Relex Solutions Strengths, Domain Expertise, and Key Differentiators
RELEX Solutions embeded with machine learning and artificial intelligence (AI) technology is dedicated to helping retail businesses improve their competitiveness through localized assortments, profitable use of retail space, accurate forecasting and replenishment, and optimized workforce planning. Its SaaS solutions deliver a quick return on investment and can be used independently or jointly for unified retail planning, enabling cross-functional optimization of retail's core processes: merchandising, supply chain and store operations.
RELEX acquired Galleria, a provider of category planning, automation & optimization solutions to the retail industry. Together, the organizations extended capabilities mark a significant development in RELEX's vision to create an end-to-end integrated retail and supply chain planning platform. In addition, the acquisition increases the footprint of RELEX's existing sales and delivery network in North America and APAC, with the united company having prime retail brands including AO.com, Morrisons, PARKnSHOP, Rossmann and Safeway, as customers in every continent bar Antarctica.
Relex Solutions Recent Developments
The new macro Floor Planning solution, available on a cloud-based SaaS model, is an AutoCAD-compatible system for quick and efficient creation, editing and management of store-specific floor plans. The solution is integrated with RELEX's Planogramming software to allow planning and store teams to collaborate fully on projects, in real time, and works seamlessly with RELEX's supply chain management product suite. The solution represents a major evolution of the space planning process.
RELEX Planogramming already enables planners to produce models of standard and customizable fixtures onto which products and product facings can be placed. Floor Planning then maps those fixtures onto a plan of the entire store allowing planners to visualize how different units and categories relate to one another and to the overall space available. The new solution allows planners to generate reports on individual stores, store groups or the whole chain and dissect the data to focus on sales-floor and category performance. It also enables planning teams to create ˜heat maps" that track shopper activity and highlight hot or cold spots, areas of the store that over- or under-perform versus the company average and/or comparable categories in similar stores, potentially highlighting poor layout, lighting or displays amongst other issues.
Relex Solutions Mergers and Acquisitions (M&A) Activities
In June 2019, RELEX acquired Zenopt, an advanced workforce optimization system, in a move that strengthens its position as a trusted provider of unified retail planning solutions. The acquisition signals RELEX's dedication to the workforce planning space, coming two years after the company's original Zenopt investment in 2017.
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
Ownership: - TCV
Number of Employees: 1000
Functional Markets: SCM,
Relex Solutions Key Enterprise and Cloud Applications
RELEX Living Retail Platform
Relex Solutions Revenues, $M:
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* 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:
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Relex Solutions Enterprise Applications Revenues By Functional Markets, $M:
Relex Solutions Enterprise Applications Revenues By Verticals, $M:
Relex Solutions Revenues By Region, $M
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Relex Solutions Direct vs Indirect sales
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Relex Solutions Customers - Breakdown by Geo, Size, Vertical and Product
No. of Relex Solutions Customers: 300
No. of Relex Solutions Enterprise Applications Customers: 300
No. of Relex Solutions Cloud Customers: x
No. of Relex Solutions Cloud Subscribers: x
During 2019, Relex Solutions added 47 new clients, making it 250 customers in total.
In Europe, Relex added companies as customers like E.A. Smith in Norway, Smeding in the Netherlands, Swedish department store Ahlens, and more. In September 2019, Relex won it's first customer in the APAC, Baby Bunting, Australia’s largest specialty baby goods retailer.
Relex Solutions Market Opportunities, M&A and Geo Expansions
In February 2019, RELEX Solutions reported that TCV has made a $200 million minority investment in the company. The minority investment paved the way for the acquisition of Zenopt, an advanced workforce optimization system, after originally investing in it in 2017.
Relex Solutions Risks and Challenges
New supply chain technologies are emerging that dramatically improve visibility across the end-to-end supply chain, and support companie's ability to resist such shocks. Relex Solution should get on vagon on time.
Relex Solutions Ecosystem, Partners, Resellers and SI
The RELEX Integration 1.0 solution has achieved SAP certification as powered by the SAP NetWeaver technology platform. The solution allows customers to integrate RELEX demand forecasting, inventory optimization, and automated replenishment systems into their SAP solution landscape via SAP NetWeaver.
The integration enables the RELEX software to utilize master data and inventory transactions from the SAP ERP application to calculate demand forecasts and order proposals and optimize inventory parameters. With the RELEX Integration 1.0 from retail solutions, RELEX software can be easily connected to a retail system running SAP software. The integration is based on the interface definition by RELEX, so that RELEX is provided with all data needed to run properly.
Relex Solutions Cloud Infrastructure Insights
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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).
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