ToolsGroup Recognized as The Technology Leader in Retail and Supply Chain 2024 SPARK Matrix(TM) Categories by QKS Group
12.11.2024 08:00:00 CET | ACCESS Newswire | Press release
Company earns top ratings for technology excellence and customer impact in the 2024 SPARK Matrix™ for Retail Forecasting and Replenishment and the 2024 SPARK Matrix™ for Global Supply Chain Inventory Optimization
BOSTON, MA / ACCESSWIRE / November 12, 2024 / ToolsGroup, a leading provider of retail and supply chain planning solutions, has been named the technology leader in QKS Group's 2024 SPARK Matrix™ Retail Forecasting and Replenishment and their 2024 SPARK Matrix™ analysis of the Global Supply Chain Inventory Optimization market. QKS Group, a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact.
ToolsGroup was named the leader in the 2024 SPARK Matrix™ for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. Leveraging AI and sophisticated demand sensing, ToolsGroup enables real-time optimization of product, placement, channel, price, and timing, helping businesses maximize revenue, margin and profits.
In addition, ToolsGroup was recognized as the leader in the 2024 SPARK Matrix for Global Supply Chain Inventory Optimization for the third consecutive year for its ability to reduce costs, maximize profitability, and meet customer's strategic business goals. The company's AI-driven technologies-in particular probabilistic forecasting, service-driven inventory optimization, and real-time dynamic data unification-empower organizations to achieve or exceed service level targets while right-sizing inventory.
"ToolsGroup set itself apart as a technology leader by providing customers the data-backed insights they need to meet the current and evolving needs of retailers and supply chain professionals," says Avinash Singh, analyst at QKS Group. "Year-on-year revenue growth, strong enterprise segmentation, a compelling vision & roadmap, and industry-specific capabilities gained ToolsGroup the top spot in our analysis."
The QKS Group SPARK Matrix™ offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning. By providing a competitive analysis and ranking of leading technology vendors, the SPARK Matrix™ delivers strategic insights that help companies assess provider capabilities, differentiate competitively, and understand market positions.
"We are honored to be recognized by QKS as a technology leader in their analysis of the retail and supply chain markets," said Inna Kuznetsova, CEO of ToolsGroup. "Our AI-driven solutions empower business leaders to navigate the unexpected and adapt swiftly to market shifts, enabling them to exceed customer expectations and maximize profitability. ToolsGroup was founded to deliver innovative solutions to supply chain challenges, and that commitment remains at the heart of everything we do."
ToolsGroup is excited to showcase its industry-leading solutions at NRF Retail's Big Show, taking place January 12-14 in New York City. This premier event brings together over 6,200 brands and 45,000 attendees from across the world for three days of learning, collaboration, and discovery. Reserve a time to connect with ToolsGroup at Booth 4043 here.
To view and down either of the QKS Group 2024 SPARK Matrix™ reports, please visit: SPARK MatrixTM Reports: 2024
About QKS Group
QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client's business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://qksgroup.com/.
About ToolsGroup
ToolsGroup's innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory - delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, and YouTube, or visit www.toolsgroup.com.
