Zebra Technologies Corporation, a global enterprise mobile computing company, announced its intention to acquire antuit.ai, a provider of artificial intelligence (AI)-powered Software-as-a-Service (SaaS) solutions specific to forecasting and merchandising for the retail and CPG industries. Incorporating antuit.ai’s AI-powered demand forecasting solution into Zebra’s SaaS portfolio will enable retailers and consumer products companies to combine planning and execution to optimize margins and drive revenue growth. Antuit.ai will serve as the planning and demand forecasting module within Zebra’s growing retail software portfolio, alongside the analytics and execution solutions currently delivered by Zebra Prescriptive Analytics (ZPA, formerly Profitect) and Reflexis’ Workforce Management and Task Management solutions.
“Through its synergies with our retail store execution portfolio, the acquisition of antuit.ai will further drive our ability to bring the power of AI to our customers and meet the demands of today’s consumer,” said Anders Gustafsson, chief executive officer of Zebra Technologies. “It will also enable us to offer our customers in the CPG industry an analytics, AI and automation solution that supports more efficient planning and operations with greater visibility across the supply chain. We are excited to welcome the antuit.ai team to the Zebra family.”
“The antuit.ai team is excited to join Zebra and will add immediate value by bringing innovation, AI talent and industry experts to help our combined customers optimize inventory, maximize fill rates and increase efficiencies,” said antuit.ai’s co-CEO Siva Lakshmanan. “Our AI solutions will influence planning and bridge the gap to execution, enhancing Zebra’s retail and CPG solutions that address associate productivity and inventory management,” said co-CEO Yogesh Kulkarni of antuit.ai.
Serving Fortune 1000 companies globally, antuit.ai is rethinking the way consumer products and retail companies use AI to solve real business problems. Antuit.ai offers solutions that inform the most important business decisions, from supply chain to merchandising to marketing, empowering retailers and consumer products companies to digitally transform their businesses to achieve substantial results.
About Zebra Technologies
Zebra empowers the front line in retail/e-commerce, manufacturing, transportation, logistics, healthcare, public sector and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, Zebra delivers industry-tailored, end-to-end solutions to enable every asset and worker to be visible, connected and fully optimized. The company’s solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care. In 2020, Zebra made the Forbes Global 2000 list for the second consecutive year and was listed among Fast Company’s Best Companies for Innovators.
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