After the Düsseldorf-based startup aifora closed one of Germany’s largest seed financing rounds in 2018 with €3 million, the company is now receiving fresh growth capital totaling €7 million.
We see many retail experts who are afraid of “the cloud”. But in the end, it’s just someone else’s computer. In order to process big amounts of information, we need a well-performing computer system that is robust and resilient.
Jean-Baptiste Collet has joined aifora a year and a half ago, since than he has accompanied various retailers through the onboarding process and project execution. In an interview he told us a bit more about his role as CSM.
Executives often believe that they have to choose between a “right” and a “wrong” compromise. But are these decisions really effective?
While many businesses surround themselves in this cloud of skepticism, others are thriving by accepting the change.
Algorithms determine the future: Why they work more objectively and are more scalable than humans, but will never entirely replace humans.
If setting the right price is so crucial for both winning customers and making profits, how exactly do retailers set prices? The answer depends on the time period in history that you’re considering.
On May 5, 2020, the NRW Bank will become an investor in the Düsseldorf-based start-up aifora. Capnamic Ventures, an investor in aifora since 2018, has also increased its investment in the young company. The total investment is in the 7-digit range.
To remain competitive in the dynamic retail market, ADLER launched its “Strategy 2020”. At the core of this strategy: customer-centricity powered by a data-driven business model. One crucial element of this approach is to continuously offer the right merchandise in the right quantity in the right place, at the right time.
When it comes to climate change, one sector that has a particularly bad rep is the fashion industry. With resource-intensive production processes and extensive global supply chains, fashion retailers contribute significantly to CO2 emissions.