Celect partners with Current, powered by GE

Smart Outcomes for Enterprises, Cities Grow as Current, powered by GE Expands Digital App Catalog

Boston, MA – June 14, 2016 -- To broaden business outcomes and use cases, Current, powered by GE (NYSE: GE), continues to grow its Intelligent Environments App catalog. Six new partners join the company’s expanding digital ecosystem, pairing sensors and software with Current’s energy-centric infrastructure and GE’s Predix cloud platform to drive new learnings and outcomes for commercial and municipal customers.

These latest extensions come just two months after Current announced the addition of 15 partners and microservices to its open Intelligent Environments ecosystem. Sensors and software from these partners are either embedded within Current’s intelligent LED infrastructure or paired with microservices and data collected through the LEDs to drive deeper analytics and insights.

“We’re able to help customers use core infrastructure to not only optimize energy use but serve as the aggregator for digital interactions that drive value, even as needs change over time.” says John Gordon, Chief Digital Officer, Current, powered by GE. “Customers will be able to pick and choose the capabilities they want in their solution to solve for unique challenges and bring their own app partners and developers to innovate solutions against Current’s Intelligent LEDs and Predix.”

The latest partnerships include:

  • Celect – This predictive analytics and optimization platform, one of the 50 greatest innovations MIT’s Computer Science and Artificial Intelligent Lab has ever produced, enables retail buyers, merchandisers, planners and inventory analysts to increase sales, margins, and reduce markdowns by placing the right product, in the right place, at the right time - across all channels. Paired with precise location data generated from Current’s intelligent LEDs, Celect allows retailers to understand how an individual customer shopping at a specific location chooses from an assortment of products.

  • RetailNext – The first retail vertical IoT integrated platform to bring e-commerce-style shopper analytics to brick-and-mortar stores, brands and malls, RetailNext is a pioneer in focusing entirely on optimizing the shopper experience. Through its centralized SaaS platform, RetailNext automatically collects and analyzes shopper behavior data, providing retailers with insights to improve the shopper experience real time. Working in conjunction with data driven through Current's LEDs, retailers will gain powerful insights on how customers shop, their traffic patterns, how often and how long they visit, how they enter the store and more to influence store layout, staffing, and other factors.

Read the rest of the announcement >


Topics: assortment optimization, announcements

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