Profitect

Profitect Inc is a cloud-based software as a service company offering a prescriptive analytics solution to retail and consumer packaged goods (CPG) organizations worldwide. Its customer base includes brands like Abercrombie & Fitch, Sobeys, and Walgreens, among others.

Profitect’s prescriptive analytics uses artificial intelligence, pattern recognition, and machine learning algorithms to analyze its customers' data, identify areas for improvement, and distribute them to an appropriate stakeholder. Each notification includes a description of what was found and how the recipient should respond to it. Notifications may also be accompanied by relevant materials to facilitate resolution, such as links to CCTV footage, photos, or standard operating procedures.

In 2012, Profitect began to offer its prescriptive analytics solution to retail and CPG customers.

Profitect’s prescriptive analytics solution was awarded the Retail Industry Leaders Association (RILA)’s Retailers’ Choice Award for three consecutive years, in 2016, 2017, and 2018.

In December 2017, Profitect moved its corporate headquarters to Burlington, Massachusetts.

Profitect's customer list includes Abercrombie & Fitch, Ahold USA, Ascena Retail Group, Boots UK, DSW, Safeway, Sobeys, Ulta Beauty, and Walgreens, among others.