Nuqleous, a leader in B2B SaaS solutions specializing in retail analytics and space planning optimization, has officially announced the acquisition of Interactive Edge, a leading software platform for retail insights and reporting automation.
According to certain reports, the deal will unlock for Nuqleous an uninterrupted access of Interactive Edge’s XP3 BI Cloud platform which integrates seamlessly with Microsoft Office to simplify the creation of customized category reviews, line reviews, and joint business plans.
More on the same would reveal how this combination of Interactive Edge with Nuqleous’ advanced retail analytics will make it possible for category management and sales teams to scale their impact and deliver higher-quality reporting without adding costly resources.
Talk about the benefits of integrating Interactive Edge’s XP3 platform with Nuqleous’ analytics solutions on a slightly deeper level, they begin from how the combined solution’s users will now have the chance to automatically generate customized category reviews, line reviews, and joint business plans at scale. Furthermore, it will enable them to transform complex data from multiple sources into actionable insights without the need for technical expertise.
Next up, users can leverage the same for delivering deeper, retailer-specific analysis, all while reducing manual work. They can also effectively scale category management and sales capabilities without proportional rise in resource requirements. Not just that, they can bank upon the solution to generate consistent insights for internal and external stakeholders.
“This acquisition represents the next evolution in retail analytics,” said Bill Kloza, Co-CEO of Nuqleous. “By combining Interactive Edge’s proven presentation automation capabilities with our advanced analytics platform, we’re creating a solution that doesn’t just process data faster – it fundamentally transforms how category management teams work and the value they can deliver to their retail partners.”
As for what made Interactive Edge an ideal candidate for acquisition, the answer resides in its proven track record of customer impact. An example relaying that includes a global confectioner transforming their category management team with XP3. This confectioner automated, in total, seven seasonal deployments and 50+ category reviews across multiple retail channels. Such a setup allowed their lean 12-person team to support four retail captaincies more effectively, as well as free up time to conceive actionable insights. In essence, the confectioner used XP3 for item launches, top-to-top meetings, and internal senior leadership reporting.
Moving on, category management team of an American snack foods company also managed to revamp their reporting across 17 regions, thus reducing update time from hours to just 19 minutes. This sort of a reduction guided the company big time in recapturing 80% of personnel time, which would be equivalent to almost 129 days, and use it to generate strategic insights vs tactics.
In case that wasn’t enough, then we ought to mention how the solution even laid the groundwork for a leading global food and beverage company to revolutionize its reporting and presentation workflows. In essence, with its success in automating and customizing over 100 sales and category performance reports across national retailers, the company saved up to 90% of the time previously spent on tactical tasks. This, in turn, ensured better focus on strategic priorities, including driving actionable insights, enhancing retailer collaboration, and delivering high-impact presentations for top-to-top meetings.
“In today’s retail environment, category management and sales teams are being asked to deliver deeper insights across more retail partners with increasingly constrained resources,” said Garrett Levey, Co-CEO of Nuqleous. “Interactive Edge’s XP3 BI Cloud platform has demonstrated extraordinary ability to solve this challenge, with customers reporting up to 80% reduction in time spent on data management and presentation creation. This allows teams to focus on driving growth instead of wasting time sifting through data manually to extract insights.”
Founded in 2013, Nuqleous’ rise up the ranks stems from bestowing retailers, CPG brands, and distributors with data-driven solutions that enhance agility, efficiency, and decision-making across their operations. The company’s portfolio of solutions presently includes ShilohNext (Walmart Luminate API Certified Partner), TR3, ShelfIQ, SpringBoard, and Spotlight. The scale of Nuqleous can also be understood once you consider it delivers advanced AI-driven analytics and real-time data integration from over 120 retailers globally.
