Fusionex has won a multi-year contract with a large retail chain in Asia to help mine data, make better business decisions and improve productivity and profitability.

It was not announced who the retail chain is, but the client is described as a company that owns and operates close to 500 stores spread out across various regions and locations. According to a statement, it has plans to expand to another 100 locations in the coming year.

The Fusionex Big Data Analytics solution, GIANT 2017, will be rolled out for them to consolidate information from disparate data sources, allowing them to monitor statistics such as sales and expenses. The solution will also be utilising highly flexible cloud-based technology, enabling the client to scale up easily. The client may opt to increase their data cloud storage as and when the amounts of data being collected increases with the opening of new branches.

GIANT 2017 was developed so it can be used by non-technical users, to look at trends and patterns within data. For example, the performance of every single store can be analysed with regards to location, customer footfall, or historical trends. Analysis of the products sold in each store can also be made, such as stock keeping lists, product pricing, product categories and more.

Ensuring that a store is well-stocked in a timely manner can also be carried out with unerring accuracy through inventory analysis capabilities where the platform can monitor quantities of a multitude of products, each unit’s expiry date, and keep track of turnover rates — all to ascertain the optimum level of products to keep on shelves to satisfy demand for a predetermined length of time.