Microsoft publishes case study, Invigor shines
Leading data and analytics solutions company, Invigor Group (ASX:IVO), yesterday revealed that its SpotLite and Shopper Insights products have been featured in a joint case study published by Microsoft.
IVO penned a strategic memorandum of understanding (MoU) with Microsoft last year. The release of this case study further exemplifies the collaborative nature of this relationship.
Published on the Microsoft News Centre, the study examines how IVO’s products, which are hosted on Microsoft Azure cloud, help retailers become more data-driven by understanding the market and their customers, in turn making better business decisions that ultimate improve sales volume, value and margin.
The study explains the way IVO’s competitive pricing and promotional intelligence product, SpotLite, has driven the success of Brisbane-based retailer, Aussie Hi Fi, one of Australia’s first audio-visual specialists, through real-time competitor price monitoring and price optimisation.
It also looks at the benefits of IVO’s decision to move SpotLite and Shopper Insights — which provides customer segmentation and segment-based recommendations — onto the Microsoft Azure cloud, with the aim of making the most of the latest machine learning technologies and artificial intelligence capabilities.
IVO CEO, Gary Cohen, said that the case study provides ample validation of the Invigor product suite.
“Furthermore, it reaffirms the tightening business relationship we are building with Microsoft,” Cohen added. “As previously noted, our partnership with Microsoft helped facilitate the introduction between Invigor and Neal Analytics, and we look forward to updating shareholders on further outcomes stemming from this partnership in due course.”
It should be noted, however, that IVO is an early stage tech company and success is no guarantee. Investors should seek professional financial advice before making an investment.
When the experts at Next Investors have a stock pick, it may pay to listen.
The Next Investors have been investing in ASX small cap stocks for years, with their best small cap picks yielding returns of 1,200%, 1,120%, 900% and 678%.
They have just revealed their hand-picked, FY2021 stock portfolio of high conviction long-term investments.
Click the link below to see what they are currently investing in.
S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.