Cloud-based data analytics and loss prevention solutions provider Agilence has introduced its new 20/20 Data Analytics unified analytics platform, which helps generate actionable business insight.

Building on Retail 20/20 reporting software, 20/20 Data Analytics offers retailers the ability to gain meaningful, data driven, operational insights to improve profits and margins, better serve customers, and ensure policy compliance.

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20/20 Data Analytics offers executive level dashboards, predictive modeling, prescriptive alerts, and operational level reporting under one platform.

"20/20 is the most comprehensive data analytics tool specifically designed for the retail and food and beverage industries."

Designed around customer feedback, it can perform a wide array of customisable analytics with an easy-to-use interface.

Every level of personnel within the firm can receive the information and visibility into operations to improve the business.

Agilence president and CEO Russ Hawkins said: "With the creation of the 20/20 Data Analytics platform, we have far exceeded what is expected of traditional exception reporting software. Our customer’s operations, merchandising, supply chain and finance teams are using its advanced analytics to quickly capitalise on growth opportunities and to identify and solve problems across a wide variety of functionally diverse applications.

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"Data analytics is the key to creating a thriving future and 20/20 is the most comprehensive data analytics tool specifically designed for the retail and food and beverage industries."

The 20/20 Data Analytics platform currently includes 20/20 Retail Release 2.0 and 20/20 F&B for restaurants.

The firm plans to launch 20/20 Rx for pharmacy operations soon.