Company Research Report on HIVERY

Company Overview

Name

HIVERY

Mission of the Company

Transform decision-making in commerce for the world's retailers and brands.

When was the Company Founded and By Whom

HIVERY was founded in 2015 as part of the Coca-Cola Founders Program.

Key People in the Company

No information available

Headquarters

Locations:

Japan:

Shiroyama Trust Tower 9F, 4-3-1 Toranomon, Minato-ku, Tokyo, Japan. 105-6009

USA:

Suite 6000, 902 McClain Rd, Bentonville, AR 72712

Australia:

Level 40, 2 Park Street, Sydney, NSW 2000

Number of Employees

No information available

Revenue of the Company

No information available

What is the Company Known For

HIVERY is known for pioneering next-generation hyper-local retail assortment strategy simulation and optimization analytics.

Products

HIVERY Curate

HIVERY Curate is the primary product offering from HIVERY, designed to leverage AI-driven insights for space-aware assortment optimization and at-shelf strategy simulation. It utilizes advanced machine learning and applied mathematical models to prescribe ideal assortments based on merchandise constraints, predicting the impact at the store level within minutes.

Key Features of HIVERY Curate

AI-driven Visual Insights: Makes difficult decisions easier with data-backed visuals.

Hyper-local Store-level Insights: Provides highly detailed insights at individual store levels.

Dynamic Strategy Simulation: Allows users to simulate and validate dynamic strategies aligning with brand and retailer goals.

Predictive KPIs: Generates predictive Key Performance Indicators to guide assortment strategies.

Frequent Strategy Iteration: Enables faster iteration on category strategies, accommodating real-world constraints.

Recent Developments

Podcast: Measuring Assortment Impact With AI: Strategy to Execution (May 29, 2024)

Leveraging Store-level Data Insights to Decode Consumer Preferences in Pack Size and Product Assortment (December 04, 2023)

Retail Space Optimization: Strategies for Successful Space Planning (December 05, 2023)

New Products Launched

HIVERY Curate 1.0: Launched on January 30, 2024, it is a revolutionary AI-powered SaaS platform for advanced assortment and planogram generation, aimed at transforming retail and CPG brand strategies.

New Features Added to Existing Products

No information available

New Partnerships

HIVERY has:

Received a Japanese Government Grant to accelerate innovation in the retail sector (June 16, 2023).

Named Finalist in the Premier’s NSW Export Awards 2023 for the 5th year running, denoting recognition of its excellence and innovation in international trade (September 17, 2023).

Awards and Recognitions

Awards

CB Insights’ 2023 Retail Tech 100 List: HIVERY named for its pioneering hyper-local retail solutions.

Fast Company’s Most Innovative Companies for 2023: Recognized for their innovative contributions to retail strategy optimization.

Conclusion

HIVERY stands out as a leader in hyper-local retail assortment strategy and optimization, leveraging cutting-edge AI and machine learning to provide actionable store-level insights. Its flagship product, HIVERY Curate, plays a pivotal role in transforming how CPG brands and retailers approach assortment planning and space optimization, driving significant business value through data-driven strategies.