PTC Retail launches Flex Insights platform to help retailers harness their critical business information

PTC Retail has announced the availability of Flex Insights - a low code platform designed to help brands and retailers unlock the power of their data to drive faster and better decision-making during planning and product development.

Leveraging PTC’s ThingWorx IoT technology, Flex Insights extends the capabilities and functionality of the company’s retail product lifecycle management platform, FlexPLM, and is available through a series of apps, including critical path management, compliance tracking, visual line planning and sustainability analytics.

Personalisation features aim to improve the user experience and put real-time data, imagery, and actionable insights at user’s fingertips.

“We’re constantly striving to improve business processes to drive speed, collaboration and efficiency,” says Corina Brügger, Service Transition Manager at Intersport.

“The Flex Insights Critical Path Management app shows everyone the status of each product and the steps that need to be complete to get our products to market faster.”

 “In today’s fast paced environment, brands and retailers have no shortage of data, but many continue to struggle with how to harness their critical business information,” says Bill Brewster, Senior Vice President, and General Manager at PTC’s Retail Business Unit.

“They spend a lot of time managing data and generating reports, yet still find it difficult to get the right information, to the right people, in the right format quickly enough to make meaningful business decisions.”

“I’m thrilled to announce the availability of Flex Insights, with its ability to analyse large amounts of data, this customer proven offer from PTC Retail has the ability to help companies make better product development decisions with speed, accuracy and efficiency, uncovering correlations and identifying patterns that were once not possible.”