Yourcegid Retail Triumphs In Asia: Cegid Wins The 2013 Retail Innovation Award For The Best POS Solution* And Strengthens Its Position In The Region

http://enterpriseinnovation.net/Retail_Innovation_Awards/
*Category: Store Front Solutions – Integrated POS Software

Cegid has won the Retail Innovation Award in Hong Kong in the “best Store Front Solution – Integrated POS Software” category for its Yourcegid Retail solution. This award comes just a little over one month after the close of the Retail Asia Expo held June 4-6, 2013 in Hong Kong, where Cegid, a software provider with international expertise, presented its latest innovations in the areas of mobility, omnichannel and store management to the world’s leading speciality retailers.

Cegid, an international enterprise management and vertical software provider, is one of the official winners of the 2013 Retail Innovation Awards. Held in Hong Kong and organized by the magazines Retail in Asia and Retail Tech Innovation (owned by Questex Asia), the Retail Innovation Awards showcase the best solutions and technologies dedicated to retailing in Asia.

Capping a month of voting by Retail market professionals and experts from around the world as well as the readers of the magazines that organized the event, the first Retail Innovation Awards competition resulted in honours for 17 innovative Retail solutions from three categories: front office, back office and marketing innovations.

The Yourcegid Retail solution, dedicated to store and merchandising management, was elected best POS management solution in the front office category. Present in Asia for six years (2007 in China, 2008 in Japan), Cegid attended the official awards ceremony on June 25 in Hong Kong.

This award not only constitutes recognition for Cegid and the Yourcegid Retail portfolio from retail professionals worldwide, but also demonstrates Cegid’s local expertise and reach. Yourcegid Retail helps specialty retailers in Asia and throughout the world manage their distribution networks, from purchases to sales and from the head office to the store. This Omnichannel solution exchanges and centralizes key information (inventory, customers, sales) from all sales channels in real time. It dovetails with the Omnichannel strategy pursued by the retailers who want to offer the new services customers demand, such as click & collect, gift cards, and much more.

“This award recognizes the successful deployment of our Yourcegid Retail solution, which is now used in more than 1,200 stores in China, Australia, Japan, Korea, Thailand and Hong Kong. It highlights our industry expertise, which is constantly being enriched, as well as our ability to offer localized solutions. These integrate the specific characteristics of each country, such as the language, tax laws, regulations and local industry practices. I am proud that the local Cegid teams have contributed to gaining market recognition”, said Nathalie Echinard, Cegid’s Director of Vertical Markets.

Leveraging its global Retail expertise, with 25,000 stores in 75 countries and international sales up 23%, Cegid now equips more than 1,200 stores in Asia with its retail software. Some of Yourcegid Retail’s users in Asia include L’Occitane en Provence, Longchamp, Ted Baker, Lacoste, Arche, and Orchestra.

Cegid has also confirmed its ability to develop localized solutions catered to the needs of the Asian market.

“Asia is particularly well-known for its advanced CRM and loyalty programs. In Japan, for example, there are easily 20 different means of electronic payment outside of traditional bank cards. In Taiwan, the GUI (Government Uniform Invoice) requires retailers to print a lottery number on cash register receipts!” explained Sylvain Jauze, Cegid’s Director of International Operations.

With four offices and subsidiaries spread around the region, local teams dedicated only to the Asian market, and a network of local partners and resellers, Cegid is in a position to offer Yourcegid Retail tailored to the specific requirements of this market.

Cegid’s presence at Retail Asia Expo boosts its profile on the Asian market

Cegid was present at the Retail Asia Expo trade show in Hong Kong on June 4, 5 and 6, where it demonstrated its expertise in the Retail market.  Specifically, Cegid presented the most recent innovations incorporated into its Yourcegid Retail Mobile solution, designed to make mobility a tangible reality in stores and transform the store into a full-fledged service point (point of sale, inventory check, customer history, optimization of the customer experience, CRM, loyalty, etc.).

Retail Asia Expo was also an opportunity for Cegid to share its IT globalization and localization expertise, by presenting the other new developments of Yourcegid Retail, which focused on the following major themes: store management, Omnichannel merchandising, point of sale management, CRM & loyalty, inventory and replenishment optimization, international expertise and best practices, and localizations.

On June 5, Cegid also hosted a presentation entitled, “Omnichannel, Digital, Social Mobile: trends, strategies and execution”.

About Cegid
Cegid Group is a leading international enterprise management and vertical software solutions provider, with revenue of €258.1M in 2012, more than 2,000 employees and almost 400,000 users worldwide. The company has offices in Paris, New York, San Francisco, Barcelona, Madrid, Porto, Milan, London, Casablanca, Tunis, Shenzhen, Shanghai, Hong Kong, Dubaï, Tokyo, Sao Paulo, Moscow and Mauritius, and a network of resellers throughout the world supporting customers in their international expansion.

Delivering solutions and services to improve our customers’ performance and development, our expertise extends from vertical business solutions (Manufacturing, Services, Trading, Retail, Hospitality, Accounting Profession, Nonprofits, Entrepreneurs and the Public Sector) to “enterprise-wide” solutions (Finance, Tax, Performance Management, Human Resources). Cegid’s solutions are also available “on demand” based on a SaaS deployment model and address the needs of companies of all sizes.

With technologies that integrate naturally and meet users' industry-specific requirements, Cegid opens a new dimension in information technology: creating value for enterprises and those contributing to their growth. For more information, visit www.cegid.us.