#USA #San Francisco #Tredence #Data Intelligence #Databricks

Tredence Celebrates a Historic Four-Time Win

Tredence, a global frontrunner in data science and AI solutions, has made headlines yet again by securing the Databricks Retail and CPG Partner of the Year Award for the fourth consecutive year at the prestigious Data + AI Summit. This accolade is a testament to Tredence’s expertise in leveraging the Databricks Data Intelligence Platform, enabling significant advancements for clients in the retail and consumer packaged goods (CPG) sectors.

This award ceremony is not just a celebration of achievements but also a recognition of Tredence’s unwavering commitment to enhancing data and AI infrastructure. According to Morgan Seybert, President and Chief Business Officer of Retail at Tredence, the company has gained trust from eight of the ten largest global retailers. Tredence is acknowledged for modernizing these retailers’ data foundations and operationalizing Generative AI, which significantly accelerates their capabilities.

The unique approach that Tredence embraces combines a solid understanding of the retail landscape with innovative AI technologies. The collaboration with Databricks, a leading data and AI company, has empowered Tredence to help its clients adapt and thrive in an ever-evolving market. According to Seybert, "We help industry leaders modernize their data foundations, improve governance, and operationalize GenAI to tackle complex data science and data engineering challenges at scale."

Notable Achievements

Tredence’s success in the past year can be quantified by substantial business value delivered to leading retailers and CPG companies, including:

• - Modernization Impact: Tredence contributed to achieving $220 million in EBITA and $13 million in labor savings through improved forecasting accuracy for a prominent US grocery chain.
• - Revenue Growth through Intelligent Activation: The company facilitated a large American retailer in generating over $58 million in their Retail Media Network by reducing platform licensing costs and drastically accelerating insights for marketing and customer experience teams.
• - AI and GenAI Industrialization: Tredence scaled enterprise-level GenAI, leading to three times faster implementation, a 30% productivity boost, and complete compliance for a leading CPG company.

A Commitment to Bridging Insights and Action

Sagar Balan, Chief Business Officer of CPG at Tredence, emphasizes the vitality of speed and precision in driving growth within the consumer goods industry. Tredence’s approach aims at bridging the gap between insights and actionable outcomes, harnessing Agentic AI and predictive forecasting to optimize retail spaces effectively. "We help brands grow by closing the gap between insights and actions, transforming data from a passive resource to a dynamic contributor that generates value," Balan said.

Industry Recognition

In addition to this remarkable recognition, Tredence was also honored as the Databricks Growth Partner of the Year for North and South America, solidifying its place as a trusted data and AI partner for top companies across the region. Matt Jackson, Vice President of Sales, Retail & Consumer Goods at Databricks, acknowledged Tredence's role in pushing the boundaries of how data and AI can create value for their clients.

"Their focus on the impact of analytics, coupled with a robust library of Brickbuilder Solutions, enables Retail and Consumer Goods entities to move from data to decisions more swiftly than ever before," Jackson remarked.

About Tredence

With over 3,500 employees located in pivotal cities such as San Francisco, Chicago, London, Toronto, and Bengaluru, Tredence provides data science and AI solutions aimed at solving the last-mile problem—transforming insights into real-world business value. The company serves a myriad of industries including retail, consumer goods, high technology, telecommunications, healthcare, travel, and more.

For further information about Tredence and its innovative solutions, visit www.tredence.com and follow them on LinkedIn.