Media Contacts:
QKS Group
Shraddha Roy
PR & Media Relations
shraddha.r@qksgroup.com
ToolsGroup
Escalate PR for ToolsGroup
toolsgroup@escalatepr.com
SOURCE: ToolsGroup
View the original press release on accesswire.com
ToolsGroup
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Leggett Dynamics Launches Mid-Class Massage System & Makes Luxury Comfort Accessible on High-Volume Programs22.6.2026 13:00:00 CEST | Press release
DETROIT, MI / ACCESS Newswire / June 22, 2026 / Leggett Dynamics today launched its Mid-Class Massage System (MCM), a breakthrough non-electronic innovation that makes premium massage more accessible beyond the luxury vehicle segment. Now in production with a global OEM, MCM was also shortlisted for the 2026 Auto Tech Partnership Award for industry-leading innovation and collaboration. Breakthrough by Design MCM creates a distinctive massage experience with a compact 30 x 35 mm module that uses the Coandă effect, an air jet's natural tendency to follow a curved surface. With no electronics or moving parts, it reduces complexity and cost, making a premium experience accessible to more vehicle segments and consumers. Balancing Innovation, Speed and Cost "Automakers must balance innovation, speed and cost while consumers expect more personalized, affordable, premium experiences," said Julien Rea, VP of Global Innovation & Engineering at Leggett Dynamics. "Leggett Dynamics' Mid-Class Massa
EcoModular Advances EIC STEP Scale Up Application to Support European Manufacturing Expansion22.6.2026 09:55:00 CEST | Press release
AI-native robotics platform engages European innovation-funding specialist Catalyze to prepare its submission to the European Innovation Council's STEP Scale-Up programme, with its EU Manufacturing Hub as the anchor of a planned European scale-up DUBLIN, IE / ACCESS Newswire / June 22, 2026 / EcoModular, the AI-native robotics platform for volumetric manufacturing operated by Ascotway Limited and advancing a Nasdaq Capital Market direct listing, today announced that it has engaged Catalyze B.V., a leading European innovation-funding consultancy, to prepare and submit an application to the European Innovation Council (EIC) STEP Scale-Up programme. The application is being prepared for the programme's evaluation batch dated 9 September 2026. The EIC STEP Scale-Up programme forms part of the European Union's Strategic Technologies for Europe Platform (STEP) and is administered by the European Innovation Council. It is designed to provide investment support to European companies scaling st
Bear Robotics to Acquire Kinisi Robotics, Completing Its End-to-End Physical AI Robotics Platform22.6.2026 09:00:00 CEST | Press release
Kinisi adds the manipulation AI layer that completes Bear's multi-robot Physical AI platform - extending Bear's deployed fleet from moving and delivering to handling physical work itself. REDWOOD CITY, CA / ACCESS Newswire / June 22, 2026 / Bear Robotics today announced it has signed a definitive agreement to acquire Kinisi Robotics, in a transaction that will make Kinisi part of Bear. On closing, Kinisi's KR1 humanoid robot, its Bristol-based engineering team, and its Physical AI capabilities will be integrated into Bear Robotics, completing Bear's end-to-end Physical AI robotics platform. The transaction is expected to close in the coming days. Bear has built the world's most widely deployed fleet of service robots - more than 16,000 shipped into commercial service worldwide. Bear's robots already work together as one coordinated team through agentic multi-robot orchestration, moving freely through busy, changing spaces instead of following fixed tracks or routes. Most robotics compa
Ore Energy and Budget Thuis to Deploy 1 GWh of Multi-Day Iron-Air Energy Storage in a First for European Energy Suppliers22.6.2026 09:00:00 CEST | Press release
Dutch energy supplier commits to 1 GWh of iron-air energy storage to reduce consumer energy costs; First 400 MWh to be delivered in 2028 AMSTERDAM, NL / ACCESS Newswire / June 22, 2026 / Ore Energy, the Netherlands-based iron-air multi-day energy storage company, today announced an agreement with Budget Thuis, one of the largest Dutch energy suppliers, to deploy 1 GWh of iron-air long-duration energy storage (LDES). The agreement represents the largest iron-air energy storage offtake in continental Europe to date and the first with a European energy supplier. The agreement begins with a committed 400 MWh first phase planned for delivery in 2028. For Budget Thuis, the agreement is a strategic move to provide customers with more stable, affordable, and increasingly clean electricity as the Dutch power system becomes more dependent on wind energy. Ore Energy's multi-day storage technology is designed to store renewable electricity when it is abundant and dispatch it across extended low-re
Driving the World's Leading Supply Chains: 9 OMP Customers Named to The 2026 Gartner Top 2518.6.2026 15:00:00 CEST | Press release
As global leaders move from firefighting to foresight, OMP celebrates the enterprise visionaries scaling decision-driven intelligence at the speed of change. ANTWERPEN, BE / ACCESS Newswire / June 18, 2026 / OMP, a leading AI-powered provider of supply chain planning solutions, extends its congratulations to the 9 customer organizations recognized in the newly released Gartner® Supply Chain Top 25 and Masters for 2026. Now in its 22nd year, the Gartner Supply Chain Top 25 remains the definitive benchmark for supply chain excellence, evaluating global enterprises on financial performance, ESG initiatives, and community opinion. This year's rankings point to three capabilities separating market leaders: building an autonomous workforce where people and intelligent systems collaborate on decisions, adopting network-centric strategies that treat supply chain design as a continuous, adaptive process, and orchestrating decisions end-to-end across increasingly complex ecosystems. OMP's custom
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom