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
LiberNovo: From Spring Cleaning to Physical Renewal12.3.2026 09:00:00 CET | Press release
HONG KONG, HK / ACCESS Newswire / March 12, 2026 / As the annual ritual of spring cleaning approaches, a new movement in functional design is shifting the focus from tidying desks to restoring the bodies that sit at them. LiberNovo, a pioneer in health-first design, has announced its spring initiative: a fundamental reimagining of the smart workspace that prioritizes physical fluidity over static organization. New Season, New Standards For decades, office chair ergonomics centered on the "90-degree rule"-a rigid posture that modern research suggests is counterproductive. The true culprit of office fatigue isn't just sitting; it is the lack of movement. Prolonged static positions compress the spine and reduce circulation. LiberNovo's philosophy asserts that a "Spring Reset" is incomplete if it only addresses surface-level clutter while leaving the body in a state of constant strain. Engineering Movement At the core of this movement is the LiberNovo Omni, a chair designed to master Dynam
LiberNovo Omni Wins iF DESIGN AWARD 2026 for Breakthrough Ergonomic Design12.3.2026 09:00:00 CET | Press release
HONG KONG, HK / ACCESS Newswire / March 12, 2026 / LiberNovo is proud to announce that its leading product, the LiberNovo Omni, has won the prestigious iF DESIGN AWARD 2026 in the Product Design - Beauty/Wellness category. The iF DESIGN AWARD is one of the most esteemed design competitions in the world, honoring outstanding design achievements in terms of innovation, functionality, and user experience. Developed to revolutionize the experience of sitting for long periods, the LiberNovo Omni is a product that creates a new category of seating solutions: the Dynamic Ergonomic Chair. The chair doesn't lock people into fixed positions; it accommodates natural body positions and movement throughout the day. This award-winning chair features intelligent ergonomic technologies to enhance user comfort, spinal health, and support movement. These include LiberNovo's innovative Dynamic Support, which automatically adjusts to changing postures, and an adjustable ergonomic framework designed to ens
Tenstorrent Unveils TT-QuietBox(TM) 2, the First RISC-V AI Workstation With a Fully Open-Source Stack to Deliver Teraflop-Class Inference11.3.2026 17:00:00 CET | Press release
Liquid-Cooled Desktop System Runs Models up to 120B Parameters Locally With a Fully Open-Source Stack, Starting at $9,999 SANTA CLARA, CA / ACCESS Newswire / March 11, 2026 / Tenstorrent, the AI computing company led by CEO Jim Keller, today announced TT-QuietBox™ 2 (Blackhole™). This whisper-quiet, liquid-cooled AI workstation runs models up to 120 billion parameters directly at your desk, ships with an entirely open-source software stack from compiler to kernel, and starts at $9,999. It marks the industry's first desktop AI workstation built on RISC-V architecture to deliver teraflop-class inference. The Inference Imperative The timing matters. Inference has quietly overtaken training as the dominant AI workload, now accounting for more than 55% of cloud AI infrastructure spending at $37.5 billion - and it is still accelerating. Yet, developers running these workloads face a stark choice: pay per-token cloud fees that compound as usage scales, or buy hardware locked to proprietary st
Clockwork.io Introduces A New Class of Fault Tolerance to End Failure-Driven GPU Waste in AI Training11.3.2026 14:00:00 CET | Press release
New TorchPass solution addresses a multi-million dollar challenge with AI infrastructure; uses Live GPU Migration to keep large-scale AI training running through hardware failures instead of forcing costly restarts PALO ALTO, CA / ACCESS Newswire / March 11, 2026 / Clockwork.io, the leader in Software-Driven AI Fabrics™- a programmable, vendor-neutral software layer that optimizes large-scale GPU clusters for real-time observability, fault tolerance, and deterministic performance-today announced the general availability of TorchPass Workload Fault Tolerance. This new class of software-driven fault-tolerance eliminates one of the most costly failure modes in large-scale AI training: catastrophic job restarts caused by infrastructure faults. Delivered as a core capability of the Clockwork.io FleetIQ™ platform, TorchPass applies the principles of Software-Driven AI Fabrics to distributed training, using Live GPU Migration to allow workloads to continue running through GPU failures, networ
Datavault AI CEO Nathaniel Bradley to Present at Luminary 2026 During Oscars Weekend in Los Angeles11.3.2026 12:00:00 CET | Press release
Datavault AI (Nasdaq:DVLT) Debuts Tokenized Legacy™ Platform and ADIO® Technology at Beverly Center Alongside Scott Page's My Moon Experience, Pink Floyd Live Performance, and Entertainment Industry Luminaries PHILADELPHIA, PA / ACCESS Newswire / March 11, 2026 / Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real‑world asset tokenization technologies, today announced that Chief Executive Officer Nathaniel (Nate) Bradley will deliver a featured presentation at Luminary 2026 - Film, AI, Music and Crypto Innovators, a premier conference taking place Saturday, March 14, 2026, at the Beverly Center (8500 Beverly Blvd, Suite 835, Los Angeles, CA 90048) as part of Oscars Weekend 2026. The Luminary 2026 event is produced by Space Blue/MMF (Dallas Santana) and Hollywood Road Show TV (Chantelle Borelli) and forms the centerpiece of a four-day entertainment and technology activation series running March 1
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