We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » Symphony EYC Acquires Fifth Dimension
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Symphony EYC Acquires Fifth Dimension

April 11, 2016
No Comments

Palo Alto, CA, April 11, 2016 - Symphony EYC, a global leader in delivering ROI for retailers and manufacturers using customer insights to drive execution, has announced the acquisition of Fifth Dimension. Headquartered in Milton Keynes, UK, and with an office in Jacksonville, Florida, Fifth Dimension helps retailers and CPG manufacturers optimize space and assortment planning decisions through the use of advanced store planning, 3D store and product visualization solutions.
Retailers are continuously challenged to provide customers with a compelling in-store experience that retains their loyalty and that also drives financial performance. Using Fifth Dimension's optimization solutions and virtual environments, retailers can simulate and evaluate assortment and space alternatives based on shopping behavior, market trends and product performance. This enables them to replace their traditional physical, resource and cost constrained approach associated with store space planning and reduce the time from concept to in-store execution.
According to Gartner, "3D visualization will provide significant savings over the traditional methods of testing new layouts and merchandising ideas. It also creates innovation opportunities for both retailers and manufacturers by offering economical alternatives to creating physical virtual store labs." Gartner, Inc., Hype Cycle for Retail Technologies, 2015, John Davison, Miriam Burt, Robert Hetu, Kelsie Marian, July 17, 2015.
The combination of the Fifth Dimension solutions and the Symphony EYC Merchandising and Category Management product suite for integrated assortment, store and shelf planning and optimization will provide retailers and CPG manufacturers with the unique ability to model the impact of their decisions on the assortment, resizing of category space, and overall in-store shopping experience.
"Changes in shopping habits are creating a strong demand for differentiation in the way stores are configured, across multiple locations and formats," said Graeme Cooksley, President and Managing Director, Symphony EYC GOLD Solutions. "By eliminating the need for physical retail space when evaluating the viability of category concepts and in-store innovations, Fifth Dimension is able to remove cost and time from the retailer's space planning process and enable them to accelerate delivery of the best possible shopper experience. The combined strength of Fifth Dimension and Symphony EYC's Merchandising, Category Management and Supply Chain solutions will deliver the only offering in the market that truly focuses on elevating category management to be a strategic differentiator within our customers' organizations."
Mike Letchford, CEO, Fifth Dimension, added: "We're very excited about today's announcement with the great synergy that exists between the proven merchandising and supply chain capabilities of the EYC and GOLD retail platform and our own virtual macro and micro space planning and optimization solutions. Combining these capabilities creates an unrivaled offering that enables retailers and manufacturers to accelerate their concept to in-store execution process and better meet evolving shopper demands."
Additional Resources
• Symphony EYC Welcomes Fifth Dimension
• Discover Fifth Dimension solutions

About Symphony EYC
Symphony EYC is a strategic partner to more than 1000 retailers, manufacturers and wholesalers worldwide, offering sophisticated customer analysis services and the industry-leading GOLD unified retail platform. The breadth of Symphony EYC solutions and services optimize profitability by delivering highly targeted product assortments across all channels supported by reliable and responsive retail operations and supply chain execution. Symphony EYC customers include 15 of the world's 30 largest retailers, thousands of retail brands, and hundreds of national and regional chains. More at www.eyc.com.

More Info: http://www.eyc.com/welcome/fifth-dimension/press-release

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
  • Related Articles

    Symphony EYC Names Two New Americas Executives

    Symphony EYC and The Partnering Group (TPG) Collaborate on Breakthrough Joint Business Planning (JBP

    Symphony EYC and Infosys Partner to Bring Rapid Cloud Deployments to Retailers and CPGs

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Relaxed regulations for drone parcel delivery to take effect in March

  • Gartner survey signals increased investment in resilience over the next two years

  • Increasing Urgency for Vaccine Supplies Drives Launch of New Vaccine Manufacturing Resources on Thomasnet.com

  • IBM survey says digitalization trends will sweep trucking industry by 2030

  • What Level of Automation is Right for Your Warehouse?

Now Playing on DCV-TV

Ef7899d1 1c83 487b 9291 8af692931c96

myQ Dock Management

DCV-TV 4: Viewer Contributed
Introducing myQ Dock Management. Connect your loading dock equipment and iDock Controls from Poweramp, McGuire, or DLM to the cloud and view your loading activity online with myQ Dock Management.Facilities with myQ can monitor the real-time status of their docks and be proactive in improving efficiency and safety. ...

FEATURED WHITE PAPERS

  • Time to rethink your lift truck power

  • Warehouse Management System Project Toolkit

  • Solving Talent Management Challenges Now and In the Future

  • Shaping Up Last Mile Delivery to Surpass Customer Expectations

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing