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Invigor Group Ltd (ASX: IVO)

You may have heard of Amazon.

It’s that US online retail giant growing exponentially faster than the likes of Wesfarmers and Woolworths.

And it’s on its way to Australia, to change the retail landscape here forever, offering online shopping and fast delivery of goods. 

No wonder local competitors are starting to wipe a little sweat from their brow.

The question is: how do Australian retailers create an advantage to counter the Amazonian threat?

They turn to Big Data solutions to gain the edge, via the likes of the $7.4 million capped, revenue generating Invigor Group (ASX: IVO), who already supplies data-driven digital solutions to address loyalty, pricing and shopper behaviour.

In the past 12 months, IVO has invested heavily in product development and technology to lead the way in analytics and engagement, with clients such the Good Guys, Moet Hennessy and Treasury Wines signing deals to the tune of $3.7 million.

To further help boost revenues and reach, IVO recently acquired ASX-listed Singapore-based Sprooki Pte Limited, which gives it the ability to offer location-based mobile engagement platforms for retailers, brands and shopping malls, whilst extending its reach into the vital Asian market.

To fund further growth, IVO has just secured $1M funding from a cornerstone investor, Allectus Capital – an established value investor which manages ~A$400M in funds across tech companies mostly across Asia Pacific and the UK, who has clearly seen value in this stock.

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

With Amazon’s upcoming entry into the Australian market likely to put an abrupt end to businesses being able to ignore the competition, IVO is placing itself at the forefront of data solutions needs. 

 

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Amazon is Coming: IVO’s Big Data Solutions to Help Counter Retailers Threat

Why does Facebook provide the service it does, free of charge to anyone with access to the internet? Data collection, of course. When it comes to making money as a service provider or retailer, whether through a bricks and mortar or an online business, it is vital to have deep insights into your customers including who they are and who they’re going to be in future.

May 5, 2017 Continue Reading

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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