DynamicAction Named Shop.org’s 2017 Digital Commerce Startup of the Year
DynamicAction is selected for its ability to enable retailers across the globe to make decisions and take action at the speed of Amazon
LOS ANGELES: Sept. 27, 2017—DynamicAction, provider of the most advanced analytics solution specifically designed to transform and orchestrate retail companies’ data, teams and paths to profit, has claimed the coveted accolade of Shop.org’s 2017 Digital Commerce Startup of the Year. The announcement was made today during Shop.org’s keynote speech at the Los Angeles Convention Center.
Now in its third year, the annual competition assesses startups that demonstrate the most profound potential to evolve the shopping experience and make a transformational impact on the retail industry. As a finalist of Shop.org’s Digital Commerce Startup of the Year competition, DynamicAction joins the ranks of previous industry shapers, including Jet.com, RangeMe and Reflektion, for its strength and creativity within its business model and its potential to change the retail industry for the better.
Today’s retail industry is plagued with the challenges of complex omnichannel economics, shifting consumer behavior, increased operating costs, declining store performance and the pervasive Amazon Effect. Successful companies are pushing themselves to re-imagine their businesses. DynamicAction is shaping the future of retail by arming retailers with the tools to unify their organization through analyzing millions of data points from every part of their business. Since its conception, DynamicAction has disrupted the retail industry by enabling retailers across the globe to understand, decide and make more profitable data-driven decisions at the speed of Amazon.
“We are honored to be named Shop.org’s 2017 Digital Commerce Startup of Year among such an incredible group of innovative companies,” said John Squire, CEO, DynamicAction.
“Retailers across the board are facing the daunting task of transforming their businesses to compete in the midst of unprecedented industry disruption. Our passion and unyielding quest is to provide a solution that yields one true view of customers, product, inventory and profit across stores, digital, mobile and marketplace in order to enable retailers to make their best people better, their smarter decisions faster, their customer understanding more powerful and their business more profitable.”
About DynamicAction: Retail’s fastest path to connected, profitable decisions – from each click to every brick. DynamicAction is the most advanced analytics solution specifically built for eCommerce, store and omnichannel retail merchandising teams. Connecting and analyzing millions of data points from every part of the retail organization, DynamicAction uses more than 1,000 proprietary algorithms to pinpoint margin-eating disconnects in the business, prescribe precise actions and accurately rank those actions by financial impact.
As a control system for retail businesses, DynamicAction delivers new metrics, automated diagnostics and both out-of-the-box and ad hoc analytics and visualizations. Since all roads lead to action, DynamicAction constantly alerts retail teams to areas of opportunity and improvement. Through API integration, it then elevates the retailers’ tech stack with transformed data to drive automated decisions and actions online and in-store.
Retailers across the globe, including Eddie Bauer, DXL Group, El Corte Ingles, Wehkamp, Nine West and Cole Haan, rely on DynamicAction to run more efficient organizations, sell more at full price, mitigate markdowns, reduce waste, capitalize on demand and increase profit. Headquartered in Silicon Valley, DynamicAction has offices in London, Sofia and Dallas. Connect with us at www.DynamicAction.com and @DynamicAction on Twitter.
Ketner Group PR + Marketing (for DynamicAction)
Mariana Fischbach or Greg Earl