Company Research Report: Centric Software
Company Overview
- Name: Centric Software
- Mission: Centric Software aims to create technologies that drive go-to-market innovation and value creation for consumer goods retailers, brands, and manufacturers.
- Founded: Over 20 years ago in Silicon Valley
- Founder(s): No information is available
- Key People:
- Chris Groves: CEO
- Fabrice Canonge: President
- Stacey Charbin: CMO
- Laurent Dubuisson: SVP, Global Services
- Joe Groves: SVP, Global Sales
- Marie-France Nelson: CFO
- Ravi Rangan: CTO
- Humberto Roa: VP of Innovation
- Ron Watson: EVP Products, CSO
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Best-in-class product lifecycle management (PLM) solutions and AI-driven digital transformation tools for various industries.
Products
Centric Software offers several products focused on PLM and AI-driven solutions for consumer industries:
1. Centric PLM
- Description: Streamlines product design, development, and sourcing.
- Key Features:
- Reduces costs and time to market
- Enables sustainability goals
- Seamless collaboration features
2. Centric Planning
- Description: Builds and executes merchandise financial plans.
- Key Features:
- AI-driven retail planning
- Optimizes margins and forecasting
3. Centric Pricing & Inventory
- Description: Automates pricing decisions across products and channels.
- Key Features:
- AI-driven price and inventory optimization
- Maximizes margins and decreases inventory
4. Centric Market Intelligence
- Description: Provides insights into competitive assortments, pricing strategies, and consumer trends.
- Key Features:
- Competitive benchmarking
- Market opportunity identification
5. Centric Visual Boards
- Description: Enhances marketing, merchandising, and design collaboration.
- Key Features:
- Data-connected digital boards
- Visual planning of product assortments
Recent Developments
Recent Launches and Expansions
1. AI Fashion Inspiration:
- Integrates AI across the product lifecycle.
2. Centric Pricing and Inventory:
- Acquired AI-driven predictive pricing retail automation platform, now offering enhanced pricing and inventory features.
Recent Partnerships
1. FoodChain ID Partnership:
- Enhances regulatory compliance capabilities for Food and Cosmetics companies.
Innovations and Awards
- Awarded by Frost & Sullivan and Global Tech Awards for innovations in AI and PLM solutions.
- Continuous additions such as connectors for leading 3D design tools, and market intelligence capabilities acquired through StyleSage.
Summary
Centric Software specializes in delivering innovative PLM solutions that streamline product lifecycles and optimize market performance through advanced AI technologies. With a diverse suite of applications, Centric Software supports multiple industries, enhancing collaborative processes, ensuring compliance, and enabling sustainability. The company maintains a strong emphasis on customer-centric innovation and continuous improvement, evidenced by its prestigious industry awards and strategic partnerships.
