Latest DemandTec Release Advances Collaboration and Analytics on the DemandTec Network
New features offer deeper analytics and collaborative business planning for DemandTec customers
SAN MATEO, Calif., May 2, 2011 /PRNewswire/ -- DemandTec, Inc. (NASDAQ: DMAN), the collaborative optimization network for retailers and consumer products companies, today announced its latest services release has been deployed across the network and is in use by existing customers. This network update introduces richer integrated price and promotion planning capabilities, a revamped and streamlined user interface for consumer products users, and enhanced social messaging and collaboration capabilities on the network.
Significant enhancements to DemandTec services on the network include:
- DemandTec Lifecycle Price Optimization™ – New capabilities for more integrated and effective price and promotion planning, including functionality to generate what-if scenarios based on alternate future promotion strategies.
- DemandTec Shopper Insights™ – A new shopper insights dashboard combining the insights of demand models with the power of shopper segment level context.
- DemandTec Decisions™– An entirely new, streamlined user interface for the Customer Trade Planning software service.
- DemandTec Connect™ – New functionality allowing each organization on DemandTec its own site inside the network, including a document library and message board for document sharing and community creation.
"DemandTec is revolutionizing decision-making by further aligning retail merchandising and marketing planning processes, and layering in important collaborative capabilities on the network," said Marc Dietz, Vice President of Marketing for DemandTec. "This latest network update represents exciting advancements in DemandTec science and software services to help drive even more value for our customer community."
DemandTec is a network of shared solutions and services for more than 350 retailers and consumer products companies to transact, interact, and collaborate on core merchandising and marketing activities. During the last 12 months, a community of 16,000 active end-users on DemandTec collaborated on 1.2 million trade deals.
About DemandTec
DemandTec (NASDAQ:DMAN) connects more than 350 retailers and consumer products companies, providing common solutions to transact, interact, and collaborate on core merchandising and marketing activities. DemandTec's services enable customers to achieve their sales volume, revenue, shopper loyalty, and profitability objectives. DemandTec customers have collaborated on nearly four million trade deals. DemandTec software and analytical services utilize a science-based platform to model and understand consumer behavior. DemandTec customers include leading retailers and consumer products companies such as Ahold USA, Best Buy, ConAgra Foods, Delhaize America, General Mills, H-E-B Grocery Co., The Home Depot, Hormel Foods, Monoprix, PETCO, Safeway, Sara Lee, Target, Walmart, and WH Smith.
DemandTec Safe Harbor
This press release contains forward-looking statements regarding DemandTec's expectations, hopes, plans, intentions or strategies, including statements about the benefits of DemandTec's solutions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in DemandTec's documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to DemandTec as of the date hereof, and DemandTec assumes no obligation to update these forward-looking statements.
Media Contact:
Karen Cohen, DemandTec, Inc.
(650) 645-7126
[email protected]
Investor Contact:
Tim Shanahan, DemandTec, Inc.
(650) 645-7103
[email protected]
DemandTec and the DemandTec logo are registered trademarks of DemandTec, Inc. All other trademarks are the property of their respective owners.
SOURCE DemandTec, Inc.
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