Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the FMCG industry. This time, you get to discover 5 hand-picked cloud computing startups.
Global Startup Heat Map highlights 5 Top Cloud Computing Startups out of 231
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 231 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 cloud computing startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 226 cloud computing solutions, get in touch.
Shelvspace develops a Shelf Management Solution
Consumer packaged goods (CPG) companies sell their products through retail stores located worldwide. The data coming in from these stores help the brands make decisions related to restocking. However, often there still is a lag between real-time inventory levels at stores and replenishment. This leads to products being off the shelf and companies losing sales as a result. To close this gap, startups are developing cloud-based solutions that enable companies to understand stock details in real-time as well as predict market demand with high precision.
Shelvspace is a US-based startup that develops an integrated solution for FMCG companies to close store-level execution gaps. The startup creates a retail shelf management solution that consolidates all fragmented store-level data. This data is then used to deliver actionable insights to companies so that their product is always on-shelf, ready to be sold. The startup’s SMARTLists automatically alert last-mile teams regarding the sales opportunities and voids to fill.
Yunxi Technology provides Marketing and Customer Service Solutions
Improving customer’s digital experience plays an important role in product sales and customer retention. To this end, startups develop digital customer experience solutions that assist FMCG companies to increase repurchases, lower marketing costs, and ensure continuous business growth. These solutions use big data and advanced analytics to build a valuable consumer experience.
Chinese startup Yunxi Technology facilitates the digital transformation by offering solutions and products including cloud services, multi-channel marketing, and sales intelligence for FMCG companies. Its i-service product is an AI-powered omnichannel customer service platform. I-marketing is another product that allows companies to monitor marketing data in real-time to analyze their campaigns’ effects. This further empowers FMCG brands to build precise and automated marketing strategies that drive sales.
TradeCheck builds an Online Merchandising Platform
Retail merchandising techniques greatly influence a product’s recognition and popularity in the market. That is why FMCG companies invest heavily in retail store audits, ensuring that stores comply with agreed-upon standards. This includes reports on the presentation of a product in the store as well as inventory checks. In turn, these reports from the stores help reduce out-of-stock (OOS) events and negotiate for better representation. Thus, startups offer cloud computing solutions that simplify the merchandising process for consumer goods companies.
Russian startup TradeCheck provides a solution for FMCG companies to control the presentation of their product in stores and keep track of its availability. The TradeCheck platform is a cloud service based on machine learning and image recognition technology. Its analytics feature allows companies to constantly access necessary information from outlets. This enables them to make data-driven decisions related to inventory levels and ask for a refund from the trading network in the case of a breach of the agreed conditions.
NOAH Technologies optimizes the Supply Chain for Consumer Goods Manufacturers
With increased competition in the market, FMCG companies constantly look to improve their operations and reduce costs to achieve an advantage over their competitors. For instance, the implementation of cloud-based platforms for production, logistic, and distribution management, closes supply chain gaps. Streamlining helps companies keep up with the market demand and improve their KPIs.
US-based startup Noah Technologies offers an open, cloud-based sourcing management platform for consumer goods manufacturers. The Noah platform leverages cloud, machine learning, and artificial intelligence technologies to help businesses optimize their processes as well as increase efficiency. Manufacturers directly collaborate with vendors through the platform to make production-related decisions. The startup’s solution automatically synchronizes purchase orders (POs), vendor data, and inventory with enterprise resource planning (ERP) systems. Noah also optimizes inbound and outbound shipment operations through automated bookings and auto-generated shipping documents.
Muventa develops a Cloud-based Commerce Platform
Because of the drastic shift of consumers towards online shopping, FMCG enterprises need to optimize their online presence in order to keep up with the competition. However, some companies still struggle to adopt eCommerce because of technological limitations and budget constraints. That is why startups provide technological solutions for retailers and consumer goods companies to digitize their business and make the transition smooth.
Brazilian startup Muventa develops cloud-based eCommerce platform solutions for FMCG companies and retailers. The startup’s cloud-based Software-as-a-Service (SaaS) solution, E-Scale, is an API-based platform. The software solution is tailored to the client’s requirements with backend and frontend workflow customization. E-Scale allows companies to manage B2B and B2C sales through one platform. Additionally, the digital commerce platform enables companies to reach new prospective customers. Additionally, the startup offers cloud-based eCommerce platforms for small businesses and billing solutions for technology companies.
Discover more FMCG Startups
FMCG startups such as the examples highlighted in this report focus on sustainability, customer experience, 3D printing as well as direct distribution. While all of these technologies play a major role in advancing the FMCG industry, they only represent the tip of the iceberg. To explore more technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Industry Innovation Reports to save your time and improve strategic decision-making.