aifora’s Post

🎉 Exciting news: aifora joins forces with Centric Software ®! 🎉 We are pleased to announce that aifora has been acquired by @Centric Software, the market leader in Product Lifecycle Management (PLM). This is a significant milestone in our journey, and we couldn't be more excited about the opportunities that lie ahead. 🙏 A heartfelt thank you First and foremost, we would like to express our deepest gratitude to our incredible team. Your hard work, dedication and innovation are the backbone of aifora's success. To our investors, partners and customers, thank you for your trust and collaboration. Your support has been invaluable in making aifora a best-in-class retail predictive pricing and stock automation platform. Special thanks to our Chairman Matthias Klein, and our board members Christopher McDermott, Jörg Binnenbrücker, Katharina Staudacher, Wolfgang Maaß, Wendelin Wiedeking Jr., Thorsten Reuter and Rajive Ranjan. 🌍 Taking aifora Global Founded in Düsseldorf, Germany by Thomas Jesewski and David Krings, aifora has been at the forefront of using AI to revolutionize retail pricing, inventory management, and allocation practices. By joining Centric Software, we look forward to taking aifora's potential global. Together, we aim to help brands and retailers achieve their strategic and operational digital transformation goals across multiple sectors, including apparel, fashion, home, footwear, and more. 📈 The future is bright. The retail landscape is rapidly evolving, driven by changing consumer demands and fluctuating market conditions. Predictive pricing has already proven its immense value, potentially increasing sales by 6-18%, improving margins by 4-15%, and reducing discounting by up to 60%. As David Krings, our CTO and co-founder, puts it, "aifora comes in and gives retailers actionable insights and guidance to predict future demand and replenishment needs so they can price smarter and significantly improve profitability." 🤝 Collaboration and challenges ahead We are excited about the synergies between aifora's AI-driven solutions and Centric Software's enterprise solutions. Together, we are poised to redefine how retailers adapt to a data-driven world, optimize pricing strategies, and improve competitiveness. Thank you all for being a part of this incredible journey. Here's to new beginnings, new challenges, and new global opportunities! #Acquisition #CentricSoftware #aifora #AI #RetailTech #PredictivePricing #DigitalTransformation #NewBeginnings