers in optimizing sales and profitability while minimizing waste and spoilage.
Relex Solutions Mergers and Acquisitions (M&A) Activities
In January 2024, RELEX Solutions expanded its capabilities by acquiring Optimity, a provider specializing in supply chain planning and optimization. This strategic move enhances the RELEX retail and supply chain platform, incorporating vital features such as daily production planning, optimization, and production scheduling, essential for the entire consumer goods value chain.
Relex Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Relex Solutions applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Relex Solutions and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified RELEX Living Retail Platform customers.
Relex Solutions Overview
Postintaival 7
Helsinki, x, 230, Finland
358 20 7435730
https://www.relexsolutions.com/
Ownership: - TCV
Number of Employees: 2000
Functional Markets: ERP Services and Operations, SCM,
Key Verticals: CPG, Distribution, Retail,
Relex Solutions Key Enterprise and Cloud Applications
RELEX Living Retail Platform
Relex Solutions Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Relex Solutions Revenue Breakdown By Type, $M:
Relex Solutions Enterprise Applications Revenues By Functional Markets, $M:
Relex Solutions Enterprise Applications Revenues By Verticals, $M:
Relex Solutions Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Relex Solutions Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Relex Solutions Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Relex Solutions Customers
No. of Relex Solutions Customers: 500
No. of Relex Solutions Enterprise Applications Customers: 500
No. of Relex Solutions Cloud Customers: 500
No. of Relex Solutions Cloud Subscribers: x
RELEX Solutions has over 500 customers in more than 45 countries, including Europe, North America, Latin America, the Middle East, and Asia-Pacific. Their clients span various industries such as retail, wholesale, distribution, and consumer packaged goods (CPG). The customer base includes both global corporations and mid-sized to small businesses.
Relex Solutions Market Opportunities, M&A and Geo Expansions
In January 2024, PLUS Retail, the third-largest service supermarket organization in the Netherlands, extended its collaboration with RELEX Solutions to enhance the Promotion Management process, aiming to elevate customer satisfaction. This solution will be deployed across all PLUS, PLUS Vandaag, and COOP format stores nationwide, streamlining processes, ensuring robust availability for campaign products, and ultimately boosting the profitability of promotions.
With a focus on Brazil and other emerging markets, RELEX can capitalize on the increased demand for advanced supply chain and retail optimization solutions in these regions.
Relex Solutions Risks and Challenges
New supply chain technologies are emerging that dramatically improve visibility across the end-to-end supply chain, and support companies' ability to resist such shocks. Relex Solution should get on the wagon on time.
Relex Solutions Ecosystem, Partners, Resellers and SI
In January 2024, RELEX Solutions partnered with Risposta Software, a system integrator with expertise in supply chain planning implementations and support. This collaboration combines RELEX's AI-driven machine learning retail and supply chain planning technology with risposta’s extensive industry knowledge, to improve efficiency and effectiveness in supply chain management for global customers.
In November 2024, RELEX entered a strategic partnership with Wipro, a leading technology services and consulting company. This alliance combines Wipro's expertise in the retail and Consumer Packaged Goods (CPG) sectors with RELEX's AI-based supply chain and retail planning platform, enabling joint clients to optimize end-to-end retail operations and inventory planning.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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