Top Retail Tech Companies in Europe-2021
Retail Tech | Retail Tech Insights

Top 20 Retail Tech Companies in Europe - 2021

Retail sector has experienced a radical change during the pandemic and the amendments are here to stay. Widespread disruption due to the pandemic caused inefficiencies in retail supply chain, in turn compelling both businesses and users to turn to technology for assistance. Artificial Intelligence (AI) driven analytics is helping retailers to make informed decisions and unlock new pockets of growth by studying patterns in consumer behaviour and preferences. AI when backed by machine learning and deep learning help in analytics for demand forecasting, supply chain management, CRM software and chatbots. Data for analysis is retrieved by IoT devices enabling retailers to meet consumer demands, such as using RFID for inventory management and more accurate service-level optimization.

Digital transformation in its wake is changing the way brick and mortar shops operate. E-commerce has been a popular trend for a few years now and is being transformed with disruptive technologies such as augmented and virtual reality (AR/VR), interfacing humans and machines. Virtual shopping using AR/VR is revolutionizing the ways in which consumers buy, allowing them to take part in the human experience of the physical store from the comfort of their homes. This service extends to packages being delivered automatically by drones that are replacing delivery personnel, which carry out the task in a fast and safe manner. The standard is no longer last-mile delivery but last-meter delivery. Customers are looking for fresh and innovative ways to engage with products and technology is finally in place to offer high quality solutions at an accelerated time-to-market. To ascertain that applications continue to benefit the market, retailers must create significant advancements in the shopping experience and deliver on the promises.

To help retailers and solution providers strengthen their operational capabilities and enable accelerated growth in the sector, Retail Tech Insights Europe has compiled a list of the Top 20 Retail Tech Companies in Europe. Besides, the magazine also includes insights from thought leaders in the sectors on the industry trends, recent innovations, best practices and their advice for aspiring CIOs and CXOs.

We present to you Retail Tech Insights’, “Top 20 Retail Tech Companies in Europe - 2021”

    Top Retail Tech Companies in Europe

    advarics GmbH
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    advarics is the only company that provides 100 percent full-fledged cloud-based ERP software for the lifestyle retail industry, including fashion, sports shoes, and accessories.advarics acts as an open merchandise management platform where third-party vendors can easily integrate their tools, applications, data, or analytics services through scalable and dynamic web services or interfaces connected in standardised ways. The company has designed APIs for third-party vendors that can be consumed within minutes to set up new workflows. ... read full profile
    Daxium
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    Daxium is a company specialized in the performance of nomadic teams. Founded in 2005 by its current CEO and 11 shareholders, it benefited from the financing in 2016 of 3 new investment funds to accelerate its international expansion. Its “Daxium-Air” solution has already been rewarded nine times for its innovative character and equips around 60 major accounts. With users in more than 45 countries and three agencies, including one in Dubai in the Middle East, it has become a reference in the mobile computing market. ... read full profile
    Openbravo
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    Openbravo is a global cloud-based omnichannel platform vendor for retail. It offers Openbravo Commerce Cloud, a flexible retail software suite that facilitates the digitalization of retail and omnichannel operations. Since the suit is geared around high levels of modularity, Openbravo’s clients relish the freedom of utilizing only the functionalities and parts of the solution that fulfill their requirements. Openbravo dives deep into its clients' requirements during an implementation process and follows an iterative approach while configuring the solutions accordingly. Considering omnichannel commerce is now the lynchpin of the success of any retail business, Openbravo is constantly investing in its solutions and improving the functionalities of its products. Openbravo is adopted today by more than 115 retailers and brands in over 50 countries. ... read full profile
    Advance Commerce
    Advance Commerce offers both tailor-made solutions from the ground up and solutions based on standard B2B or B2C products. Through its products, they create integrations with, for example, PIM, ERP, CRM, Dynamics 365, IFS, and more, based on many years of experience. The e-commerce platforms they mainly work with are EPiServer Commerce, Storm Commerce, and Lithium. The company combines strategy, design, and technology to create digital e-commerce solutions that deliver customer and business value. They make sure to maintain absolute world-class when it comes to quality in all parts of the development, such as integrated solutions, PIM, and SEO.
    Connected Molecules
    Connected Molecules is a technology provider that believes in the power of connectivity and convenient control. As the world is changing, constantly and digitization is part of everything. It brings connectivity and convenience. They think that connectivity will make companies more successful and – in the end – will make our lives better. They serve on-the-go shops with convenient control over their self-service machinery. It’s the company goal to unlock the potential of smartly connected self-service machines for the benefit of companies as well as their customers.
    Geek+
    Geek+ is a global technology company specialized in smart logistics. They apply advanced robotics and artificial intelligence technologies to create solutions for warehouse and factory operations. The company believes technology and industry partnerships are the keys to transforming the global supply chain. They work with technology leaders in the fields of cloud computing, the Internet of Things and robotics, to provide customers with integrated smart logistics solutions. Geek+ has also partnered with logistics real estate developers, 3PL, express delivery and transportation, manufacturers, retailers, and brands to open up upstream and downstream, promote synergies and accelerate the overall transformation of the supply chain.
    JogoTech
    JogoTech is a software engineering company that innovates in the retail industry, being a pioneer in the "extended retail" concept where the combination of e-commerce plus the physical store (physical + digital) offers customers a 100% digital in-store experience. The company is specialized in innovation, technology, retail, software engineering, physical store os, real-time analytics, software platform, saas, extended retail, big data, business intelligence, IoT, and AI. Their JogoRoom platform enables top-performance companies to join the physical store, which allows improving customer experience.
    JOOR
    Founded in 2010, JOOR is based in New York City with offices in Los Angeles, Philadelphia, Paris, London, Milan, Madrid, Berlin, Melbourne, Seoul, Tokyo, and Shanghai. As the world’s largest wholesale platform and data exchange for fashion, luxury, and home categories, they connect 13,000+ brands and 350,000+ retailers across 150 countries every day. They have digitalized the entire wholesale process—from connection to invoicing—to make the experience smarter and more seamless for both brands and retailers. The JOOR platform uniquely unlocks data between transacting parties, creating a singular collaborative ecosystem so partners can access the vital metrics that drive their business in real-time.
    Offerista Group GmbH
    With a team of more than 120 employees across Europe, Offerista supports retail and manufacturer brands from a wide range of industries. They implement tailored digital solutions for the location-based marketing of offers and branches, developing campaigns based on your needs and objectives. Their unprecedented cross-channel campaigns reach all your customers at every touchpoint of the customer journey. They help to generate consumers in the interest and decide to buy phases to promote your offers, deals, and campaigns, activate new customers, build loyalty in existing customers, and benefit from increased POS frequency.
    RELEX Solutions
    RELEX provides cutting-edge retail optimization software to the world’s leading retailers — helping them stay relevant in the age of Living Retail. RELEX drives rapid, dramatic impact through focused improvements that legacy technologies simply can’t support. Their cloud-native Living Retail Platform is built for speed, adaptability, and accuracy — one of the world’s first operational software equipped with in-memory computing. With unmatched computational power, RELEX delivers pragmatic AI across all retail functions at a retail scale. The Living Retail Platform optimizes demand forecasting and automatic replenishment processes with a granular level of accuracy, then help retailers turn radical supply chain visibility into exponential benefits.
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