Aptos’ Focus on Engaging Customers Differently Results in 83 Percent Revenue Growth Since Spinoff
ATLANTA, Jan. 11, 2018 /PRNewswire/ — Aptos, Inc., a recognized market leader in retail technology solutions, today announced its revenue has increased an astounding 83 percent since its spinoff from Epicor Software Corporation in June 2015. As one of the only end-to-end technology providers focused entirely on retail, Aptos now employs 1,300+ retail specialist colleagues worldwide.
Since Aptos was established as an independent company, it has been empowering retailers to engage customers differently, no matter when, where or how they shop. Aptos has also engaged its customers differently by partnering with retailers in authentic, collaborative ways that embody The Aptos Way, the driving force of its company culture.
Through both organic development and acquisition, Aptos now offers the industry’s most comprehensive set of omni-channel retail solutions for point of sale, customer relationship management, order management, sales audit, retail analytics, e-commerce, merchandising, forecasting, allocation and replenishment, merchandise and assortment planning, product lifecycle management, and supplier collaboration.
With nearly 40 percent of Aptos customers having $1 billion or more in revenue, Aptos can scale to support some of the world’s largest, international retailers, as well as regional retailers focused on hyper-growth. Currently, more than 1,000 retail brands across 60 countries leverage Aptos technology.
“Aptos’ maturation, in just two short years as an independent company, to a vendor capable of supporting tier 1 retailers, is timely, as retailers are looking for a vendor that brings a balance of organizational scale with agility,” said Robert Eastman, Research Manager, IDC Retail Insights.
“Aptos distinguishes itself across several areas: differentiating customer focus (“Engaging Customers Differently”); singular commerce platform for retailers; growing global scale and support; and a commitment to innovation and the cloud. Aptos is a force to be reckoned with in the retail sector.”
“The journey Aptos has been on is nothing short of amazing; it feels like we are kicking things into high gear,” said Noel Goggin, Aptos CEO and culture leader. “Combining our customer-first approach with an advanced, end-to-end technology suite and the power of the cloud, we are bullish on Aptos’ future and the impact we will have on retailers’ transformation strategies.”
According to Goggin, Aptos will maintain its focus on engaging customers differently, as well as its prioritization and investment in the following areas:
Advanced End-To-End Retail Solutions
Aptos’ Singular Commerce platform includes proven, scalable and widely deployed applications that unify the entire retail enterprise to enable singular commerce and seamless experiences.
In 2017, Aptos’ solution portfolio was extended through its acquisition of TXT Retail, which added TXT Retail’s best-of-breed merchandise lifecycle management (MLM) suite.
2017 Result: Aptos’ October 2017 acquisition of TXT Retail.
Order Management Mastery
Aptos Enterprise Order Management is fast becoming one of the most-deployed order management systems across retail. Aptos EOM is at the heart of Aptos’ Singular Commerce strategy and serves as the centralized commerce hub to profitably manage orders throughout their lifecycle, while delighting shoppers and connecting physical and digital channels.
Living in the Cloud
The cloud is fundamentally and rapidly changing the way retailers do business.
As a retail cloud pioneer, Aptos helps retailers transform the way they manage and deploy technology with its cloud-based solutions that drive speed to value, agility and growth.
2017 Result: Aptos experienced a 95 percent year over year sales increase for its SaaS solutions as more customers opted to deploy solutions in the cloud.
A Global Focus
Commerce is increasingly global. To support retailers in their international expansion, Aptos has scale and presence throughout NORAM, EMEA, LATAM and APAC, with 40 percent of revenue coming from outside of North America.
Of Aptos’ 1,300+ colleagues, 45 percent are based outside of the Americas.
2017 Result: Aptos has offices in 21 countries, and serves 660 retail clients around the world.
As Aptos has evolved into the global leader for end-to-end retail technology solutions, the company’s partner program has played a critical role in its growth and engaging customers differently.
Looking ahead to 2018, Aptos expects over 30 percent of its global implementations to be delivered by partners.
2017 Result: Aptos and its partners collaborated on a record high 165 client projects in 2017.
Commitment to Innovation
To help retailers create enterprises built for rapid change, Aptos announced the launch of Aptos Labs, a dedicated innovation development team.
With an emphasis on ongoing innovation, yielding new capabilities and intensifying return on investment, Aptos Labs developed a cloud-native, mobile-first and unified commerce services platform.
2017 Result: Launch of Aptos Labs and the development of a next-generation singular commerce platform.
About Aptos “Engaging Customers Differently”
In an era of virtually limitless choice, sustained competitive advantage only comes to retailers who engage customers differently – by truly understanding who they are, what they want and why they buy. At Aptos, we too, believe that Engaging Customers Differently™ is critical to our success. We are committed to a deep understanding of each of our clients, to fulfilling their needs with the retail industry’s most comprehensive omni-channel solutions, and to fostering long-term relationships built on tangible value and trust. More than 1,000 retail brands rely upon our Singular Commerce™ platform to deliver every shopper a personalized, empowered and seamless experience…no matter when, where or how they shop. Learn more: www.aptos.com
Follow Aptos on Twitter @Aptos_Retail
Aptos, the Aptos logo, “Engaging Customers Differently” and “Singular Commerce” are trademarks of Aptos, Inc. All other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Aptos, Inc.
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SOURCE Aptos, Inc.