The Düsseldorf-based software company aifora has entered a partnership with the innovation consultancy KIVALUE. The companies will combine their expertise in the areas of artificial intelligence (AI) and big data and support the retail industry in developing data-driven business models.
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The AI software company aifora has moved within the Düsseldorf MedienHafen. One and a half years have passed since the founding of the start-up. Since then, aifora has not only outgrown its status as a start-up, but also its premises.
The Düsseldorf-based AI company aifora has developed a software that enables retailers to make intelligent price decisions in real time. With the textile retail chain NKD, aifora has now been able to convince another well-known retailer of the advantages of its solution.
Efficient merchandise management: Adler Modemärkte AG optimizes and automates supply chain with aifora
With the Software as a Service (SaaS) solutions from aifora, the fashion retailer ADLER is able to manage its inventory with the help of artificial intelligence – automated and in real time. This enables ADLER to make optimum use of sales and storage space and also reduce operating costs.
With the data-sharing and AI platform of the software company aifora, retailers can intelligently control their price and inventory management and thus significantly increase sales, turnover and earnings and reduce inventories.