Business

Agilence parnters with Sears

Posted May 04, 2016 1:00 am

Daily Herald Wire Services

Agilence Inc., a provider of data analytics solutions in Mount Laurel, New Jersey, announced Wednesday it will provide its solution to Sears Holdings Corp.'s Asset & Profit Protection unit.

The Sears unit will utilize the Retail 20/20 platform as its next generation analytics platform to enable the company to identify fraud, process and operational anomalies. Terms of the deal were not disclosed.

"We were looking for a solution that went beyond traditional asset protection/loss prevention solutions, one that could improve our analytical posture from day one," said VP & Chief Security Officer Scott Glenn.

"At Agilence we strive to build applications that provide actionable insights and prescriptive alerts, which free users to focus on solving problems and generating profits," said Agilence President & CEO Russ Hawkins. "We are very happy to add Sears Holdings Corporation to the Agilence community, and our team is looking forward to a productive long term partnership."

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