reports record year for Retail 20/20 Exception
Extraordinary customer growth and
features lead to wide adoption of SaaS-based exception reporting
MOUNT LAUREL, NJ, February 12, 2015 - Agilence, Inc., the
provider of next-generation exception reporting solutions for retail loss
prevention and operations, today announced record growth driven by the
extraordinary adoption of Retail 20/20.
In just its second year of release, the SaaS-based exception reporting
was implemented at 20 customers in 2014 including: Uniqlo, Hy-Vee, Price
Chopper, and A&P. Retail 20/20 is now processing over 20 million
per day from both physical and ecommerce locations. In addition, Retail
now handling 10 million inventory events per day from over 13,000 locations
the United States spanning multiple vertical segments from specialty apparel
department stores to grocery, drug, and hardware chains.
"2014 was a phenomenal year for Agilence. We have worked hard to
best exception reporting solution in the world and based on the remarkable
customer acceptance, we believe we have succeeded," said Russ Hawkins,
Agilence, Inc. "Based on the current forecast and the significant new
planned for 2015, we expect to have even greater success."
In 2014, Agilence released the first major update to Retail 20/20 which
ACT, an Automated Compliance Tool that enabled the application to
identify anomalies in the data and notify users. In addition, ACT also
a workflow component to enable retailers to act on these alerts, track their
compliance, and report on the success of each monitor and alert.
Finally, Agilence was able to double the speed of the application in a
environment delivering the fastest exception reporting solution in the
today while still allowing users to query their data any way that they
"We are laser-focused on creating a solution that delivers the ultimate
flexibility and performance while also maintaining its unprecedented
ease-of-use," said Derek Rodner, VP, Product Strategy, Agilence, Inc.
the addition of many new features that enabled our customers to do their
better and faster. In 2015, we will continue that focus and plan to more
double the features and capabilities of the solution."
If you are interested in joining the team at Agilence, please visit
agilenceinc.com/join-team, or call us at 856-366-1200.
is the industry leader in next-generation exception-based reporting
for retail loss prevention and operations. Agilence develops Retail 20/20™,
highly flexible and powerful, cloud-based reporting solution that provides
visibility into daily store operations to reduce fraud and operational
inefficiencies. Retail 20/20 provides users with a complete view of their
business, empowering them to make informed decisions faster, to increase
efficiency and improve profit margins across the enterprise. Founded in
Agilence, Inc. is headquartered in Mount Laurel, NJ. To learn more about
Agilence, please email
firstname.lastname@example.org or call 856-366-1200.