SwiftIQ, Acumera Launch POS Analytics Solution

CHICAGO—SwiftIQ, a leader in retail insight and execution software, and partner Acumera, a network infrastructure managed service provider, today announced the launch of a cloud-native autonomous point of sale (POS) transaction log polling, ingestion and analytics infrastructure for convenience stores.

Together, Acumera and SwiftIQ enable rapid deployment of secure transaction journal streaming into a cloud-based data warehouse to facilitate automated analytics and vendor collaboration. Powered by Acumera’s smart secure network technology, this system is fully PCI DSS Compliant, with all data air-gapped from the retail network. Acumera’s reliable connections between the point of sale and SwiftIQ’s Retail Execution Cloud ensure data security and simplify PCI compliance.

The infrastructure is initially configured for convenience stores running Gilbarco Passport or Verifone Commander POS systems, and Acumera and SwiftIQ intend to produce NCR-compatible applications soon.

SwiftIQ has pioneered programmable infrastructure, including application programming interface (API) for analytics, machine learning and vendor integration. These APIs also integrate with SwiftIQ’s Retail Execution Cloud to allow retailers and brands an automated, end-to-end system of intelligence, including transaction journal data capture, developer portal, interface for ad hoc analytics, guided insights for assortment, promotions, affinities, and vendor collaboration applications. Convenience retailers can now translate legacy, offline XML data processes used by hundreds of thousands of locations using Conexxus’ standard NAXML output from major POS systems into the emerging future state 3.6 Conexxus API standard.  

“The combination of SwiftIQ’s automated analytics platform and our trusted network supplier Acumera has allowed us to have instant merchandising and marketing insights down from a few days’ lag to instantly via secure transaction streaming from our Gilbarco Passport POS,” said Abhi Patel, Nouria Energy’s Director of IT.  “We look forward to utilizing this capability to enable real-time data and APIs for agility, access and insight automation to improve promotions, out of stocks and our overall margins by reacting faster to business conditions.”

Gray Taylor, executive director of Conexxus, said “SwiftIQ is on the cutting edge of analytics for convenience retailers, and we believe their API infrastructure complements Conexxus’ strategic API direction, enabling industry transformation to facilitate data agility. Acumera provides not only innovative critical security infrastructure but also a service to automate raw data file transfers, while preserving data security. The future of retail depends on tightly integrating data, in a highly structured fashion, with our trading partners so we can have the right product, at the right time, for each consumer’s immediate demand.”  

“We are fortunate to have Acumera as a great partner alongside Conexxus membership, Gilbarco and Verifone to facilitate digital transformation,” said SwiftIQ CEO and Co-Founder Jason Lobel. “This level of automation, security and interoperability will deliver incredible value to convenience retailers to unlock the value of their data”, said Lobel. “Notably, the first Conexxus NAXML version of transaction log data standards were created in April 2000. Nearly 20 years later we now have a modern API-first, cloud-first infrastructure that retailers can use to accelerate growth.”

“Our partnership with SwiftIQ and Conexxus helps retailers like Nouria Energy rapidly deploy sophisticated marketing analytics,” said Dirk Heinen, Acumera’s CEO. “We look forward to helping retailers leverage sales data to build their revenue and margins.”

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