Tyco Retail Solutions wins 2018 AIM Case Study Competition
Industry recognition for innovation and technology leadership in RFID solution development
NEUHAUSEN, Switzerland — October 23, 2018 — Tyco Retail Solutions has been recognized for its innovation and technology leadership in developing and delivering a portfolio of RFID-enabled solutions, providing retailers with real-time in-store visibility and predictive analytics to help drive sales, improve operations and deliver a differentiated brand experience. The company is the recipient of the 2018 Case Study Competition from AIM, the trusted worldwide industry association for the automatic identification industry for nearly half a century.
Presented annually by AIM, the Case Study Competition recognizes Tyco Retail for its innovative TrueVUE® Inventory Intelligence solution, offering retailers a “real view” into accurate enterprise-wide inventory availability— throughout the store and across the enterprise — for success in today’s connected always-on, always-open world of unified commerce.
“Leveraging smart technology, such as RFID, is critical to success in this age of retail transformation,” said Subramanian Kunchithapatham, vice president, engineering, Tyco Retail Solutions. “Progressive retailers understand the power of IoT-enabled RFID solutions to connect stores, inventory, shoppers and associates within the digital retail world. By leveraging our real-time data and actionable insights, we enable retailers to create a seamless customer experience in this digitally-driven shopping world. It’s an honor to be recognized by AIM for our commitment to innovation and industry standards.”
To keep pace with today’s 24/7 connected consumers, retailers cannot rely on traditional inventory management methods. Greater automation through RFID in retail is a game changer in driving inventory accuracy and visibility—key to execution and omni-channel fulfillment. RFID-enabled TrueVUE Inventory Intelligence helps retailers trust their inventory availability, reduce markdowns, improve style sell through, and increase sales and margins. Now, retailers can access their full inventory assortment and establish enterprise-wide inventory accuracy in key product categories to fulfill customer demand. Having this level of inventory accuracy and visibility helps drive increased sales to provide a better customer experience and build brand loyalty.
About Johnson Controls
Johnson Controls is a global diversified technology and multi industrial leader serving a wide range of customers in more than 150 countries. Our 120,000 employees create intelligent buildings, efficient energy solutions, integrated infrastructure and next generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. We are committed to helping our customers win and creating greater value for all of our stakeholders through strategic focus on our buildings and energy growth platforms. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.
About Tyco Retail Solutions
Tyco Retail Solutions, part of Johnson Controls, is a leading provider of analytics-based Loss Prevention, Inventory Intelligence and Traffic Insights for the retail industry. Our solutions deliver real-time visibility and predictive analytics to help retailers maximize business outcomes and enhance the customer experience in a digitally-driven shopping world. Our more than 1.5 million data collection devices in the retail marketplace capture 40 billion shopper visits and track and protect billions of items each year. Our retail portfolio features the premier Sensormatic®, ShopperTrak® and TrueVUE® brands, as well as a full suite of building technology solutions. For more information, please visit TycoRetailSolutions.com, or follow us on LinkedIn, Twitter, and our YouTube channel.