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Synopsis
YOOBIC, a provider of an AI-powered retail operations platform, completed the acquisition of Humanitics, an AI SaaS company, offering retail organizations data analytics solutions. Financial terms were not disclosed. "AI will define the future of retail. At YOOBIC, our goal is to make AI the store team's most valuable partner. Every minute a store manager spends buried in spreadsheets is a minute lost from improving the customer experience. With AI, we turn those insights into immediate action. By acquiring Humanitics, we're adding world-class AI analytics capabilities that accelerate our roadmap and deliver even more intelligent, action-oriented insights for our customers. Gregory Amzel and his team share our vision: that AI should bring humanity back to retail, not take it away," Fabrice Haiat, YOOBIC Founder and CEO.
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