Panorama Software Announce Partnership with ITR Software – Necto BI 3.0 Integrates with Buyer’s WorkMate Software Suite

ITR Software  Offers Business Information and Planning Solutions for Retailers – Necto Provides Retail Clients with Socially-Based Actionable  Intelligence 

Toronto, ON (June 19, 2012) – Panorama Software, a global leader in  proactive Business Intelligence (BI) solutions, announced today a partnership  agreement ITR Software, a services and software firm focused on the retail  industry.

Necto is now integrated with the SPIN  module of ITR Software’s Buyer’s WorkMate (BWM) Software Suite, an innovative  decision support software platform designed for merchandising organizations.  One of six modules for the suite, the SPIN component allows users to pull  real-time data from Necto, a distinct competitive advantage for retail industry  customers. This SPIN/Necto combination is integrated with the other five  modules in the Buyer’s WorkMate Software Suite and can be seamlessly integrated  into the customer retailer’s ERP system.

“We are pleased to announce this  agreement with ITR Software and to see a perfect example of how Necto can add  significant value to retail-based platforms,” said Eynav Azarya, CEO of  Panorama Software. “ITR Software’s suite helps retailers with the entire  merchandising lifecycle, and our new social element with Necto gives them  another layer of sophisticated analytics that can proactively spot exceptions  and encourage social workflow connections.”

ITR Software’s SPIN module is an  analytical processing tool that gives retailers timely information that can  influence real-time business decisions. The product is an ideal complement to  Necto which presents next-generation business intelligence tools that include  advanced social sharing and the ability to quickly discover and address  problems. SPIN includes advanced retailer features including store gradings,  size optimization and forecasting tools for both pre and in-season merchandise.

“By bundling Necto with our  proprietary retailer-specific BWM suite, we are able to enhance our customer’s  performance across all of their product lines,” said Joe Apprendi, President at ITR Software.  “The social elements of Necto are the cornerstone of this improved performance,  as it encourages the power of group thinking and social sharing in order to  solve problems more quickly and effectively. Our success hinges on our  presenting complete solutions so our customers can track key demographics and  receive actionable intelligence through analytics.”

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